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The Changing Face of Downtown Montreal Retail

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http://www.retail-insider.com/retail-insider/2016/2/downtown-montreal



The Changing Face of Downtown Montreal Retail


By: Gina Mastromonaco, Christine Slevan, and Lynn Johannesson, CBRE.

Downtown Montreal is in transition. The real estate market has become increasingly dynamic as traditional sectors evolve; the retail sector is no exception to this trend!

The core retail sector, as we define it, is based predominantly along Sainte-Catherine Street West, with the addition of some adjacent cross streets such as Crescent, de la Montagne, Stanley, and Peel. Home to major retailers such as Hudson’s Bay, Simons, and Ogilvy, Sainte-Catherine West has been the heart of downtown retail activity for over a century. To complement this corridor and to accommodate shopping during the harsher winter months, there are also five shopping centres that front on Sainte-Catherine Street, and are linked together through the under- ground network, housing a larger variety of fashion, entertainment and services. This retail sector is on the verge of one of its largest shifts ever......


Read it all here:
http://www.retail-insider.com/retail-insider/2016/2/downtown-montreal
 
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