The developers of the mixed-use Royalmount property in midtown Montreal have announced a half-dozen upscale retailers, including Louis Vuitton, Gucci, Tiffany and Co., and RH will be among the tenants in its multi-level retail and lifestyle complex.
Other retailers confirmed in the announcement are Sandro and Maje.
"To be able to announce that some of the world's leading brands will be opening major flagship stores at Royalmount stands as testament to the quality of the project and its ability to meet demand in the Quebec market for luxury experiences,” said Andrew Lutfy, the president and CEO of Carbonleo, which is leading the development with co-owner L Catterton Real Estate.
Furniture retailer, home and design services firm RH will be one of the anchors of the retail segment, which will eventually house 170 stores and services, including about 60 restaurants, food and experiential attractions.
RH is planning to open a 46,500-square-foot location at Royalmount, the rapidly expanding U.S. retailer’s first presence in Quebec.
Vuitton, Gucci and other retailers
Louis Vuitton will also launch its first dedicated store in Quebec with the opening of a new 9,1500-square-foot flagship at Royalmount. Gucci is another retailer bringing its first dedicated store to the market, taking a 8,700-square-foot space at the heart of the district.
The Tiffany & Co. store will be its largest in Greater Montreal.
Sandro will open a 2,700-square-foot store offering both men’s and women’s wear, and Maje will lease a 1,500-square-foot store. They will be the first boutiques in Quebec for Sandro and Maje.
Openings are expected in spring 2024.
"We're pleased that these renowned luxury brands have committed to opening retail locations at Royalmount, reflecting our view that this world-class project will redefine urban mixed-use development in Canada just as we were able to do with Miami Design District,” said Mathieu Le Bozec, managing partner of L. Catterton Real Estate, in the release.
“Together with Carbonleo, we look forward to introducing this destination to Montreal and visitors from around the world."
The first phase at the multi-billion-dollar Royalmount property, which includes the 824,000-square-foot, two-level retail and lifestyle complex, is under construction. At full build-out, Royalmount is to have about 3.5 million square feet of mixed-use space.
The Royalmount development
Located at the junction of Highways 40 and 15 in the Town of Mount Royal, it is being built on a property once dominated by industrial uses. The property is largely bordered by the highways and another light industrial district.
The 85-acre Royalmount development has undergone several revisions since it was announced in 2018. The current plan for the site involves several thousand housing units in addition to the planned retail, offices, a hotel and commercial and entertainment segments.
However, the amount of housing at the site remains contentious with the town, so that aspect of the development remains to be determined.
Royalmount also includes a three-kilometre linear park called Le Champ Libre which will run through the entire site, and an outdoor public piazza along other greenspace features.
Billed by Carbonleo as “the first of its kind”, the district will be one of only a few “100 per cent carbon-neutral mixed-use projects in Canada.”
Sustainability features are to include a 25 per cent reduction in energy consumption courtesy of a geothermal system, the inclusion of 450,000 trees on the site, the harvest of 86 per cent of rainwater which falls on the property, and extensive use of green spaces and green roofs.
The site also benefits from Quebec’s largely hydroelectric grid and plans to offset seven per cent of its emissions via carbon credits.