Ivanhoé Cambridge is starting a feasibility study to create a world-class university hub in the heart of Montreal. The Caisse de dépôt et placement du Québec (CDPQ) mandated its real estate subsidiary, Ivanhoé Cambridge, following the conclusion of an agreement in principle with the Government of Québec, allowing this analysis to be carried out for the conversion of part of the former Royal Victoria Hospital into a world-class university hub.
The university hub would include mainly student residences, a research incubator, and a few local shops. The project could thus consolidate Montreal’s status as one of the best student cities in the world.
“This approach is part of our ambition to revitalize the heart of Montreal and to invest in a real estate project that will meet real housing needs in Quebec. It is with enthusiam that we approach the feasability analysis of this project, in respect of the built heritage and according to the highest standards of sustainable development. » – Nathalie Palladitcheff, President and CEO of Ivanhoé Cambridge
Find out more about the project and stay informed: Cité universitaire de Montréal (citeuniversitairemtl.com)