the next role for the decaying former empress theatre will be as a real estate project.
the city of montreal is getting ready to sell the sherbrooke st. w. landmark in notre-dame-de-grâce, also once known as cinema v, for redevelopment, annie gerbeau, the interim director of the city’s real estate strategy department, told a public hearing on the city’s 2025 operating budget on friday.
“the empress theatre has undergone a financial analysis that will allow us to proceed with a sale shortly,” she told council’s finance and administration committee as she presented her department’s activities this year and its objectives for 2025.
the department’s budget presentation was short on detail, but it said “financial profitability analyses promoting site development scenarios” were launched this year. “next step: drafting call for proposals documents.”
a spokesperson for the office of mayor valérie plante and the city executive committee told the gazette that the potential uses for the boarded-up former theatre at the corner of old orchard ave. are still being analysed to establish the parameters and criteria for its development when the property is put up for sale.
“it will be a mixed project with residential,” spokesperson simon charron added. “there will be at least 20 per cent of non-market housing on site,” as required under city regulations.