Groupe HD Plans $200M Apartment Project on Montreal Former YMCA Site

Groupe HD Plans $200M Apartment Project on Montreal Former YMCA Site
News| April 28, 2026| Monte Stewart
Canada + Apartment Buildings

Groupe HD plans an approximately $200-million rental-apartment development on the former YWCA site in downtown Montreal.

The project site is located at 1355 René-Lévesque Boulevard West.

The proposed 30-storey tower would include more than 400 rental units and ground-floor commercial space, redeveloping a prominent site in the city’s Golden Square Mile.

While many competitors are focusing on the suburbs, Groupe HD is seeking to capitalize on the downtown area to leverage its “strategic role and long-term potential,” the company,” said the company

“Downtown remains a key hub of Montreal. We believe in its capacity to evolve and in the importance of maintaining a high-quality residential offering. This project is part of a long-term vision aimed at actively contributing to its vitality,” said Thomas Dufour, co-president of Groupe HD.

The company said the existing building has become obsolete following the relocation of YWCA activities to eastern Montreal in April 2025. Demolition approvals are in place, allowing construction to begin in fall 2026.

The project is being designed with a street-level commercial podium and a residential tower set back above, a form intended to fit the surrounding streetscape while increasing density on the serviced urban site.

“This project is built on strong fundamentals, including a central location and excellent accessibility, in a downtown area that continues to evolve. It reflects a long-term investment vision focused on creating lasting value,” said Alexandra Kau, president of Capital Property Developments (CPD).

Located next to Lucien-L’Allier metro and train stations, the development is being positioned as a transit-oriented project with direct access to employment centres, services and downtown amenities.

Project partners include CPD as financial partner, Desjardins Real Estate Financing Group as lender, Construction Praxis as general contractor and NEUF Archi as architect.

Groupe HD is a Quebec-based real estate company focused on investment, development, construction and property management. It is involved in more than 20 projects totalling about 10,000 residential units and manages more than $4 billion in assets.

CPD is a private real estate company that develops, acquires and manages shopping centres in Greater Montreal, Ottawa and Toronto, while also investing in multi-residential projects through its family office platform.

Pictured: Future Groupe HD apartment project in Montreall.

Photo: CNW Group/Groupe HD

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