Alexandra Pier Development Plan Unveiled

Business & Finance

At the symposium held by the Association québécoise des transports (AQTr) on November 6 in Montreal, on the theme “Creating and capturing value in transport infrastructure projects,” Marie-Claude Leroux, vice-president, corporate affairs, who oversees property services at the Montreal Port Authority, gave a detailed presentation of the restoration works at Alexandra Pier and the Iberville Passenger Terminal.

These major works require an investment of $78 million. They will make it possible to return the existing infrastructure to the original vocation of the passenger terminal by upgrading its capabilities to better meet the needs of shipping lines and cruise passengers, who are choosing Montreal more and more as a destination.

These works will also contribute to better integrating the terminal and pier into the urban fabric. The winning concept aims to provide a meeting point, a bridge between the city and the river and a welcome to cruise passengers on par with Montreal’s international reputation.

When the City of Montreal filed its three-year capital works program for 2015-2017 at the end of October, it indicated its support for this project in the form of a $15 million contribution.

In the coming months, the MPA will work on completing the project’s financing structure, a pre-commencement condition. In the interest of transparency, an information and  public exchange process will also get underway to ensure that this marine project becomes the pride of all.

[mappress mapid=”19179″]

Press Release