Montreal’s Royalmount mega-mall project is officially underway.
The developers of the $1.7-billion project, Carbonleo and L Catterton Real Estate (LCRE) have announced that site preparation is underway at the southwest corner of Décarie Boulevard and Highway 40, to prepare for the construction of the new urban destination in the Town of Mount Royal.
The privately funded project will become a world-class lifestyle hub and a state-of-the-art destination for the community and tourists.
Construction is slated to begin in Spring 2019.
The buildings located at 8400 and 8600 Décarie will be demolished while those at 8300 and 8500 will be preserved for future integration into the Royalmount mega-mall. Dismantling work at the site has begun and 80% of the materials, concrete, wood, glass, steel, copper and aluminum will be recuperated on site and recycled.
Coined as the new “Midtown Montreal,” by Carbonleo, Royalmount will be reminiscent of other famous world-class central boroughs such as Midtown Manhattan, Tokyo Midtown, and Midtown Toronto.
Located at the centre of the Island, Montreal’s new Midtown will complement other iconic city boroughs such as the Mile End and Le Plateau.