Place Vertu

Place Vertu
Location Montreal, Quebec
Coordinates 45°29′56″N 73°42′24″W / 45.498767°N 73.706631°W / 45.498767; -73.706631Coordinates: 45°29′56″N 73°42′24″W / 45.498767°N 73.706631°W / 45.498767; -73.706631
Address 3131, boulevard de la Côte-Vertu
Saint-Laurent, Quebec, Canada
H4R 1Y8
Opening date August 28, 1975 [1]
Developer Cambridge Leaseholds Limited
Management Westcliff
Owner LaSalle Investment Management
No. of stores and services 155
No. of anchor tenants 5
No. of floors 1 (excluding highrise building)
Parking Outdoor or multi-level
Website www.placevertu.com

Place Vertu is a Canadian shopping centre in the Montreal borough of Saint-Laurent in Quebec. It is located on Côte-Vertu boulevard, corner of Cavendish Boulevard. The mall is about 830,000 square feet (77,109.5 m2) in size, and has a high-rise building.

Stores

Anchors are Canadian Tire, Marché Adonis, Sports Experts/Atmosphere, Dollarama and Uniprix. There is a food court. The mall has many outlets.

History

Place Vertu's anchors on its debut on August 28, 1975 were The Bay, Kmart and Dominion for a total of 110 stores.[1][2] Although Sears was among the original tenants that signed with Place Vertu, it opened its doors two months after the other stores on October 29.[3] [4] The mall was expanded in the 1980s when a corridor was added, going from the center court to a new Pascal's hardware store. Another corridor with an office tower was added in the mid-1980s from The Bay to Pascal's.

Dominion was converted into a Provigo in 1981, Pascal's former space occupied by Zellers in 1991, Provigo was converted once more into a Maxi in 1994 and Kmart's former store space was occupied by Canadian Tire in 2000. Maxi closed in 2001. The Bay closed in May 2007; Zellers relocated to The Bay's vacated location the same year.

Since 2008, the mall has been renovated and now include tenants such as Urban Planet, Dollarama, Laura/Laura+/Laura Petite Outlet, Browns Outlet, Starbucks Coffee (taking Subway's old space after that location moved to the food court). Marché Adonis took the space of Maxi in 2009. Additionally, the mall space between Zellers and the food court was turned into a Winners (which had moved from the strip mall across the street) and the existing tenants from this section were relocated elsewhere in the mall. Zellers old space (formerly Pascal's) remained empty, but was replaced by Gold's Gym in 2012.

After more than 20 years in the mall, Zellers closed in December 2012[5] and was succeeded the following year by Target, but it was closed in 2015, and Sports Experts/Atmosphere relocated to that space in November 2016.[6]

Sears closed in October 2017.

Ownership

Place Vertu was originally owned by Cambridge Shopping Centres. It was one of Cambridge's only shopping malls in the province of Quebec.[7]

In 2001, Cambridge merged with Ivanhoe to become Ivanhoe Cambridge; Place Vertu became the property of this combined company. Ten years later, in 2011, Ivanhoe Cambridge sold the mall to Primaris.[8]

In 2017, Place Vertu was sold to LaSalle Investment Management. The management duties of Place Vertu was transferred over to Westcliff which also happens to be a minority shareholder of the mall.[9]

See also

References

  1. 1 2 "Place Vertu advertisement page". La Presse. Montreal. 27 August 1975. p. E1.
  2. ↑ "Place Vertu: une révélation page". La Presse. Montreal. 27 August 1975. p. E4.
  3. ↑ "Simpsons-Sears inauguera un grand magasin à Saint-Laurent". La Presse. Montreal. 27 August 1975. p. E8.
  4. ↑ "Place Vertu: Une nouvelle réalisation Cambridge". La Presse. Montreal. 27 August 1975. p. E3.
  5. ↑ "The end of the run for a former "Hudson's Bay" store". Flickr.com. Retrieved 10 January 2018.
  6. ↑ Suburban, Joel Goldenberg The. "Sports Experts to fill Place Vertu Target space tomorrow". TheSuburban.com. Retrieved 10 January 2018.
  7. ↑ "Mall Listing". Archive.org. 29 August 1999. Archived from the original on 29 August 1999. Retrieved 10 January 2018.
  8. ↑ "Primaris Retail REIT buys five shopping centres". TheGlobeAndMail.com. 24 May 2011. Retrieved 10 January 2018.
  9. ↑ http://www.lapresse.ca/affaires/economie/immobilier/201709/18/01-5134235-place-vertu-a-un-nouveau-proprio.php
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