Olympic Village (Montreal)

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Olympic Village
Montreal - QC - Olympisches Dorf.jpg
Aerial view of the Olympic Village in 2008
Alternative namesVillage Olympique, Olympic Pyramids[1]
General information
StatusComplete
Type

Athletic residences (originally)

Residential, Offices (present)
Location5111 Sherbrooke Street East
Montreal, Quebec, Canada
Construction started1976[1]
Completed1976[1]
Cost$90 million (1976)[2]
$370 million (2011 dollars)
Owner

Groupe Lépine/Zarolega Inc. (1976)
Régie des Installations Olympiques (1976-1998)
Metcap Living Inc. (1998-2004)[3]

El-Ad Group (2004-2012)[1][3]
CAPREIT (2012-present)[4]
ManagementCogir Management (2009-present)[1]
Technical details
Floor count23 (each)[1][5]
Floor area? of residential space
200,000 square feet (19,000 m2) of office space
Design and construction
ArchitectD'Astous & Durand[5]
DeveloperGroupe Lépine[5]
 
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Olympic Village
Montreal - QC - Olympisches Dorf.jpg
Aerial view of the Olympic Village in 2008
Alternative namesVillage Olympique, Olympic Pyramids[1]
General information
StatusComplete
Type

Athletic residences (originally)

Residential, Offices (present)
Location5111 Sherbrooke Street East
Montreal, Quebec, Canada
Construction started1976[1]
Completed1976[1]
Cost$90 million (1976)[2]
$370 million (2011 dollars)
Owner

Groupe Lépine/Zarolega Inc. (1976)
Régie des Installations Olympiques (1976-1998)
Metcap Living Inc. (1998-2004)[3]

El-Ad Group (2004-2012)[1][3]
CAPREIT (2012-present)[4]
ManagementCogir Management (2009-present)[1]
Technical details
Floor count23 (each)[1][5]
Floor area? of residential space
200,000 square feet (19,000 m2) of office space
Design and construction
ArchitectD'Astous & Durand[5]
DeveloperGroupe Lépine[5]
Athletes in front of Olympic Village, 1976 Summer Games.

The Olympic Village is a twin-tower structure in Montreal, Quebec, Canada built as the athletes' residence for the 1976 Summer Olympics. It was built by René Lépine, Chairman of Groupe Lépine, and his associates through the company Zarolega Inc. The Olympic Village is situated on the northeast corner of Sherbrooke Street East and Viau Street in Rosemont–La Petite-Patrie.

All the athletes were housed there, except those participating in equestrian sports and sailing, who were housed in residences set up in Bromont, Quebec and Kingston, Ontario.[6][7]

In 1998, Metcap Living Inc. bought the buildings from the Régie des Installations Olympiques for $64.5 million.[3]

In 2004, El-Ad Group bought the buildings from Metcap Living Inc.

In 2012, El-Ad Group expressed their interest to sell the buildings.[3]

On August 6, 2012, it was reported that El-Ad had sold the buildings to CAPREIT for $177.5 million.[4]

See also[edit]

References[edit]

  1. ^ a b c d e f The Olympic Village chooses natural gas and saves more than $65,000 a year, Canada Newswire, 24 January 2011
  2. ^ http://www.customessaymeister.com/customessays/Literature/1719.htm
  3. ^ a b c d Dubuc, André (2012-02-27). "Le Village olympic mis en vente". La Presse. 
  4. ^ a b Shauly, Avi (2012-07-26). "Tshuva's Elad sells Montreal's Olympic Village". Globes. 
  5. ^ a b c Olympic Village on emporis.com
  6. ^ The history of the Montréal Games, RIO Web site
  7. ^ 1976 Summer Olympics official report. Volume 2. pp. 94-105.

External links[edit]

Coordinates: 45°34′07″N 73°33′17″W / 45.568571°N 73.554647°W / 45.568571; -73.554647