Montreal's tallest residential tower to be built downtown (RENDERINGS)

Downtown Montreal will soon be home to the tallest residential tower in the city.

Brivia Group has announced new details surrounding the eventual 61-storey building, which is planned to pop up at the Phillips Square district in downtown.

The project will unfold in three phases, according to the press release, which will include a 61-storey residential tower that will stand 220 metres above sea level.

The first phase represents an investment of about $400 million and the completed project is estimated to cost a smooth $1 billion.

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The site, currently used as a parking lot, is located between Place Phillips and Saint Alexandre Street, bordered by Ste. Catherine and Boulevard Rene-Levesque.

Once completed, the tower will include 789 living units.

Configuration of the units will range from studios, one and two bedrooms, penthouses, and super-penthouses with unit sizes running from 390 to 5,000 sq. ft.

Brag-worthy super-penthouses will be located on the 60th floor and will start at 4,000 sq. ft.

“Downtown Montreal is being transformed, with a focus on residential real estate development, and Brivia Group is pleased to be a part of this process. More than ever, Montrealers are keen to live in this district,” says Kheng Ly, founder, president and CEO of Brivia Group. “We are targeting local, business and foreign buyers. We believe we can offer them a product that meets their expectations and specific needs. It’s a unique project, and we’ll go all out to ensure it is our best achievement so far.”

Brivia Group plans to begin construction in 2020, with occupation of the first phase slated for 2024. As per the group, the condominium units will start at $295,900. For more information and registration applications, visit the Brivia Group website.

Brivia, 1 Square Phillips, Rendering 1 (CNW Group/Brivia Group)

Brivia, 1 Square Phillips, Rendering 2 (CNW Group/Brivia Group)