New $200M residential project to be built at former YWCA site downtown Montreal

A new residential project worth over $200 million will be built at the location of the former YWCA site in downtown Montreal, the real estate firm behind the project announced Friday.

Groupe HD said that it plans to develop a 30-storey rental tower with more than 400 housing units at 1355 René-Lévesque Boulevard West.

The project will also include a ground-floor commercial space.

Former YWCA site in downtown Montreal on April 24, 2026. (Hayder Mahdy, CityNews)

Company leaders say the decision reflects their confidence in downtown Montreal’s long-term appeal, even as many developers shift toward suburban markets. The project is backed by Capital Property Developments and financed by Desjardins Group.

The existing YWCA building, now considered obsolete following the organization’s relocation in 2025, will be demolished to make way for the new structure. Designed by NEUF Architectes, the project will integrate a street-level commercial base with a setback residential tower to better align with the surrounding streetscape.

The project in the heart of Montreal is close to the Lucien L’Allier station and other commercial centres and universities.

Construction is expected to begin in fall 2026.

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