Jesta Group

Jesta Group unveils massive mixed-use development in Old Montreal

Wednesday, June 16, 2021

A new one-million-square-foot mixed-use development is coming to Old Montréal from the family-owned developer, Jesta Group. The project will be transformational for the neighbourhood, featuring modern rental housing, vibrant retail, a Hyatt Centric hotel, and state-of-the-art office space with Novartis Pharmaceuticals Canada already on board with a ten-year lease. At thw heart of the new development will be a 36,000 square-foot pedestrian courtyard anchored by the iconic Château Viger.

Jesta Group acquired Gare Viger in 2012 and has been working closely with government authorities, local stakeholders and industry leading specialists to create an architectural landmark that celebrates the rich history of the site and promotes its future as a hub for innovation and creativity.

Place Gare Viger is being built with a focus on health, access to nature and strength of community. From indoor air quality to touchless entries, to abundant vegetation and enhanced amenities for both work-from-home residents and office tenants, the project has been designed to deliver on post-pandemic needs.

“We are very excited to build the next chapter of our growth in Canada in this progressive mixed-use project at the heart of Old Montréal,” says Christian Macher, President, Novartis, Canada. “This location will position us closer to our partners, potential collaborators of all kinds, as well as new talent in a space that will be conducive to entrepreneurial thinking, inspiring innovation and co-creating solutions-oriented ideas with patients and customers in mind.”

Meanwhile, Jesta Group plans to open Hyatt Centric Montréal, which will be the first of its kind in Canada. “We are very pleased to announce the first Hyatt Centric hotel in Canada in this iconic development in the heart of Old Montréal,” said Scott Richer, Hyatt’s vice president of development, Canada. “The Hyatt Centric brand is perfectly aligned with the forward-thinking vision of Place Gare Viger.”

The hotel will include 177 guest rooms, 4,500 square feet of banquet space, a rooftop pool and bar with unobstructed 360° views and a destination restaurant that will be run by a pillar from the local restaurant industry, the Burgundy Lion Group.

“Our vision at Jesta Group has always been to create a fully integrated urban campus for the future of work, live and play. We are ecstatic that our vision has resonated so strongly with the business community. We look forward to welcoming Novartis, supporting Lightspeed’s continued growth and delivering an exceptional hotel experience with Hyatt at Place Gare Viger,” said Anthony O’Brien, Jesta Group’s Senior Managing Director.

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