Half-billion dollar residential real estate project gets the go ahead
February 28, 2013 | By HPAC Magazine
La Cite De Mirabel, an urban housing project to be located west of the Laurentian Autoroute at exit 28, will have more than 2000 residential units, including condos, townhouses and tower houses for retirees. Construction is expected to begin this summer. This project of 2.2 million square feet, may generate an economic impact of more than half a billion dollars for the Mirabel, QC, area and create approximately 250 direct and indirect jobs over a period of five years. La Cite de Mirabel’s project is the result of lengthy negotiations between promoters Ray Junior Courtemanche and Daniel Proulx, and MSG Lac Mirabel Quebec SEC (Morgan Stanley Group and Sheldon Gordon Group), owner of the 14 million square feet area.
