A Montreal-based consortium of Sid Lee Architecture, Rosefellow, and the Tsatas Group are offering several floors in a planned downtown tower for Nato’s Defence, Security and Resilience Bank, a proposal that it hopes will give Montreal the edge over other cities in the running for the project, including Vancouver, Ottawa, and Toronto.
While Canada has been selected to host the multinational bank, which provides long-term, low-cost financing for defence projects of NATO members and its allies, the exact location has yet to be determined, though the Ontario government claims to have already secured a location for the bank’s headquarters in Toronto. Martin Leblanc, co-founder at Sid Lee Architecture, said the tower project had already been finalized, but what was supposed to be a hotel could have several floors repurposed to accommodate the bank. The project is estimated to cost $200 million, with construction to be completed in 36 months.
