The city of Montreal has put reserves on two pieces of property that could be needed to build the long-promised Cavendish Blvd extension.
The agglomeration council will vote June 22 on the recommendation by the city’s executive committee that the city put reserves on two vacant pieces of land located near the intersection of Cavendish Blvd. and Dalton Rd., in the boroughs of St-Laurent and the Town of Mount Royal.
The city’s real-estate planning division has also recommended the reserves be approved.
The properties, owned by Montreal-based real estate firm Développement Olymbec Inc., cover nearly 17,000 square metres and have a combined municipal evaluation of just under $1 million. The reserves would bar the owners from expanding or developing the properties, and are in place for two years. The city of Montreal has long said it intends to connect the northern section of Cavendish Blvd in St-Laurent to the southern sector in Côte-St-Luc.
Image may be NSFW.Clik here to view.
