Ivanhoe Cambridge account revitalize the esplanade of Place Ville Marie

Photo: Ivanhoe Cambridge Sid Lee
An architectural rendering of the redevelopment of the Place Ville Marie

The real estate subsidiary of the Caisse de dépôt et placement du Québec (CDPQ) plans to invest $ 200 million to revitalize the esplanade of Place Ville Marie in order to make it a gathering place urban metropolis.


Ivanhoe Cambridge explained Thursday that this announcement was part of its plan to inject 1 billion in the city centre of Montreal.


His vice-president offices, Québec, Bernard Poliquin, highlighted by way of a press release that the plaza ” will offer cultural programming and activities with experiential at the height of the great international cities “.


To carry out its project, the property manager has retained the services of the firms, montreal-based Sid Lee Architecture and Menkès Shooner Dagenais Létourneux Architects.


The revitalization of the esplanade of Place Ville Marie will be the fifth large-scale project put forward by Ivanhoe Cambridge. The real estate arm of the CDPQ will perform Monday at the inauguration of the House Manulife.


Through subsidiaries and partnerships, Ivanhoe Cambridge has an interest in nearly 800 buildings, mainly in residential areas, offices, shopping centres and logistics.


As of 31 December, the value of its assets amounted to approximately $ 56 billion.

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