Montreal’s highly anticipated $7 billion mixed-use development, Royalmount, is set to redefine the city’s shopping, dining, and entertainment landscape with an impressive lineup of luxury retailers. Led by developer Carbonleo, the project aims to become the premier destination for upscale experiences in eastern Canada.
Key Highlights:
- Luxury Brands: Royalmount will feature an array of renowned luxury brands, including Louis Vuitton, Gucci, Tiffany & Co., Saint Laurent, Versace, Jimmy Choo, David Yurman, TAG Heuer, Michael Kors, and RH (Restoration Hardware).
- Montreal Debuts: Half of Royalmount’s tenants will be making their debut in Montreal, adding to the allure of the development as a new retail destination in the city.
- Flagship Stores: David Yurman’s flagship store at Royalmount will be its largest in Canada and its first in Quebec, while TAG Heuer’s design will pay homage to the city’s racing history.
- Sustainability Focus: Royalmount aims to be the first 100% carbon-neutral mixed-use development in the Americas and the largest LEED Gold retail project in Canada. The property will prioritize sustainability through initiatives such as an energy loop powered by hydroelectricity, increased green spaces, and extensive carbon-dioxide-absorbing vegetation.
- Inclusive Luxury: Carbonleo emphasizes a commitment to “progressive, human-centric, and vibrant” projects, focusing on sustainable retail, connectivity, and inclusive luxury to cater to all shoppers.
- Funding: The project is funded by L Catterton, a leading consumer-focused private equity firm with significant equity capital.
- Location Significance: The name “Royalmount” directly reflects the development’s location, with “Montreal” translating to “Mount Royal” in French.
Conclusion:
With its impressive lineup of luxury retailers, sustainable initiatives, and commitment to inclusive luxury, Royalmount is poised to redefine the retail and entertainment landscape in Montreal. Set to open in the summer of 2024, the development promises to offer a unique and upscale shopping experience while prioritizing environmental sustainability and community engagement.
