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Concordia partners with Devimco Immobilier on Next-Generation Cities Institute

Downtown Montreal needs shock treatment to recover:Chambre

Downtown Montreal, badly affected by the pandemic, nearly empty office buildings, ongoing construction and no parking on parts of Ste. Catherine West and the current ban on indoor dining, needs a form of “shock treatment” to achieve an economic recovery, says Serge Goulet, President of the real estate development firm Devimco Immobilier. During a Chamber of Commerce of Metropolitan Montreal’s Strategic Forum on the Downtown Area panel discussion, Goulet said the city, “the two senior levels of government and the private sector must create a new partnership—the equivalent of a New Deal—to ensure the economic recovery of the city’s downtown and surrounding area.”

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