Montreal, October 26, 2023 – Brivia Group, in collaboration with its financial partners, is pleased to announce the resumption of construction activities on the Mansfield project, on the former site of Loew’s Theatre in downtown Montreal. This milestone marks a significant step forward in the realization of this ambitious 19-storey mixed-use real estate project, which had been put on pause pending on completion of financing conditions.
The Mansfield project represents a modern tribute to elegance and urban living in the heart of the metropolis. Comprising 226 residential units, innovative commercial spaces and meticulous attention to architectural detail, this development is set to become an iconic Montreal landmark. Future residents will have the opportunity to live on the edge of one of North America’s most important commercial arteries, the famous Sainte-Catherine Street, towards the end of 2025.
The decision to temporarily put the project on hold was linked to the importance Brivia Group places on the completion of the financing conditions, confirming its commitment to the sustainability of the project for future residents and investors. Construction financing has been in place since March 2022 with the collaboration of a banking syndicate led by Bank of Montreal (BMO).
“I reaffirm my confidence in this flagship project for the metropolis. Our team of professionals is more determined than ever to bring it to fruition and turn the vision behind it into reality, creating an exceptional living environment for our residents. I would like to express my gratitude to our clients, partners, professionals, trades and sub-trades for their patience and support”, said Mr. Kheng Ly, President, Founder and CEO of Brivia Group
An atmospheric alley
To commemorate the former Loew’s Theatre, Brivia will create a pedestrian-friendly alleyway between the new structure and the adjacent Sun Life Building. This artistic and urban design will reconnect Cathcart and Metcalfe Streets and recall the site’s cinematic past with a dome above the main entrance soffit that will recall the look of the ceiling of the original theatre. Passers-by will be immersed in a commemorative urban mural, the likes of which Montreal has never seen, that will include iconic elements inspired by the former Loew’s Theatre.
About Brivia Group
Brivia Group is a real estate promoter and investor which holds a growing number of major achievements in Montreal, Québec City as well as the Greater Toronto Area and Vancouver. Founded in 2000 and led by President and CEO Kheng Ly’s vision, Brivia Group combines expertise, experience and the business network needed to allow audacious projects like 1 Square Phillips, Mansfield, YUL, QuinzeCent, and CURV to take shape while also meeting expectations for its diverse clientele. With dozens of Québec real estate projects in its portfolio, the group has also expanded to the Greater Toronto Area and Vancouver.
About Tianqing Investment Group
Tianqing Investment Group is the Canadian subsidiary of Gansu Tianqing Group Real Estate Co. Ltd, the largest real estate company in China’s Gansu province. Founded in 2000, the company now has projects in 11 Chinese cities, including Beijing, Shanghai and Shenzhen, as well as in the United States and Canada. In 2013, Tianqing Group began its strategic overseas expansion with projects such as YUL Condominiums, Stanbrooke and Quinzecent in downtown Montreal.