A Legacy for Future Generations
The Angus Land Trust is a social utility trust. The main mission is to acquire and protect the Technopôle Angus heritage, making it inalienable.
To achieve this, it joined forces with financial partners that share the same values, such as Desjardins, la Caisse d'économie sociale, Fondaction and more recently the Chantier Trust's Social Real Estate Fund, which are investment funds dedicated to supporting innovative environmental and social real estate projects. The Trust is managed by a council of trustees made up of 13 people mainly from the business world, solidarity-based finance and the social economy. The current trustees, acting as the founding trustees, aim to develop more tools that will allow them, and their successors, to take over and protect Angus' unique development model for the area. The Trust has already acquired the essential parts of the Technopôle heritage and has the exclusive rights to purchase all buildings that will be built on the site in the future. The Trust also plans to acquire the buildings at 4051 Molson Street and the Cité médicale Angus as soon as possible. Following these acquisitions, its heritage will consist of nine buildings (offices/businesses/services) with over 650,000 sq. ft. of leasable space and bare ownership of six properties (about 260,000 sq. ft). The Trust could be considered as the first Quebec social utility fund to not only protect a real estate holding, but also promote urban revitalization and the development of responsible, inclusive, modern living spaces. The Trust's model has already inspired other urban revitalization stakeholders and could soon become a source of reference in real estate development with a strong social impact.
A Real Estate Legacy