Real estate developers in the process of gentrification in the Sud-Ouest borough of Montreal
This article hypothesizes that the evolution of residential development and production strategies, particularly since the 2000s, has generated a transformation of gentrification processes. It reports on research we conducted on two fronts. One, we quantified the evolution of residential production in the Sud-Ouest borough of Montreal and analyzed its socio-territorial dynamics. Secondly, we held interviews with actors in the residential development industry in Montreal to better understand the evolution of their practices. Together, these data and analyses allow us to show how growth in the size of projects, the evolution of developers’ tasks and financing strategies, as well as the growing role of investment funds in residential development activities are contributing to the sophistication and acceleration of residential real estate production. This tends to engender a model of intensive and planned gentrification that caters to the requirements of financial actors.