Land Site
Land Portfolio, Aubry & Sherbrooke East
Located in Montreal’s East-end, this new power center offers prime retail and residential development opportunities. The portfolio was purchased in subsets by Groupe Maurice, Chaloub Architects/Bâtir son Quartier, and Sobeys, and now features over 1800 residential units. With its strategic location and diverse mix of retail and residential spaces, this development presents an unparalleled investment opportunity for developers and investors looking to capitalize on Montreal’s growth and expansion.
With a total area of approximately 869,659 square feet, this property represented a unique opportunity to transform an old industrial site into the Faubourgs Contrecoeur, located at the entrance of Montreal East. The development has since been completed and now includes a grocery store, single-family homes, multi-residential units, and senior housing. The diverse mix of residential and commercial spaces provides an attractive investment opportunity for developers and investors looking to capitalize on Montreal’s growth and expansion.
This property is strategically located in the South-West quadrant of Highway 40 and 25, intersecting Mercier-East, Anjou, and Faubourg-Contrecoeur. Its location offers easy access to downtown Montreal, with a 15-minute drive.
The development of a global vision for a development project in the eastern part of Mercier presents challenges such as the inclusion of retail where the density is relatively low. The challenge for developers will be to create a development plan that balances the need for retail space with the existing low density of the area. This will require careful planning and a creative approach to development, but it also presents an exciting opportunity for those who are up to the challenge.