The sale of the Cyclorama stumbles

La vente du Cyclorama achoppe

After several months of waiting, the Cyclorama of Jerusalem in Ste-Anne-de-Beaupré is back to square one. According to our information, the sellers have recently put an end to negotiations with the company Deschamps Holding company for the building, whose asking price is $ 5 million.

“Since Monday, there is more supply. The vendors have decided not to continue, ” confirmed to the Newspaper the real estate broker Martin Dostie, of the banner Sotheby’s International Realty Québec. It driver this folder.

Mr. Dostie has not, however, wanted to provide more information on the reasons for this reversal of the situation. The Cyclorama of Jerusalem, owned by the family Blouin, has been on the market since July of 2017.

The owners are always in search of a buyer for the building, which has more than 120 years of history, and his painting panoramic.

According to our information, the ministry of Culture, which is also implicated in this folder, had even given the green light to some conditions to this transaction in recent months.

Still interested

Contacted by The Newspaper, the president of Deschamps Holding, Michel J. Deschamps, has indicated that they have still interest in the site. The pandemic, however, has had an impact on his approach.

Since the signing of the contract in the fall, the business man concedes that he asked for “two or three” occasions additional delays.

“We’re always interested. For almost six years, working on a project in Quebec city. We have analyzed 21 sites. It speaks to something unique in the world, ” says Mr. Deschamps, preferring to keep quiet, for the moment, the broad lines of his vision.

“Our project, which is connected to the Cyclorama is also a project in cultural heritage. This would enhance the whole of Sainte-Anne-de-Beaupré, ” he continued.

The latter mentions that he will continue to analyze the case in the coming months. He did not rule out the possibility of making a new offer.

Renovations

Note that the Cyclorama of Jerusalem was to suffer soon important works valued at more or less 140 000 $, in particular to strengthen the roof structure.

The activities of the company’s Cyclorama of Jerusalem have ceased since October 2018, and the company is now without an income.

The necessary works were eligible for financial assistance from the government, which may cover up to 40% of the expenses.

Last year, some projects aimed to strengthen the building have been made by the family Blouin.

In August 2019, the Cyclorama of Jerusalem and his painting of 110 meters length and 14 meters in height had been classified as heritage property.

The owners must now comply with the provisions of the Law on cultural heritage and must take adequate measures to ensure the preservation of the establishment, had indicated in an e-mail, last January, the ministry of Culture and Communications.

Cyclorama of Jerusalem

  • The contract of sale had been signed in the fall
  • The asking price was $5 million
  • The only panorama that remain in Canada, and the only one in North America, always with the use of the rotunda of the original.
  • Launched in Montreal in 1889
  • Moved to Sainte-Anne-de-Beaupré in 1895
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