Ipso Facto Investissement Immobilier and the real estate developer Brivia Group, two major real estate players in the province, recently entered into a partnership for the development of phase 1 of the 1 Square Phillips residential project. This luxury project, located in the heart of downtown, provides for the construction of an imposing complex; phase 1 alone will include about 500 condominium units and 300 rental units spread over 61 floors, making 1 Square Phillips the tallest residential tower in Montréal. This large-scale project is evaluated at 560 million dollars for the first phase.
Gascon is proud to announce that its real estate development team, led by partners Jean Proulx and Audrey Robitaille, had the privilege of supporting the stakeholders in the implementation of this important partnership and to contribute to the transformation of downtown Montréal with the enhancement of residential real estate.
The construction of this project will be carried out concurrently with the rejuvenation of Square Phillips recently announced by the City of Montréal in order to make the area a key public place of the city.