iA Financial Group and Immostar Announce the Breaking of Ground on the Alo Ste-Foy Project: 309 New Housing Units in the Heart of Quebec City's Main Transportation Hub

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iA Financial Group and Immostar Announce the Breaking of Ground on the Alo Ste-Foy Project: 309 New Housing Units in the Heart of Quebec City’s Main Transportation Hub .bwlistdisc { list-style-type: disc } iA Financial Group and Immostar announced today the start of construction on the Alo Ste-Foy project, an 18-story, 309-unit multi-residential complex seeking LEED certification and representing an investment of $118 million. The groundbreaking ceremony took place in the presence of the project partners. Located directly at the Sainte-Foy transit hub, connected to the tramway as well as the North Shore and South Shore bus networks, Alo Ste-Foy is one of the city’s most strategic densification initiatives. “ iA Financial Group is a proud contributor to the Alo Ste-Foy housing project, which has a strong focus on sustainability, seeking LEED certification and promoting access to public transit. Alo Ste-Foy stands out as a model project in this regard, ” said Alain Bergeron, Executive Vice-President and Chief Investment Officer. Responsible urban densification The project is located on a site historically used for parking. Its transformation serves as a concrete example of what responsible urban densification can look like: replacing a barren strip of concrete with a dense, vibrant and sustainable living environment that benefits both the neighbourhood and the city. Alo Ste-Foy offers a rare convergence of transportation options: Direct connection to the future tramway Immediate access to the North Shore and South Shore bus networks A multi-use path connected to the city’s cycling network Proximity to a bike-sharing station Quick access to Route de l’Église (shops, restaurants and services) “ Alo Ste-Foy proves that you can do life in the city differently: better connected, more efficiently, without compromising on quality of life. Here, we’re creating a living environment that simplifies daily life and fits seamlessly into today’s urban reality, ” said François Pelchat, a partner at Immostar. A living environment designed for today Alo Ste-Foy offers a high-quality living environment, designed to meet today’s needs, featuring optimized, bright and functional units ranging from studios to three-bedroom apartments. The architecture, both modern and timeless, blends harmoni...

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