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Thursday, September 03, 2009

Outremont Rail Yard redevelopment to proceed

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The governments of Canada and Quebec gave the green light to the rehabilitation and development of the Outremont rail yards in Montreal. The total estimate of the project is C$120 million (US$117,016,080). The Government of Canada has earmarked up to C$30 million (US$29,254,020) for the project from the major Infrastructure component of the Building Canada Fund. The province will provide a further C$30 million (US$29,254,020), while Montreal will contribute C$60 million (US$58,508,040). Federal funding will be granted on condition that the project satisfies all federal eligibility requirements for the Building Canada Fund and that the Government of Quebec signs a contribution agreement.

The project will revitalize the site, which has become abandoned over the years, and make it once again a major hub of activity in the middle of the city.

The project work includes the dismantling of the existing railroad tracks in the Outremont rail yard; the construction of a new rail corridor at the north end of the site to ensure enough space for the new site usage; the decontamination of land; the demolition of the current service road and the construction of a new one at the north end of the site and the installation of water and sewer infrastructure, reservoirs and various landscaping work.

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