The next phase in plans for a new building in the business district

The Quebec government has authorized HEC Montréal to develop a business plan for its proposed new building in downtown Montréal.

Monday October 17, 2016

HEC Montréal is delighted that the Quebec Cabinet has endorsed its proposal for a new building in downtown Montréal. The School can now begin preparing its business plan.

“This is a great day for HEC Montréal and for Quebec’s economic development!”, says HEC Montréal Director Michel Patry. “The School is delighted that Ministers David and Coiteux are joining us today to announce that HEC Montréal has received authorization to start preparing its business plan for the construction of a building in Montréal’s downtown business district. Our School is now embarking on a new phase aimed at keeping education and innovation at the top of our priorities.”

The new building is to be erected in the heart of the business district, on part of a property adjacent to the St. Patrick Basilica, between côte du Beaver Hall and rue Saint-Alexandre.

The location will allow the School to further strengthen its relations with its partners and alumni, the business community and the 300,000 professionals and executives who work downtown. Offering training in French in downtown Montréal will meet their needs in terms of new management knowledge and skills.

HEC Montréal’s downtown presence will also benefit research. The School plans to step up its knowledge transfer activities to benefit companies and organizations, in addition to promoting co-creation between companies and the university community.

HEC Montréal was located in the business district when it first opened, in 1907. Establishing a presence there now, after an absence of over 40 years, marks a crucial step in the pursuit of its growth.

“Since it was founded over a century ago, the School has been a source of pride for Quebec and Quebecers,” says Hélène Desmarais, Chair of the Board of Directors of HEC Montréal. “With each generation, it has adapted to the evolving needs of our society. It has always stood out thanks to its commitment and determination to train exceptional future business leaders. That was true on the day it opened. And it is true today, more than ever.” 

The new building will make it possible to address the shortage of space – nearly 18,110 square metres – recognized by the Ministère de l’Éducation et de l’Enseignement supérieur du Québec (MEES).

The business plan should be ready within 12 to 18 months and will also have to be approved by Cabinet before the School can break ground for the new downtown building. During this time, the School intends to  initiate a dialogue with neighbours around the site to ensure that the project is well integrated in the community. A website and communications tools are also planned.

About HEC Montréal

HEC Montréal is an internationally renowned business school, with over 13,000 students. Every year it trains 8,000 executives and managers.  The School holds many prestigious accreditations, and offers some 60 programs of study from the bachelor’s to doctoral levels. It is one of the most active business schools in Canada in terms of research, thanks to some thirty research units, including 27 chairs (6 of them Canada Research Chairs). With a faculty of 274, HEC Montréal offers programs in several languages and attracts students from 143 countries. Since its founding in 1907, the School has trained more than 82,000 students in all fields of management.

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Source:

Julie Lajoye
Media Relations Advisor
HEC Montréal
Telephone: 514 340-7320
E-mail: julie.lajoye@hec.ca