MONTRÉAL, Nov. 18, 2024 – Cadillac Fairview (CF) is launching its second residential rental project in the Montréal Metropolitan Area at CF Carrefour Laval, Quebec’s premier shopping center. This is CF’s third major residential rental project, following the Rideau Registry in Ottawa and 750 Peel in downtown Montréal.
The initial phase at CF Carrefour Laval will include 365 units in two towers—one 20 stories, the other 11—connected by a six-story podium with amenities such as a swimming pool. The development will also feature public space improvements, future retail spaces on the ground floor, two levels of underground parking, and convenient transit access via the shopping center.
This project expands CF’s investment in Montréal’s residential market, adding to the three completed Tours des Canadiens towers downtown. It underscores the company’s commitment to housing development and creating vibrant communities across Canada.
Sal Iacono, Cadillac Fairview’s President & CEO, emphasized the project’s significance: “This isn’t just about building much-needed homes in Montréal; it’s about fostering a dynamic, interconnected community. With our residential development history dating back to 1953, CF is proud to help address Canada’s housing needs and transform our retail properties into thriving mixed-use spaces.”
CF’s expansion into residential rentals aligns with its strategy to utilize its land holdings to tackle Canada’s housing shortage.
“Our commitment to placemaking has been central since our founding, and this project reflects our dedication to Laval,” added Brian Salpeter, Executive Vice President, Development, Cadillac Fairview. “We celebrated the center’s 50th anniversary this past March. Since its opening in 1974, it has grown from 125 to 266 stores, becoming a cornerstone of the Laval community.”
Currently, the center is Quebec’s most productive retail destination, according to the International Council of Shopping Centres’ Canadian rankings.
Construction at CF Carrefour Laval begins this month, with initial occupancy expected in summer 2027. This first phase will transform CF Carrefour Laval into a mixed-use hub for living, working, and leisure.
About Cadillac Fairview
Cadillac Fairview (CF) is a major owner, operator, investor, and developer of top-tier office, retail, residential, industrial, and mixed-use properties in North America.
Wholly owned by the Ontario Teachers’ Pension Plan, with $30 billion in assets under management, CF manages over 36 million square feet of leasable space in 64 landmark properties across Canada, including CF Toronto Eaton Centre, 160 Front, Toronto-Dominion Centre, CF Carrefour Laval, CF Chinook Centre, and CF Pacific Centre.
Committed to “Transforming Communities for a Vibrant Tomorrow,” CF strives to positively impact the communities it serves. Visit for more information.
SOURCE Cadillac Fairview