Centre Eaton de Montréal Introduces Ambitious Food Court Revitalization
Portfolio | Jan 23, 2025 | CDPQ
Centre Eaton de Montréal is set to undergo a major transformation of its food court, aiming for a Fall 2026 unveiling. The revitalization will incorporate modern design trends to elevate the customer experience, positioning the Centre as a culinary destination in Montréal. The project, announced by CDPQ with Managing Director Annie Houle highlighting its strategic importance, will feature a mix of established and new-to-Canada dining options. This is part of CDPQ's initiative to invest in flagship properties and enhance urban experiences in Québec. JLL, a leader in property and commercial development, will manage the project. The redesign will align with Montréal’s cultural and urban identity, utilizing sustainable design elements to create a warm, communal space. The project will proceed in a strategic three-phase rollout to minimize disruption for current retailers and visitors.
Sectors
- Real Estate Development
- Food and Beverage
- Retail
Geography
- Canada – The project is located in Montréal, which is a major city in Canada, making it relevant to this geographic classification.
- Montréal – Centre Eaton de Montréal is in the city of Montréal, and the article focuses on a development project within this specific geographic area.
Industry
- Real Estate Development – The article focuses on the revitalization of the Centre Eaton de Montréal, a real estate project aimed at enhancing urban experience through property development.
- Food and Beverage – The revitalization project involves the creation of a new food court, making it relevant to the food and beverage industry.
- Retail – The Centre Eaton de Montréal is a retail space, and the project affects retailers directly as they will operate during the renovations.
Financials
- – No specific financial figures such as deal prices or investment amounts were mentioned in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Centre Eaton de Montréal | Target | Companies | A shopping hub in downtown Montréal undergoing a food court revitalization. |
| CDPQ | Investor | PE Firm | Caisse de dépôt et placement du Québec (CDPQ), a financial institution supporting the project. |
| JLL | Manager | Companies | A commercial real estate company tasked with managing the food court revitalization project. |
| Annie Houle | Executive | People | Managing Director, Real Estate Canada at CDPQ, commenting on the project's strategic importance. |
| Johanne Marcotte | Executive | People | Executive Vice President, Portfolio Management, Retail at JLL, explaining the firm's role in the project. |