Quartier DIX30™ continues its expansion

New 16-storey building to include a hotel, commercial and office space

BROSSARD, QC, May 25, 2016 /CNW Telbec/ - The Square at Quartier DIX30TM will soon boast a new 16-storey building that will house a four star hotel, with 160 rooms over 95,000 square feet, making it one of the top tier hotels on the South Shore, as well as a class A office space of 107,000 square feet and 10,000 of commercial space.

This latest expansion of the second largest shopping centre in Canada was announced by the co-owners and co-managers of the complex, Oxford Properties Group and Carbonleo.

Construction of the new building has just begun; the office component will be completed by summer 2017 followed by the hotel completion projected for spring 2018; it will be located along Highway 10 and will anchor the north corner of the Square. Sustainability will be a key element in the growth of Quartier DIX30; the new building is designed to LEED certification for Core and Shell.

The ground floor of the new building will include a restaurant of approximately 7,400 square feet, retail space and the hotel and office lobbies. Floors two through six will be office space. The nine upper levels will be hotel accommodations. A tunnel will connect the basement to the existing heated parking garage located on the west side of the building.

Quartier DIX30TM is located at the intersection of Highways 10 and 30. It is home to 310 stores, 53 restaurants, two live theatres, a cinema, an Alt hotel and 350,000 square feet of office space. The centre, which is anchored by Walmart, Canadian Tire, Cineplex and Rona, includes a wide range of exciting brands including Apple, Michael Kors, Williams-Sonoma, Hugo Boss, Lululemon, Zara, Anthropologie and Forever 21, as well as a number of unique tenants in Quebec such as Pottery Barn, Pottery Barn Kids and hr2 Holt Renfrew. This dynamic mix of retail, leisure and entertainment tenants help Quartier DIX30TM maintain higher than average dwell times, with 43% of shoppers coming from the key age demographic of 15-34 years old.

About Oxford Properties Group
Oxford Properties Group is a global platform for real estate investment, development and management, with over 2,000 employees and $40 billion of real assets that it manages for itself and on behalf of its co-owners and investment partners. Established in 1960, the company's portfolio includes over 50 million square feet of office, retail, industrial, multi-family and hotel properties. Oxford is the real estate arm of OMERS. For more information about Oxford, please visit: www.oxfordproperties.com.

About Carbonleo
Carbonleo is the leading commercial development and property management company in Quebec. The company's mission is to develop innovative urban lifestyle centres for the retail sector that help create wonderful moments and experiences for its guests. Led by Jean-François Breton and Andrew Lutfy, Carbonleo leverages the expertise of a group of advisors with decades of cumulative experience in designing and managing urban development projects for commercial purposes.

Founded in 2012, Carbonleo employs more than 40 people at its Brossard headquarters at Quartier DIX30™. This complex is one of Carbonleo's many projects, which it manages and has developed in equal partnership with Oxford Properties Group. Carbonleo is also currently developing a vast multifunctional development project at the intersection of Highways 15 and 40 in Montreal. The company is also currently developing the Rue de la Montagne project. For more information on Carbonleo, please visit: www.carbonleo.com

 

SOURCE Oxford Properties Group

Image with caption: "Logo (CNW Group/Oxford Properties Group)". Image available at: http://photos.newswire.ca/images/download/20160525_C3089_PHOTO_EN_699320.jpg

For further information: Raphaël Melançon, Cohn & Wolfe Montreal, 514-845-7063, raphael.melancon@cohnwolfe.ca


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