Groupe Devimco and its partner, the Fonds immobilier de solidarité FTQ, today broke ground on Wellington sur le Bassin, part of the District Griffin project, in the Griffintown neighbourhood.
A true icon in Montréal’s most sought-after neighbourhood, Wellington sur le Bassin is the only project currently under construction facing the Peel Basin and overlooking the Lachine Canal. Located at the corner of Wellington and De La Montagne streets and the new Smith Promenade, its access to the waterway, the green bike path and the new REM station make it a one-of-a-kind project.
Valued at $160 million, the project will feature 380 condominiums on 25 floors, including studios, one- to three-bedroom units, and penthouses of up to 1,328 square feet. Occupancy is planned for 2024.
The ground floor will feature a large lobby, fitness room and terrace. On the 25th and top floor, Wellington sur le Bassin residents will enjoy one of the highest terraces in the Griffintown area, which will include a rooftop pool, a furnished patio with outdoor kitchen, barbecues, fire pit and pergola area, private dining area, and an urban chalet with a kitchen.
The 10,000 square feet of common areas have been conceived by renowned designers to create a relaxed luxury atmosphere. Wellington sur le Bassin will offer breathtaking 360-degree views of Mount Royal, downtown and the St. Lawrence River.
“We are pleased to continue developing our major District Griffin project, which represents $1.2 billion in investments to date,” said James Goulet, Vice-President, Acquisitions and Development, and Partner at Groupe Devimco. “We are proud to have been the first, but above all the main, artisan of the development of the new Griffintown sector.”
Martin Raymond, Senior Vice-President, Real Estate Investments at the Fonds immobilier de solidarité FTQ, said: “We have been at the forefront with a visionary partner like Devimco and we look forward to continuing our business relationship in the development of this major neighbourhood. Wellington sur le Bassin will help create a vibrant community just steps from downtown. Ultimately, the major District Griffin project will have created more than 7,000 jobs, which is quite an achievement in terms of our mission.”
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