Quebec, Ottawa and Montreal will participate in the development of the business plan leading to the development of the land of the former Montreal racecourse, property of the city since 2017.
This site is one of the largest uncontaminated vacant lots on the island of Montreal conducive to housing construction at a time when the scarcity of new homes is reflected in a vacancy rate for rental units at the floor and rents in rapid progress.
Ministers Pierre Fitzgibbon, responsible for the Metropolis, and France-Élaine Duranceau, responsible for Housing, moved to Saidye-Bronfman Park in the borough of Côte-des-Neiges–Notre-Dame-de-Grâce to announce, in the company of Mayor Valérie Plante, the creation of GALOPH: Acceleration Group for the Optimization of the Hippodrome Project, made up of fifteen partners from all walks of life, including the three levels of government.
It will be co-chaired by Pierre Boivin, President and CEO of Claridge, and Janie Béïque, President and CEO of the Fonds de solidarité FTQ. He must decide on the number of dwellings to be built on this vast land, their height, the space dedicated to civic facilities such as a school and the space reserved for green spaces.
The committee will also have to look into the financing of the water and sewer infrastructures currently absent from the site. Its report is expected within 6 to 8 months.