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Devcore $900M Redevelopment Plan Unveiled

By District Energy posted 07-28-2025 07:17

  

Seaway News

Summary

Local residents gathered at the DEV Hotel & Conference Centre on July 17 to learn more about the long-term redevelopment plans for 1950 Montreal Road. The open house, hosted by Devcore Group, provided a first glimpse at a 15-year, nearly $900 million project expected to house up to 5,000 residents upon completion.

Devcore is also exploring sustainable infrastructure for the project. “We’re thinking of doing a district energy system-produce our own heat on-site and distribute it to our units,” Goulet explained. “That’s pretty awesome… we have such a beautiful site and a lot of access to geothermal areas.”

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