Silverstein Properties plans to open a new 30-person research and development center in downtown Montreal with the goal of transforming its tenant management application into a full-service platform.
Posted at 4:00 p.m.
The news was made public during the visit of the mayor of Montreal, Valérie Plante, to New York.
The exact location of the new center is expected to be revealed in the coming weeks.
A sophisticated world-class owner and manager, Silverstein manages 4 million square meters of hotel, commercial and residential properties and retail properties that it has developed. It was this company that rebuilt the World Trade Center site after the September 11 attacks.
The Inspire Labs unit, an arm of its Silvertech technology division, already has a presence in the United States, Ukraine and Israel. “My group’s mandate is to find real estate related products to somehow serve tenants in our portfolio or any other business outside of our portfolio, to explain to The Press Noam Weisman, Vice President, Client Products, Silverstein Properties. »
“We were looking for the most logical next step in expansion, as we have ambitious development plans and wonderful products in the pipeline. We were looking for a place where we could grow significantly. »
“Montreal being in the same time zone, English being one of the main languages, with a very well-educated population, a lot of technology graduates, and not to mention the government tax credit programs that I finds very generous and alluring to us, it all came together in what seems like the perfect place for us. »
The Montreal cell will first work on two products in particular. She will be responsible for the transformation of the application Inspired relationship management with its 50,000 tenants into a complete digital service. The second product, called RTSPand in tune with the times since it is aimed at companies looking to find a workplace for employees working remotely or on business trips.
Reached by telephone during his trip to New York, the CEO of Montreal International, an organization whose mission is to stimulate foreign direct investment, was obviously delighted with the news.
“When an actor with his reputation and who has the means to go wherever he wants in the world and who says: ‘I did my due diligence, and I’m settling in Montreal,'” says Stéphane Paquet , it sends the message to other players that something is happening in Montreal and that it is a market that we must absolutely consider when we have an investment project, like this one in the software sector or in a other domain. »