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Diapositive 1

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... to convert the Darling Foundry (phase 1) into an arts centre ... Average annual household income surpasses CAN $73,000 - 50 % more than the Montreal average ... – PowerPoint PPT presentation

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Title: Diapositive 1


1
Presentation
English Version September 30th, 2003
2
Location
  • Cité Multimédia, close to
  • The Old Montreal
  • The International Quarter
  • The Business Centre
  • The St-Lawrence River

3
What is the Cité Multimédia?
  • A project for the urban revitalization of an
    obsolete, abandoned industrial neighbourhood
    along the shores of the Lachine Canal
  • Real estate development of a technology park
  • A financial assistance program by government to
    attract businesses from the information
    technology sector to the technology park

4
Corporate Assistance Programs
  • Creation of CDTI program in March 1997
  • Creation of Cité Multimédia program in June 1998
  • Up until June 12, 2003 (date the program was
    abolished), over one hundred companies were
    accredited by the government
  • Fiscal measures are provided for a period of 10
    years

5
CDTI Program
6
Cité Multimédia Program
7
Private-public partnership
  • Establishment of diversified and productive
    partnerships, aligning resources and competencies
    from the public, parapublic, and private sectors
  • Represents an investment of more than CAN 400
    million for the revitalization of the area and
    construction of the technology park

8
Partner Real Estate Developer Cité Multimédia
  • Investment of over CAN 200 million
  • Construction of technology park consisting of 8
    buildings
  • Owners
  • SITQ, 37.5
  • SOLIM, 37.5
  • and SDM, 25

9
Partner The City of Montreal
  • Investment of CAN 15 million in neighbourhood
    urban infrastructure
  • By means of Montreals PROCIM (industrial
    cooperation) program, an investment of CAN 10
    million by way of subsidies for a property tax
    abatement program

10
Partner The Government of Quebec
  • Investment in fiscal incentive programs offered
    to tenant companies, managed by Investment Québec
  • Investment of CAN 1 million in grants from the
    Ministry of Environment for cleaning up
    contaminated properties
  • and an investment of CAN 4 million from the
    Ministry of Municipal and Metropolitan Affairs
    towards urban infrastructure

11
Partner Non-profit Organizations
  • CEIM, the business incubator of the Cité
    Multimédia, with an investment of CAN 1.2
    million for renovation of one floor
  • Quartier Éphémère, with an investment of CAN
    1.5 million needed to convert the Darling Foundry
    (phase 1) into an arts centre

12
Partner Private Residential Development
Corporations
  • Have invested over CAN 100 million and offer 533
    residential units
  • Groupe Gueymard, with 1 McGill
  • Prével, with the Quai de la Commune
  • Développement McGill, with 100 McGill
  • and Europa projects

13
Partner Companies Supplying Energy and
Communications
  • Public and private corporations have ensured the
    supply of public services to the neighbourhood
  • Hydro-Québec CAN 60 million
  • Air conditioning and heating company CCUM CAN
    10 million
  • Electrical services commission CAN 4.5
    million
  • Bell CAN 2 million
  • Telus CAN 100,000
  • and VDN CAN 50,000

14
Partner Private Tenant Companies at the Cité
  • Tenant companies have contributed to the quality
    of life within this exceptional urban
    environment, most notably through their
    investment of some CAN 30 million for the
    layout of tenant space

15
Profile of Employees
  • 6,000 employees 5,439 of whom receive salaries
    subsidized by the Cité Multimédia program
  • Average age of these workers is 32
  • Average annual household income surpasses CAN
    73,000 - 50 more than the Montreal average

16
Profile of Companies
  • Around one hundred companies established at the
    Cité Multimédia
  • Working in the information technology industry,
    comprising
  • multimedia
  • software development
  • electronic commerce
  • telecommunications
  • From 5 to 1500 employees per company
  • 15 are foreigners

17
Awards of Excellence
  • The Cité Multimédia development project has
    merited several prizes, amongst which those
    bestowed upon it by
  • Quebec Order of Architects, for the building
    located at 31 Duke Street (2003)
  • Metropolis, for the urban revitalization and job
    creation project (2002)

18
Leasing Policy
  • Lease from 5 to 10 years
  • Competitive rental rates
  • 24-hour security service
  • Approximately one hundred security cameras
  • Info Bentall Real Estate Services, tel.
    514-393-8820
  • www.bentall.com

19
Business Incubator
  • The CEIM - Business and Innovation Centre -
    joined the Cité Multimédia in 2000
  • Accommodates around ten small businesses at the
    start-up phase
  • Offers a tailor-made program of management
    support and advice
  • Proposes a tailor-made financing strategy

20
Networking Activities
  • Favour the integration of the Cité within the
    greater Montreal milieu
  • Create and strengthen business ties between
    neighbourhood businesses

Breakfast discussions
Press conferences
Networking cocktails
21
Social Activities
  • Facilitate the integration of new arrivals to the
    Cité
  • Development of a sense of belonging to the new
    neighbourhood

Corn roast
Bike Fest
Blood drive
22
Artistic Activities
  • Support the functions of artistic creation and
    expression, particularly in their exchanges with
    the world of new technologies, so as to
    contribute to the richness and quality of life in
    the neighbourhood

Montreal Biennial
Art Cité
Darling Foundry
23
Synergy Between Companies
  • Founded on
  • Proximity of companies within the same technology
    park
  • Complementariness of IT business activities
  • Capacity to rally forces in order to develop
    partnerships and strategic alliances
  • Ease in sub-contracting work to neighbouring
    companies located within the Cité Multimédia

24
A Role Model
  • A number of foreign delegations have visited the
    Cité Multimédia in order to gain inspiration from
    this model
  • Ahead of its time the Cité Multimédia has
    succeeded in developing a private-public
    partnership, one which many countries strive to
    achieve

25
A Value-added Project
  • The Cité Multimédia has become a world-class
    address in terms of its
  • Professional IT and multimedia services
  • Urban rehabilitation
  • Neighbourhood quality of life

26
A Promising Future
  • With the creation of the Société du Havre of
    Montreal in 2002, the Cité Multimédia
    neighbourhood can count on the following
  • The corporation rallying all 3 levels of
    government
  • Solutions to revitalize 27 kilometres of the
    St-Lawrence River bank
  • Investments to the tune of CAN 3 billion over
    10 years, from private as well as public sectors
  • New development projects which will consolidate
    the areas surrounding the Cité Multimédia
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