Royalmount Project is Under Way

Gearing up for construction, slated to begin spring 2019

Town of Mount Royal, October 25, 2018 – Carbonleo and L Catterton Real Estate (“LCRE”), the developers of the spectacular mixed-use project Royalmount, are pleased to announce that site preparation is underway at the southwest corner of Décarie Expressway and Highway 40 to prepare for the construction of this exhilarating 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 surrounding community, the city as a whole, and visitors from abroad. Construction of this unprecedented cultural and commercial hub is slated to begin in the Spring of 2019.

First steps – The buildings located at 8400 and 8600 Décarie Boulevard will be demolished while those at 8300 and 8500 will be preserved for future integration into the Royalmount project. Dismantling work at the site has begun and will be executed in keeping with best practices. Moreover, no less than 80% of the materials: concrete, wood, glass, steel, copper and aluminum, will be recuperated on site and recycled.

While continuous discussions are underway with local partners and authorities, plans are in place to keep inconveniences down to a strict minimum for local businesses and residents during terrain preparation for Royalmount.

The hub of Montreal’s new “Midtown” –  The “Midtown Montreal ” designation, coined by Carbonleo, is 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 the Plateau-Mont-Royal.

 

About Carbonleo Carbonleo is a private Quebec based property development and management company that has pioneered a progressively human, vibrant and highly experiential approach to developments. Inspired by top creators and by world-class best practices, the team of story builders at Carbonleo creates engaging communities through projects that fulfill the aspirations of present and future consumers. With a track record of developing successful next generation mixed-use developments, Carbonleo is dedicated to the ongoing revitalization of Montreal, and in continuing to create a portfolio of exciting, high value, differentiated assets that integrate seamlessly into the regions in which they come to life. The company, which employs 50 people and was founded in 2012, has numerous projects in its stable including Quartier DIX30TM, RoyalmountTM, as well as Four Seasons Hotel and Private Residences Montreal.
www.carbonleo.com .

About L Catterton Real Estate With over $15 billion of equity capital across six fund strategies in 17 offices globally,                      L Catterton is the largest and most global consumer-focused private equity firm in the world. L Catterton’s team of more than 160 investment and operating professional partners with management teams around the world to implement strategic plans to foster growth, leveraging deep category insight, operational excellence, and a broad thought partnership network. Since 1989, the firm has made over 200 investments in leading consumer brands. L Catterton was formed through the partnership of Catterton, LVMH (Louis Vuitton Moët Hennessy) and Groupe Arnault.

 L Catterton Real Estate seeks to generate attractive risk-adjusted returns from a select number of high-quality, luxury retail-driven, mixed-use real estate developments in premium locations globally, building close and long-term partnerships with premier local developers. LCRE provides differentiated operating and strategic support to its partners, all focused on enhancing value and investment returns to the benefit of all stakeholders. Some notable projects include the Miami Design District and Ginza SIX in Tokyo, Japan.
www.lcattertonrealestate.com  

About Royalmount Located in the heart of the Island of Montreal, Royalmount is ushering in a new era of lifestyle destinations. It will be a model for inter-modality, sustainable development and technological integration, providing a true meeting point between generations that will celebrate Montreal’s joie de vivre. Inspired by world-class gathering places such as New York’s Highline, London’s High Street and the charming piazzas of Italy, the Royalmount project will feature terraces, promenades and a central plaza that will reflect the lifestyle of Montrealers. The addition of a rooftop greenhouse, as well as an integrated food and beverage offering featuring local and world-renowned chefs will make gastronomy a key component of the project in line with Montreal’s international reputation as a haven for foodies. Montreal’s new Midtown urban resort will feature five hotels, four office towers, a wellness village and a sustainable and efficient transportation hub anchored by a fully enclosed pedestrian and bike friendly bridge connected to the subway system. 
www.royalmount.com .

Photos available HERE and HERE.

Media Contacts: 

Carbonleo 
Julien Baudry 
jbaudry@national.ca 
514 793-9193

Vanessa Lyssan
vlyssan@national.ca
514 266-5434

L Catterton 
Andi Rose / Julie Oakes Joele
Frank, Wilkinson Brimmer Katcher
212 355-4449


181025 Royalmount Press Release En

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