Groupe Evoludev and the Fonds immobilier de solidarité FTQ have begun construction on O-Rive, a rental housing project in Montreal East.
The new six-floor property is scheduled for delivery in the summer of 2025 and will feature 117 rental units plus ground floor retail space. The project was designed with sustainability in mind, with a high-density building that exceeds the energy performance requirements of Canada’s National Energy Code for Buildings. Heat islands will be reduced by integrating a rooftop vegetable garden and 105 underground parking spaces on two levels, along with 25 municipal parking spaces including EV charging stations and bike storage. Natural resources will be conserved with rainwater management via an underground retention basin and energy-efficient faucets to reduce drinking water consumption.
“The housing shortage is a major issue in Québec,” said Mayor Anne St-Laurent of Montreal East. “The administration, our elected officials and I have worked closely with Evoludev since they presented the O-Rive project to us. I would like to thank all those who have made this project possible, including Groupe Evoludev and the Fonds immobilier de solidarité FTQ. The attention paid to accessibility, sustainability, mixed-use and integration into the environment makes this building an excellent addition to our city.”
Photo (from left to right): Martin Raymond, president and CEO, Fonds immobilier de solidarité FTQ ; Chantale Rouleau, minister responsible for social solidarity and community action and MNA for Pointe-aux-Trembles; Anne St-Laurent, Mayor of Montreal East; Jonathan Trudel, partner and president, Groupe Evoludev ; Alexandre Gauthier, partner and vice president, Groupe Evoludev. (CNW Group/Fonds de solidarité FTQ)
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