A major milestone for the Bridge-Bonaventure sector has been reached with the announcement of its first large-scale affordable housing project.
Backed by all levels of government and key partners, the project will deliver 376 affordable housing units in Pointe-Saint-Charles as part of a broader effort to transform the Bridge-Bonaventure district into a living and working environment.
Located near the St. Lawrence River, Old Montreal and the Lachine canal, the overall development plan of the neighbourhood focuses on public and active transportation, access to the shores, enhancing the industrial heritage and the Expo 67 legacy.
Back in March, the city revealed that over the next few years, 13,500 housing units may be built.
On Monday, the affordable housing initiative of the project was announced during a press conference that took place on a lot at the intersection of Bridge and Wellington Streets.
“This is a eloquent example of the approach our government has taken: joining forces and multiplying solutions to build more housing, faster, and at a lower cost,” said Quebec Housing Minister France-Élaine Duranceau.
Mayor Valérie Plante called the initiative a cornerstone of her vision for Bridge-Bonaventure: a green, connected, and affordable neighborhood delivering up to 13,500 new homes—nearly half of which will be off-market.
“Accelerating the development of Bridge-Bonaventure is the final element I committed to delivering during my last 300 days as mayor,” she said. “The development of this exemplary neighborhood is underway and will directly contribute to the city’s affordability, for the benefit of all future generations.”
Developed in partnership with Broccolini, Bâtir son quartier and non-profit Point Commun, the affordable housing project will be a residential rental complex and is set to be developed in two phases, each consisting of a high-rise tower: one for off-market housing (50 per cent) and one for market-rate units (50 per cent).
Construction of the first phase—a 20-story affordable housing tower at the intersection of Bridge, Wellington, and St. Patrick streets—is set to begin in summer 2026, with completion expected in fall 2028.
The $130 million project is funded through a combination of federal, provincial, and municipal contributions, leveraging financing tools like “patient loans” to increase unit delivery by up to 25 per cent without increasing subsidies.
“It will be a key element in creating a truly affordable living environment with spaces that meet the needs of the local population and future tenants,” the Canada Mortgage and Housing Corporation wrote in a news release on Monday. “Such as shops, local services, mobility infrastructure, green spaces, and opportunities for a socio-ecological transition.”
Once completed, the development will offer housing as well as community and commercial spaces to serve both residents and the broader Pointe-Saint-Charles community.
