Public presentation of the transformed Royalmount Project

Developer Carbonleo invites the public to two open-air public information sessions,
the evenings of July 14 and 15 at the Royalmount Drive-in Event Theatre

MONTREAL, July 9, 2020 /CNW Telbec/ - Carbonleo, developer of the Royalmount project, will hold outdoor public information sessions on July 14 and 15 at the Royalmount Drive-in Event Theatre at 5:30 p.m. to present this transformed innovative neighbourhood project to interested members of the public.

The management of Carbonleo, who wish to explain the benefits and characteristics of the project, has decided to adopt an outdoor formula due to the pandemic in order to ensure a safe presentation in compliance with health requirements. These meetings constitute an important step in a public consultation process that has been ongoing since 2019. The presentation of the project will be able to accommodate 250 registrations in an original format, allowing for adherence to public health rules in order to ensure safety in times of pandemic.

Since its initial unveiling, the Royalmount project has benefited greatly from the constructive comments of various stakeholders, resulting in a significant enhancement of its initial form and the creation of a real living environment on a human scale for metropolitan and local communities.

"Since February, our team has been enthusiastically looking forward to presenting an enriched and greatly improved project. This new vision of Royalmount was made possible thanks to the consultations with, and constructive comments from, citizens and experts. On July 14 and 15, it will be a transformed project that we will present to citizens, namely a 100% pedestrian eco-innovative neighbourhood with a large residential component, green spaces, local services and a commercial component, as well as cultural offerings. We have responded to the requests we heard in order to create a real living environment in the image of Montrealers. The solution of using the drive-in format seemed to us the ideal way to meet public health requirements and to ensure the safety of participants, who we hope will attend in large numbers. It is essential for us to present the project in its transformed and forward-looking version," said Andrew Lutfy, President and CEO of Carbonleo.

To register
It is essential to register in advance for one of the two information sessions, to be held on July 14 and 15 at 5:30 p.m. The meetings will be held at the Royalmount Drive-in Event Theatre, located at 8315 Chemin Royden, in Mount Royal, very close to the De La Savane metro station. Each of the presentations will be able to accommodate 250 registrations per evening—i.e., 50 seated places for those arriving by public transport, plus 200 vehicles—all of which will allow us to respect the social distancing necessary to ensure the safety of citizens.

Registration for citizens can be made via the website at www.royalmount.com.
Media representatives wishing to participate must call at 514 212-7812 to reserve their place.

Carbonleo listens
Since 2019, more than 30 experts and stakeholders have worked on essential themes to make Royalmount a unifying project. The overall project has undergone a significant evolution, with improvements to the residential offering, the urban design, the vertical garden city and the cultural offering.

Meetings and activities were set up to listen and enrich the project through the implementation of round tables with experts from different fields, different consultation sessions in public places and online discussions with citizens in which 350 ideas and comments were collected.

Citizen consultation sessions took place in the Town of Mount Royal, at the De La Savane metro station and in the borough of Saint-Laurent. Themes that emerged included the addition of a residential component to contribute to the diversification of the sector, increased integration of greenery suitable for all four seasons, and a focus on the circular economy, as well as on accessible and modular green spaces for citizens. Particular emphasis was placed on mobility and on solutions to help open up the sector, as well as on the promotion of electric, active and collective transport, connecting infrastructure to that of adjacent neighbourhoods, and limiting the place of the automobile.

The commercial offering and the cultural offering also received special attention in order to meet the expectations of citizens for a diverse, distinct and complementary experience in the city centre, as well as to integrate local and independent shops, and to compensate for the current lack of offerings in the sector.

As desired, the project now further reflects Montreal's identity and captures the essence of Montreal through architecture, layout, art and local services. It is a serene, green living environment, adapted to new lifestyles and to the desire of citizens for active mobility and a reduced environmental footprint.

The transformed project in brief
On the environmental level

• A complete and eco-innovative living environment with 4,500 housing units;
• Local services;
• A covered pedestrian and cycling walkway accessible year-round leading to the De la Savane metro station;
• More green spaces and community facilities;
• An urban woodland;
• A 3.8 km linear pedestrian path, a "POD" project (Pedestrian-oriented Development);
• A central park and community services;
• 1.5 km of bicycle paths connected to the existing network and 500 parking spots for bikes;
• Innovative farm-to-table concept with restaurants' food supply coming from the urban farm of Royalmount;
• 100% white or green roofs, and vertical gardens for residential buildings;
• A project aiming for double LEED® Gold certification for its commercial buildings, with the objective of being 100% carbon neutral, and a LEED ND certification for the overall project;
• Use of geothermal energy and rainwater recovery; limited supply of parking, respecting minimum requirements;
• Underground parking and nearly 150 electric charging stations, far exceeding the number required by LEED certification;
• Improved fluidity of service roads near the site thanks to the collaboration of the various levels of governments.

On the cultural and commercial levels

• Revamped cultural offering with elimination of the outdoor stage and two performance halls that were initially planned;
• Maintenance of a multifunctional venue capable of accommodating new types of events, such as holographic shows or e-gaming competitions;
• Reduced commercial offering, adapted to the new realities of the market;
• Addition of an electric vehicle delivery service.

"We are proud of this new version of the project, which integrates green space and a residential component. It represents, in every respect, the spirit of collaboration that has enabled us to once again raise the bar of excellence. It is based on the contributions of some thirty experts and stakeholders, groups of citizens, individual citizens and organizations. During the meetings of July 14 and 15, I am confident that many will recognize themselves in the proposed improvements and, more than ever, I am convinced that the Royalmount project represents the needs and aspirations of Montrealers for a living environment on a human scale", said Carbonleo's executive vice-president and partner, Claude Marcotte.

About Carbonleo
Carbonleo is first and foremost a builder of experiences. With a proven track record of developing innovative mixed-use projects, Carbonleo is dedicated to revitalizing Montreal and creating a portfolio of remarkable and exciting high-value projects that integrate seamlessly into the regions in which they come to life. Founded in 2012, Carbonleo is a Quebec-based real estate development and management company that has pioneered a progressively human, vibrant, and highly experience-oriented approach. Inspired by top creators and international best practices, Carbonleo develops real estate projects that meet the aspirations of present and future consumers. It employs over 70 people and offers its shareholders incomparable creativity and exceptional operational expertise. The company has numerous projects in its portfolio, includ­ing Quartier DIX30™, Royalmount™, as well as Four Seasons Hotel and Private Residences Montreal.
www.carbonleo.com

About L Catterton Real Estate (LCRE)
Carbonleo has partnered with L Catterton Real Estate (LCRE)—the real estate investment and development arm of L Catterton—on the Royalmount project. With over $15 billion of equity capital across six fund strategies in 17 offices globally, L Catterton is the largest consumer-focused private equity firm in the world. It is made up of a team of over 160 professional partners dedicated to investments and operations around the world. The company implements strategic plans to foster growth by leveraging in-depth knowledge of the category, operational excellence, and a broad network of partners. Since 1989, the firm has invested in over 200 consumer brands. L Catterton was formed through the partnership of Catterton, LVMH (Louis Vuitton Moët Hennessy) and Groupe Arnault.

L Catterton Real Estate seeks to generate attractive risk-adjusted returns from a select number of high quality, mixed-use, luxury retail real estate developments in prime locations around the world by forging long-term partnerships with top local developers. LCRE provides customized operational and strategic support to its partners, with a focus on increasing value and returns on investment for the benefit of all shareholders. Some notable projects include the Miami Design District and Tokyo's Ginza SIX.
www.lcattertonrealestate.com

SOURCE Carbonleo

Martine Robert, [email protected], 514 212-7812