Place Montréal Trust is a shopping mall in Downtown Montreal, located west of the Eaton Centre, at the corner of Saint Catherine Street and McGill College Avenue. With over 320,000 square feet (29,729 m2) of stores and services, Place Montreal Trust attracts 14 million visitors each year. Its indoor water fountain has the highest water spout in North America at 30 meters in height.[1] Place Montreal Trust is linked to the Underground City of Montreal.
The Maison Astral skyscraper is part of the Place Montreal Trust complex.
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The shopping mall of Place Montreal Trust was opened by Cadillac Fairview in 1988. Ivanhoe Corporation assumed the management of the shopping mall in August 1995, while Cadillac Fairview continued to manage the office building.
On July 7, 1999, Ivanhoe acquired 100% of Place Montreal Trust as part of a 20 million dollar package intended to position Place Montreal Trust a major player in the Downtown Montreal revitalization plan.
Place Montreal Trust is the only shopping centre in Downtown Montreal with five major retailers under its roof, including Zara, Indigo Books and Music, Winners, DeSerres and Mexx. Recently, a new investment of 15 million dollars enabled the complete renovation of the food court and the first level of the shopping centre.
In 1998, Place Montreal Trust was home to Montreal's Planet Hollywood restaurant. The restaurant did brisk business for the first year, but closed two years later. The entrance to the restaurant was on the North/West corner of the Ste. Catherine Street as well as the third floor of the mall. It has since been converted back to retail space and is now the MEXX store.
Place Montreal Trust's atrium allows maximum use of natural light and features a large indoor water fountain. Its 30-metre water spout is the highest in North America. During the holiday season, a giant illuminated Christmas tree filled with animated storybook characters stands just as tall. The mall spreads out over 320,000 square feet (29,729 m2) and attracts 14 million visitors a year.