The New on Chabanel: an innovative real estate project centered on design

More than 100 influential representatives of the real estate industry gathered today at a luncheon which took place at 433 Chabanel for the Chabannel Project 1presentation of the “New Chabanel…design unlimited”, a project developed by Groupe Dayan. Guests were invited on a tour of newly-renovated spaces already occupied by recent tenants. Combining commerce, creativity and lifestyle, the project brings together coffee shops, boutiques, office spaces, lofts and a variety of multi-purpose areas, in the heart of this district rich in commercial heritage.

The “New Chabanel… design unlimited” comprises five buildings situated along Chabanel Street, Chabannel Project 2including 99, 125, 225, 333 and 433, where the most important cluster of Canadian leaders in the fashion and design industry are already established. Many more blue-chip names of the fashion and design industry are expected to join them shortly.

The “New Chabanel… design unlimited” project is intended to optimize the value of the existing real estate infrastructure which already boasts a rich history in the North-American fashion industry. The project was inspired by the latest trends in Chabannel Project Lofts 3technology and design and is guided by a mission to respect fundamental principles of sustainable development. To make it a reality, Groupe Dayan recruited experts in the field of sustainable development to ensure that the project both respects the most recent environmental standards as well as maintains its heritage value.Chabannel Project Lofts 2 For example, it features the installation of sophisticated, high-tech systems that control lighting and heat and help to minimize energy consumption. 433 Chabanel possesses one of the largest green roofs in Montréal.Chabannel Project Lofts

According to M. Albert Ezerzer, Vice-President, Operations of Groupe Dayan, “Despite the economic difficulties presently experienced in the real
estate industry, we are convinced of the value of the “New Chabanel” project and of the positive impacts it will have on Montréal.” He specifies that the “New Chabanel” promises to be one of the most dynamic and exciting commercial districts and remain a focal point in fashion and design in Montréal and internationally.”Chabannel Project Street
Furthermore, the City of Montréal and the Ahuntsic-Cartierville Borough are contributing to the revitalisation of Chabanel with an investment close to 20 million dollars of which the first phase has already been initiated.




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