The UQTR campus, condominiums, retirement home and green spaces. The “renovation” of the $850 million Fleur de Lys shopping center will accelerate in the coming months.
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The building’s owners, Trudel Alliance, announced on Monday some work that will begin in August. But before tackling the brick and mortar sites, they decided to develop a green space for the residents “in the middle of a car park” near Soumande Street.
“Our goal is for customers and merchants to benefit from the green area that is not on site. […] We moved trees and removed the asphalt to put it on the lawn,” referring to magazine William Trudel, President and Founder of Trudel Alliance.
This park will be in place for about three years, which is the right time to complete this phase of work. Ultimately, the real estate group’s project also offers “a huge permanent park with games for children, water points and plants,” the businessman explains.
From the end of the summer, the Fleur de Lys Center will begin its true transformation. About two dozen tenants such as Dollarama, Éléganza, New Look, Visique and all dining tables in the shopping center’s central corridor will either be moved or temporarily relocated to the former building of La Baie department store.
Today we are about to finish the process Tetris‘,” says Mr. Trudel, with humor, who plans to unveil his master plan in full in the fall.
The president does not hide that he is “worried” about the rising costs of building materials in recent months. He hopes to return to normal in 2021 or 2022 in order to limit the impacts on his position. The Fleur de Lys shopping center will remain open while it operates.
The following work will aim, among other things, to demolish parts of the building on the side of the Laurentian Highway located between the former Sears and JYSK buildings. Eventually, at another stage scheduled for 2024, the La Baie Pavilion will also pass under the wreckage’s peak.
The administration also promises to “renew” the commercial offer. New banners will be added, but the motos and the mouth are sewn onto the next slots.
The UQTR campus has been built in recent months, which has required an investment of about $30 million, and should welcome its first students as soon as the government gives the green light. The work is now finished.
Recently, the Trudel Alliance registered with the Lobbyists Registry in order to be able to “negotiate” with Quebec City the costs of some municipal work to be carried out at the Fleur de Lys site, in particular with regard to the sewer pipe upgrade.
“Negotiations will focus on the planning of the streets, the municipal services that will take place there and, if possible, the sharing of costs that will be attributed to them,” one can read in the post.
In 2019, the Trudel Alliance conducted a public consultation for several months in order to take the population’s pulse on the needs in this sector. The group has owned the site since 2018.
Trudel Alliance, which is headquartered in Quebec City, now has approximately $400 million in assets. The administration hopes to reach one billion by 2027.