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Montreal City Council Approves $2.2B Place Versailles Redev Project
Montreal city council has approved the proposed massive $2.2-billion Place Versailles mall redevelopment project.
Councillors endorsed the project in the east end after the city’s public consultation office (OCPM) gave its approval months earlier.
Council’s approval marks a major advancement in the transformation of the six-decades-old shopping centre.
Place Versailles is located in the borough of Mercier-Hochelaga-Maisonneuve near the Radisson Metro station. The redevelopment plan seeks to transform the 17-hectare site in into a vibrant mixed-use neighbourhood.
The project includes more than 5,000 housing units, commercial spaces, a primary school, parks, a hotel, and community facilities.
The OCPM’s 109-page report endorsed the redevelopment but recommended improvements, including adjustments to the 25-storey residential tower.
CBC reported that the city has indicated building heights along the Pierre Corneille and du Trianon will be adjusted to eight and six floors, respectively. And, one of the planned 25-storey towers will be set further away from existing homes.
Julien Hénault-Ratelle, a city councillor in Mercier–Hochelaga-Maisonneuve, offered qualified support for the redevelopment project during the city council meeting at which it was approved, according to CBC. But the councillor also expressed concern that many of the OCPM’s recommendations had not been carried out.
The absence of a crucial development agreement before the vote also forced council to rely solely on assurances, Hénault-Ratelle said during the meeting, according to CBC.
But Pierre Lessard-Blais, mayor of the Mercier–Hochelaga-Maisonneuve borough, is highly optimistic. The mayor recently told Radio-Canada that he expects that the move will prove to be a good one 25 years from now.
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Photo: CNW Group/OCPM
