MONTREAL — An iconic shopping centre in Montreal’s east end is slated to undergo a significant transformation with the first phase potentially starting in 2026.
The Place Versailles project will proceed without disrupting the current commercial activities, stated Kevin Robinson, a representative of Place Versailles’ owners, during the Sommet de l’Est organized by the Chambre de commerce de l’Est de Montréal.
“Place Versailles will continue to fulfill its local and regional commercial role. Renovation and beautification work will be undertaken to enhance the existing retail offerings,” said Robinson, adding some stores would eventually be relocated to allow the transformation project to begin.
Estimated at $2.2 billion, the project aims to create a neighbourhood featuring 5,805 housing units, including 979 social housing units, rental and condominium units, and residences for seniors.
It will also include offices, a hotel, three public parks, as well as a multifunctional public square, an elementary school and community facilities.
According to the release other highlights of the project include:
- The creation of bicycle paths;
- establishing a biodiversity corridor along Autoroute 25;
- greening common areas and rooftops;
- installing permeable surfaces and rainwater retention systems across parks, streets and private properties; and
- the development of local streets, shared lanes and private roads to improve site connectivity and accessibility.
The initial phase will focus on redeveloping a parking lot in the northeast section, which the developer says will eliminate a significant heat island effect, and include a central park of 5,716 square metres, 2,528 residential units, including 304 social housing units in two buildings and a seniors’ residence, along with 3,430 square metres of retail space.
Ecological corridors along the 17-hectare site will be established to connect existing green spaces.
“Throughout the planning process, the owners of Place Versailles have worked closely with both City of Montreal officials and Mercier-Hochelaga-Maisonneuve borough officials to ensure seamless integration into the surrounding urban fabric, while respecting its historical significance; Place Versailles opened originally in 1963, becoming Montreal’s first-ever indoor mall,” states the release.
“The project aligns with a vision of sustainable development inspired by the Transit Oriented Development concept, seeking to maximize the benefits of proximity to the Radisson metro station.”
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