Groupe HD has announced plans for a significant new residential development in the heart of Montreal, targeting the former YWCA property at 1355 René-Lévesque Boulevard West.
The project will feature a 30-storey rental tower with more than 400 housing units, along with ground-floor commercial space, representing an investment of over $200 million. Positioned in the city’s Golden Square Mile, the development is intended to play a key role in revitalizing a strategic downtown site.
Company leaders say the decision reflects confidence in downtown Montreal’s long-term appeal, even as many developers shift toward suburban markets. The project is backed by Capital Property Developments and financed by Desjardins Group.
The existing YWCA building, now considered obsolete following the organization’s relocation in 2025, will be demolished to make way for the new structure. Designed by NEUF Architectes, the project will integrate a street-level commercial base with a setback residential tower to better align with the surrounding streetscape.
Located near the Lucien-L’Allier station, the development follows a transit-oriented model, offering strong access to public transportation, employment hubs, and nearby institutions such as Concordia University.
Construction is expected to begin in fall 2026, with the project positioned as a flagship addition to the Ville-Marie borough and a contributor to downtown Montreal’s ongoing transformation.
