Time Out Market is coming to Montréal
Time Out Market – A new hotspot for foodies and culture lovers is coming to Montréal: Time Out Market is set to open in late 2019 in the Centre Eaton de Montréal, on Sainte-Catherine Street in the heart of downtown Montréal.
Time Out Market Montréal will bring the best of the city together under one roof: its best restaurants, bars and cultural experiences, based on editorial curation. Visitors will get to taste food from the city’s top chefs and best restaurateurs, sip cocktails from leading mixologists, and experience culture with Montréal’s rising talents.
“We are delighted to announce our first management agreement for Time Out Market. It allows us to accelerate our global expansion, grow our brand and drive additional revenue. The fact that Ivanhoé Cambridge chose us as strategic partner and will make a significant investment to bring Time Out Market to Montréal is proof of the strength of the format and the brand,” Sta tedJulio Bruno, CEO of Time Out Group plc.
Time Out Market is part of Time Out Group, the global media and entertainment business. The Group has signed its first management agreement with global real estate leader Ivanhoé Cambridge to open Time Out Market in Montréal, the first in Canada.
Occupying 36,000 ft2 (more than 3,300 m2), Time Out Market Montréal will include a curated mix of 16 food offerings, two bars, a demo kitchen, a cooking academy, a retail shop and a cultural stage—all representing the very best Montréal has to offer.
With its location at the heart of the city on Sainte-Catherine Street, Time Out Market will be the centrepiece of a C$200M redevelopment project at Centre Eaton de Montréal, a landmark downtown destination with an annual footfall in excess of 30 million visitors. Centre Eaton de Montréal is owned and managed by Ivanhoé Cambridge, which is currently investing more than C$1B in revitalizing this part of downtown.
Time Out Market Montréal is following the wildly successful culinary phenomenon Time Out Market Lisbon, which opened in 2014 to offer the very best of Lisbon with 26 restaurants, six kiosks, eight bars and cafés, five shops as well as a cooking academy. With 3.6 million visitors in 2017, Time Out Market Lisbon is the country’s most popular attraction thanks to the high-quality fine dining and cultural experiences it makes available and accessible to all. In March 2018, it received an international award recognizing it as one of the most visionary concepts in the European food service sector.
Building on the success of the Company’s flagship market in Lisbon, Time Out Market is set to open in New York and Miami at the end of 2018, to be followed by Boston, Chicago and Montréal in 2019.
With a focus on supporting local businesses, a close connection with the city is at the heart of the Time Out Market philosophy. As with its existing location in Lisbon, it is expected that the Montréal site will bring significant employment and broader benefits to the area.