Title: Diapositive 1
1Presentation
English Version September 30th, 2003
2Location
- Cité Multimédia, close to
- The Old Montreal
- The International Quarter
- The Business Centre
- The St-Lawrence River
3What 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
4Corporate 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
5CDTI Program
6Cité Multimédia Program
7Private-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
8Partner 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
9Partner 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
10Partner 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
11Partner 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
12Partner 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
13Partner 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
14Partner 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
15Profile 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
16Profile 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
17Awards 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)
18Leasing 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
19Business 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
20Networking 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
21Social 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
22Artistic 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
23Synergy 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
24A 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
25A 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
26A 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