Sale of the former Montreal Children's Hospital
Today, 1 December 2016, marks the official closing date of the sale process of the former Montreal Children's Hospital (MCH), located at 2300 Tupper Street. The company 9333-8580 Québec Inc. was selected in November 2015 as the candidate to purchase following the formal public tender process.
The government commissioned the MUHC and the Société québécoise des infrastructures (SQI) to sell the MCH and the Montreal Chest Institute (MCI) on the market. After a rigorous tendering and analysis process, and with the support of an independent real estate agent, agreements were entered into for the sale of certain buildings. The steering committee was instructed to take a cautious approach, which involved accepting an unconditional offer rather than considering a speculative project with the building. This strategy resulted in an expeditious sale, which has minimized the costs of operating the legacy sites at the MUHC's expense and will contribute to the MUHC redevelopment projects.
This process was government-led and complied with all standards and procedures used to govern this procedure.