More than 60% of the units in the just-launched 1 Square Phillips residential high-rise in Montreal have already been purchased, developer Brivia Group reported.
The 61-storey building will boast of residential units priced under $400,000, but it will be a primarily high-end offering, with 24 penthouses and 3 super-penthouses among the development’s “signature elements.”
"We’ve designed 1 Square Phillips to blend perfectly with the urban fabric. Consisting of 3 large volumes of differing heights, it will be a sophisticated, harmonious fit with the city,” MSDL Architectes senior partner and architect Anik Shooner explained.
“This tower emerges from an oasis created in the heart of the island; residents will enjoy tranquility and nature while they take advantage of all the activity downtown.”
The building is expected to become home to more than 1,100 new residents, in turn influencing commercial development in the vicinity.
“Montreal is unique in North America for the diversity of its downtown core, which is enjoyed by workers, students, and residents. To maintain this balance and ensure its continued vitality, it is crucial to attract new residents,” Destination Centre-Ville executive director Emile Roux stated. “A bold project such as 1 Square Phillips is an excellent example of this.”
“This project exceeds all of today’s expectations. We have never seen this much interest from Montrealers for living downtown,” Brivia Group founder and CEO Kheng Ly added.
“Future residents seek the best of what is available in different real estate markets. This is what Brivia Group is offering at 1 Square Phillips. And we’re not stopping there.”