Selection Group launches Canadian expansion, announces three major development projects in National Capital Region18 July 2019
Selection Group announces three major development projects in the National Captial Region as the company pursues plans for expansion across Canada. The total investment in the Ottawa-Gatineau region is estimated at $383 Million with completion of the first residential units scheduled for 2020. Each project will offer senior lifestyle and intergenerational living environments, with spaces dedicated to housing and leisure, and will provide environments meant to foster a strong sense of community amongst residents.
A $120 Million development project in Orleans
The Orleans project will incorporate two residential buildings on Innes Road. The first tower, with 255 units, scheduled to open in Winter 2020, will cater to both independent and assisted living seniors. The second tower, with close to 100 units, will reflect Selection Group’s vision of creating functional, intergenerational living environments, where different generations can be enriched by living side by side.
Given the current scarcity of residential rental properties in Orleans, this project will provide residents wishing to continue living in the area with expanded and enhanced rental opportunities.
A $150 Million development partenership with SmartCentres in Ottawa West
Selection Group has entered into a partnership agreement with SmartCentres to develop a mixed-use complex at SmartCentres Laurentian Place shopping centre at the corner of Baseline Road and Clyde Avenue. Following the trend of creating living spaces that blend residential and commercial complexes, the project will consist of two buildings, with several housing units, shared common facilities, independent retail shops and three levels of parking. Construction is planned to begin in Spring 2020 with the opening of the complex scheduled for Summer 2021.
A $113 Million development project in Gatineau
Similar to the model proposed for Orleans, the project on Plateau Boulevard in Gatineau will incorporate two residential buildings, one catering to both independant and assisted living seniors, with 240 units, and one dedicated to intergenerational living, with 166 units. The first phase of the project, reflecting the seniors’ residence, is scheduled to open in Fall 2020.
— We are thrilled to announce our first projects in Ontario, with the construction of major projects in the National Capital Region. Selection Group takes great pride in offering a variety of residential products that are tailored to the specific needs of our clients. We have made it our mission to build thriving communities in Quebec and now we are ready to bring this success to the rest of Canada, starting with these breakthrough projects in Ontario. It is time to look ahead and the future looks bright.
– Réal Bouclin, President and Chief Executive Officer, Selection Group
About Selection Group
Selection Group is a prominent real estate group in Canada. It has experienced unprecedented growth, in the last 30 years, and has become widely recognized as a market leader in the retirement complex industry, by building lasting intergenerational living environments where all generations can come together and thrive. Selection Group continues to innovate, with its avant-garde approach to intergenerational living and its unique, vertically-integrated structure. These assets are the key pillars that facilitate the company’s geographic and product diversification, which are tailored for youth, families and retirees. Today, Selection Group boasts more than 50 housing complexes in operation, construction and development, in Canada and the United States, and the value of its assets surpasses $ 4 billion dollars. Selection Group, whose head office is located in Laval, Quebec, employs more than 5000 people that work continuously for the well-being of over 15 000 clients, that continue to show an outstanding overall satisfaction rate of 95 %, year after year.
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For more information, please contact:
Vice President, Public Affairs and Corporate Communications
(450) 902-2000 ext. 2405 / (514) 833-7880