19 June 2025
19 June 2025
The initial planning phase is slated to begin in late 2025, with subsequent design and construction phases leading to project completion by 2033.
The £70m ($94m) investment will revitalise a former brownfield site at 138 Hydepark Street into a 25-storey residence.
The underground facility will comprise 19 salt caverns and associated hydrogen treatment and transfer facilities.
This project is set to begin production in the second quarter of 2025, with completion expected by the first quarter of 2028.
Véronneau, who is rejoining the company as COO effective 23 August 2025, will be based in Montreal.
The contract involves the refurbishment of 192 apartments, enhancing both their exterior and interior aspects.
The initial phase will commence at the now-empty Deverell Barracks site to deliver the first 150 homes.
The infrastructure works are expected to be completed in the fourth quarter of 2026.
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