{"id":694,"date":"2014-09-24T16:35:00","date_gmt":"2014-09-24T16:35:00","guid":{"rendered":"http:\/\/rf.podcastfixit.com\/index.php\/2014\/09\/24\/bois-de-caryer-revived\/"},"modified":"2015-06-01T19:40:55","modified_gmt":"2015-06-01T19:40:55","slug":"bois-de-caryer-revived","status":"publish","type":"post","link":"https:\/\/newscoverage.org\/index.php\/2014\/09\/24\/bois-de-caryer-revived\/","title":{"rendered":"Bois de Caryer revived"},"content":{"rendered":"

By Tracey Arial<\/b>
www.thesuburban.com<\/a><\/p>\n

Thanks to a new developer, all the people who deposited $40,500 for units in the Bois de Caryer neighbourhood in LaSalle will get the home of their dreams or their life savings back. <\/p>\n

\u201cThere\u2019s no way I\u2019m going to start a project with 97 people losing their life savings,\u201d said Luciano Catalogna, one of the directors involved in the new project, Utopia Gardens. \u201cI\u2019m a spiritual person. I don\u2019t want bad karma.\u201d<\/p>\n

Catalogna and the other Utopia directors Andr\u00e9 Lacombe and Mehrdad Shams Amiri own a little less than half of a 98,296 square metre property to the north west of Angrignon Park. They plan to build four condominium towers on their property to emphasize the technology produced at Structcan manufacturing plant in Pointe Claire.<\/p>\n

But the rest of the project has been mired in controversy. More than 200 townhouses were built almost three years ago, but roads were never paved. No snow-clearing takes place in the winter. No sidewalks exist. Sewage lines were broken and the previous developer installed a trailer connection and then amplified it for the townhouses. Hydro Quebec did not consider the installation safe and planned to cut power the end of this month if it wasn\u2019t fixed.<\/p>\n

\n
About two months ago, Utopia Towers decided that they should take over the whole project to make sure it becomes the landmark development it was intended to be.<\/p>\n

\u201cI want this whole area to be beautifully landscaped,\u201d said Catalogna. \u201cI want it to be like paradise. This will be Utopia Gardens. I want this project to be a beautiful area and there are going to be four towers and they\u2019re going to stand up strong. My goal is not to make money from this project. I\u2019m promoting my manufacturing plant. That\u2019s what we\u2019re truly doing now. By the end of October, everything is going to be completely finished.\u201d<\/p>\n

\nCompletely finished means digging up all the roads, putting cameras into pipes, making new plans, repairing pipes, replacing the electrical wiring, paving roads, building sidewalks and landscaping. All that will be done at the end of this month. Then four of the 15 lots can be turned over to the borough of LaSalle to become Bois de Caryers and Rosaire Gendron streets and the 200 townhouse occupants will be able to enjoy their new homes.<\/p>\n

In the meantime, a complicated legal battle is being waged to get 97 depositors their money back. It\u2019s difficult, because the previous development company has no assets, something discovered by two people who have judgements against them. Utopia Towers has obtained the right to collect the defaulted payments from all the parties, a total that adds up to more than a million dollars. Those who wish to can use the credit as a down-payment on one of the new condo units in Utopia Towers. The others will have to wait until Utopia can collect the cash by calling in a mortgage that includes personal guarantees from individuals involved.<\/p>\n

The company can then focus on ground-breaking for the new towers, which should get underway by next summer.
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By Tracey Arialwww.thesuburban.com Thanks to a new developer, all the people who deposited $40,500 for units in the Bois de Caryer neighbourhood in LaSalle will get the home of their dreams or their life savings back. \u201cThere\u2019s no way I\u2019m going to start a project with 97 people losing their life savings,\u201d said Luciano Catalogna,<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-694","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nBois de Caryer revived - Newscoverage<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newscoverage.org\/index.php\/2014\/09\/24\/bois-de-caryer-revived\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bois de Caryer revived - 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