Located at 350 7th Avenue SW, it stands at 167 metres (548 ft) or 41 storeys tall. The skyscraper has a floor area of 48,275 m2 (519,630 sq ft) and was built in the international and late modernist architectural styles.
The Bank of Montreal occupies most of the ground floor with a large retail bank branch.
Original plans called for a two tower complex, with this tower being the first of the two tower project. The second tower would have had 64 storeys. A downturn in the local economy at that time forced plans for the second tower to be shelved. However, with the recent boom in Calgary,[when?] the vacancy rate in the downtown core has dropped to 0.5 per cent, the lowest in North America. This has created a highly rumoured resurrection of the second tower, as a land use amendment has been submitted to city council for approval.