MONTREAL, Sept. 19, 2024 /CNW/ - Today, National Bank marks
a milestone in its history as it officially inaugurates its new
head office on the iconic Saint-Jacques Street in Montreal's business district. Construction of
National Bank Place, which is the largest commercial real estate
project in Montreal in 30 years,
began in February 2019.
This building results from a vision that brings together more
than 11,000 employees in a unique environment that promotes
knowledge and collaboration and features modern, bright,
technology-driven spaces. Standing at 40 storeys high, National
Bank Place ranks among the city's tallest buildings and was built
with sustainable development in mind. As the Bank celebrates its
165th anniversary, it continues to play an active role in boosting
the economic vitality of downtown Montreal. Its new head office is sure to
become a lasting feature of the neighbourhood and the business
community.
Highlights
- National Bank Place is located at 800 Saint-Jacques in the
heart of Montreal's business
district and is connected to the Underground City (RÉSO).
- The tower was built according to the highest standards in terms
of sustainable construction and integrative design to help ensure
the health and wellbeing of its occupants. The Bank is aiming for
LEED v4 Gold and WELL v2 Silver certification for these new
spaces.
- A 40,000-square-foot urban park next to the new building is
accessible to employees and to the general public. This green space
helps add vibrancy to the neighbourhood. The park is named for the
late Michel Bélanger, the first President of National Bank as it
exists today.
- The building features collaborative workspaces and various
facilities, including a gym, a two-storey cafeteria with terrace,
400 bike parking spots, 80 charging stations for electric vehicles,
an outdoor garden on the 40th floor and a daycare centre with space
for more than 180 children aged 3 months to 5 years.
- Construction of the Bank's new head office was carried out in
collaboration with various local partners and service providers,
including Montreal-based firms
Menkès Shooner Dagenais LeTourneux Architectes, Ædifica, WSP, BPA,
Pageau Morel et associés, Marchand
Houle et associés, CCxA Architectes paysagistes, DECASULT,
Broccolini and Pomerleau.
Quotes
"As we continue to grow across Canada, the inauguration of National Bank
Place is another key milestone in our history," said Laurent Ferreira, President and Chief Executive
Officer of National Bank. "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. I would like to
sincerely thank our employees, our partners and the entrepreneurs
who played a key role in making this major project a success."
"National Bank Place is much more than a real estate
investment," said Marie Chantal
Gingras, Chief Financial Officer, Executive Vice-President –
Finance, who is responsible for the real 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."
Caution Regarding Forward-Looking Statements
Certain statements in this press release are forward-looking
statements. These statements are based on a number of assumptions
and are subject to risk factors, inherent risks and uncertainties,
many of which are beyond National Bank's control and the impacts of
which are difficult to predict. Except as required by law, National
Bank does not undertake to update any forward-looking statements,
whether written or oral, that may be made from time to time, by it
or on its behalf. The forward-looking information contained in this
press release is presented for the purpose of interpreting the
information contained herein and may not be appropriate for other
purposes.
About National Bank of Canada
With $454 billion in assets as
at July 31, 2024, National
Bank of Canada is one
of Canada's six systemically
important banks. It has approximately 30,000 employees in
knowledge-intensive positions and operates through three business
segments in Canada: Personal and
Commercial Banking, Wealth Management and Financial Markets. A
fourth segment, U.S. Specialty Finance and International,
complements the growth of its domestic operations. Its securities
are listed on the Toronto Stock Exchange (TSX: NA). Follow the
Bank's activities at nbc.ca or via social
media.
SOURCE National Bank of Canada
