Immostar, Bâtimo and Chartwell Reveal Plans for Retirement Residence

Batimo and EMD Construction are pleased to announce their partnership with Immostar and Chartwell and an investment of more than $100 million for the redevelopment of Mail Cap Rouge, located in Quebec City. This megaproject for mixed use includes the revitalization of the shopping center and the creation of a new retirement residence.

Chartwell Retirement Residences, the largest owner and manager of retirement housing in Canada, in partnership with Bâtimo and EMD Construction, will build a new residence adjacent to the Cap-Rouge Mall, a unique feature in the Cap-Rouge area. This one-phase residence will consist of 360 units including studios, 3 ½, 4 ½ and 5 ½, as well as 36 high-end units for semi-independent living. Combining nature, prestige and direct access to the mall, this residential complex represents an investment of $78.5 million and is expected to generate about 350 jobs during its construction. About fifty permanent positions will also be created once the residence is fully operational. The first residents should be able to move in the summer of 2019.

“We have always paid special attention to the Cap-Rouge Mall considering its exceptional location and our knowledge base of the sector. For several years, we have witnessed the stagnation of its development and the deteriorating quality of offer and services to its community members. The remarkable potential was still there to create a project that would meet expectations, choices and Cap-Rouge citizens’ demographic characteristics. That’s why we came up with a mixed project that will offer quality shops and services for all residents including retired seniors. This is Immostar’s mission in partnership with Bâtimo and we are very pleased to be making a difference in this sector that we care about,” said André Pelchat, President of Immostar.

The retirement residence will offer bright and spacious apartments for active seniors in the Cap-Rouge community, with the peace of mind of knowing that additional support is available on-site. Residents will have access to numerous amenities, including a demonstration kitchen, a beautiful library, arts and crafts room, a gym and yoga studio, while also having the opportunity to enjoy a coffee or a glass of wine with friends in the bistro or dining areas. The residence, easily accessible by highways 40 and 540, is within the Cap-Rouge Mall offering close proximity to key convenient amenities such as a pharmacy, a bank, gas station, postal office, SAQ and many restaurants. Also, Cap Rouge’s Golf Club, Jacques-Cartier Park, Cap-Rouge river and a walking path are in close proximity.

“After our announcements in the past year of new Chartwell residences in partnership with Bâtimo, in Greenfield Park, Saint-Hubert, Vaudreuil-Dorion and Candiac, we are thrilled to further enhance our presence in Quebec’s seniors housing landscape, this time in the Quebec City market,” said Maxime Camerlain, Vice-President of Real Estate Integration at Chartwell. “Cap-Rouge is a great location for seniors to stay active and involved in a peaceful community with a view of the beautiful surrounding nature while benefiting from a lifestyle which includes a variety of on-site services, programs and shops.” Francis Charron, President of Bâtimo and Vice-President of EMD Construction echoes Mr. Camerlain’s opinion: “This new complex, ideally positioned within the mall and steps away from many shops and services, will be very beneficial to residents as well as to local cultural and leisure facilities.”

The new location will join Chartwell’s existing network of 45 residences across the province and more than 180 locations across Canada. With an anticipated opening of the residence in the summer of 2019, the Presentation Centre is expected to be open on November 1, 2017 and will be located in the Cap-Rouge Mall. “We are particularly proud to be bringing our vision of Making People’s Lives Better to even more seniors in Quebec and to contribute to the revitalization of the Cap-Rouge Mall,” adds Mr. Camerlain. More information can be found at ChartwellCapRouge.ca.