From the News Release:

"City of Montreal to Invest in Quartier Concordia

MONTREAL/ November 29, 2006-Concordia University was pleased to learn that the city of Montreal has officially recognized the Quartier Concordia project and will be investing in its development. This announcement was part of the Montreal budget for 2007 released earlier today. Quartier Concordia will transform the Sir George Williams campus from a random collection of buildings into a welcoming and cohesive urban campus in the area bordered generally by Sherbrooke, Guy, René-Lévesque, and Bishop streets.

While mayor Gérald Tremblay and Ville-Marie borough mayor Benoit Labonté have publicly endorsed the project in recent years, Concordia is very encouraged to see funding for the project now in the budget.

The goals of the Quartier Concordia project include improving the use of outdoor spaces, stimulating street life, and providing respite for the Concordia community and the public. The project will optimize vehicular and bicycle traffic as well as pedestrian flow and facilitate movement between campus buildings. Quartier Concordia will also maintain a welcoming environment for the Concordia community and the surrounding neighbourhood, highlight landmarks, promote the display of artwork and create a distinct campus environment within the downtown core."