National Bank has opened its massive new head office in downtown Montreal.

National Bank Place is the largest commercial real estate project in the city in the past 30 years, the company said in a news release. Construction on the 40-storey tower began in 2019.

“As we continue to grow across Canada, the inauguration of National Bank Place is another key milestone in our history,” said Laurent Ferreira, the bank’s president and CEO. “Our new head office is designed to reflect the organization we’re building: Modern, strong, innovative, inclusive and resolutely focused on the future. It will also serve as our legacy for current and future generations and as a symbol of our commitment to Montreal and the community.”

The project was built in accordance with the the highest sustainable construction and integrative design standards to help ensure the health and wellbeing of its occupants. said National. The Bank is aiming for LEED v4 Gold and WELL v2 Silver certification for these new spaces.

Several local partners and service providers collaborated on the project, including Menkès Shooner Dagenais LeTourneux Architectes, Ædifica, WSP, BPA, Pageau Morel et associés, Marchand Houle et associés, CCxA Architectes paysagistes, DECASULT, Broccolini and Pomerleau.

“National Bank Place is much more than a real estate investment,” said Marie Chantal Gingras, the bank’s CFO and executive vice-president of finance, who co-ordinates itsreal estate business strategy.

“It’s a people-centric, unifying and sustainable work environment where design and technology foster health and wellbeing. Most of our Montreal teams are now based here, strengthening their collaboration as well as our contribution to the economy and the vitality of downtown Montreal.”

Approximately 11,000 employees will be based at the central location, said the bank.