An iconic shopping centre in Montreal’s east end is set to undergo a $2.2 billion transformation that will be facilitated without disrupting commercial activity, though some stores will be relocated to allow construction to proceed.
Place Versailles will become a neighbourhood of its own with 5,805 housing units, including 979 social housing units, rental and condominium units, and senior residences, as well as offices, a hotel, three public parks, an elementary school, community facilities, and a multifunctional public square, taking its role as a local and regional commercial centre to the next level.
The masterplan also includes bicycle paths, a biodiversity corridor that connects to existing green space, green common areas and rooftops, rainwater retention systems, and infrastructure that promotes connectivity and accessibility.
The first phase of construction is expected to begin in 2026 and will target the redevelopment of a parking lot in the northeast section of the 17-hectare site to eliminate a significant heat island effect and create a central park of 5,716 square metres, 2,528 residential units—including 304 social housing units in two buildings and a seniors’ residence—and 3,430 square metres of retail space.
