At a press conference held on December 2, 2013, the Société de développement ANGUS launched its new building project to revitalize the southern sector of Saint Lawrence Boulevard between Saint Catherine on the north, the National Monument on the south, Saint Lawrence Boulevard on the west and Clark Street on the east. The announcement was attended by Quebec Premier Pauline Marois ; Jean-François Lisée, Minister of International Relations, La Francophonie and Foreign Trade, Minister responsible for the Montreal Region and Chairman of the Metropolitan Montreal Region Ministerial Committee ; and Denis Coderre, Mayor of Montreal.
The Carré Saint-Laurent project will cover 47,500 square meters of buildings ; its entire ground floor will house commercial activities, while the first floor will be devoted exclusively to cultural tenants. From the north side of the quadrangle to the corner of Saint Lawrence Boulevard and Sainte-Catherine Street, the building will include 150 residential units located above commercial and cultural spaces ; on the south side, the top 8 floors will be dedicated to office space.
For commercial occupation, the St. Lawrence Market will be created, a completely open-plan space that will host forty independent grocery shops.
By introducing a wide diversity of uses and forms in the project, SDA President and CEO Christian Yaccarini, his team and architects from Provencher Roy Architectes have sought to guarantee the long-term economic and social synergy of the project. In addition, this large-scale project will be respectful of the environment and the built heritage.
Valued at $160 million, the Carré Saint-Laurent project is being carried out with assistance from the Fonds Immobilier Angus (FIA), a fund established by Fondaction and the SDA.