US EditionDevelopers propose $400-million project to transform Montreal's downtown Bay store
The $400 million redevelopment will include a museum on fur trade history, an Indigenous cultural center, and mixed-use facilities, promoting Cree heritage and economic growth, officials said.
- In September 2025, JHD Real Estate partnered with the Cree non-profit James Bay Eeyou Corporation to announce their intention to submit a bid for redeveloping the former Hudson's Bay building located in downtown Montreal.
- This plan follows Hudson's Bay filing for creditor protection and closing all its stores earlier in 2025, leaving the landmark at 585 Sainte-Catherine Street West vacant.
- The developers propose a $400 million project to convert the building into a museum about the fur trade and Cree-Hudson's Bay exchanges, plus an Indigenous cultural center, retail, mixed-use space, and a hotel.
- Henry Gull, who leads the James Bay Eeyou Corporation, emphasized that this project is far more significant than a simple business transaction; it reflects more than three and a half centuries of the Cree people's longstanding connection with the Hudson's Bay Company.
- If approved by 2029, the redevelopment aims to preserve the site's heritage, generate long-term revenue for Cree communities, and serve as a cultural hub fostering reconciliation and awareness.
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The imposing historic Hudson's Bay building located on Sainte-Catherine Street in the heart of Montreal could be reinvented into a vast cultural and museum complex worth $400 million. Also read: Bankrupt Hudson's Bay will have a second life thanks to a 100% Canadian company This is what the James Bay Eeyou Corporation of James Bay and JHD Immobilier proposed in a press release this Thursday, September 18, which they hope to acquire very soon. Th…
Cree corporation joins $400M bid to redevelop former Hudson's Bay building in Montreal
The James Bay Eeyou Corporation, a Cree nonprofit, has partnered with JHD Real Estate to bid on the former Hudson’s Bay Company building in downtown Montreal, with plans to redevelop it as a cultural and heritage hub.
Former The Bay building in downtown Montreal could be turned into museum and Indigenous cultural centre
There are potential plans for the iconic The Bay building in downtown Montreal that was left vacant after the retailer closed all its locations over the summer. There are bids to turn it into a museum and Indigenous cultural centre. On Thursday, James Bay Eeyou Corporation and JHD Immobilier, made public plans to make an offer to […]
Developers propose $400-million project to transform Montreal’s downtown Bay store
MONTRÉAL - The corporation representing the Cree Nation is one of two developers that are ready to invest $400 million to turn the former Hudson's Bay store in downtown Montreal into a cultural hub and museum.
Two promoters include an Aboriginal cultural centre, shops and a hotel complex.
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