Between 2018 and 2022 a remarkable revitalization synergy occurred at Phillips Square in Downtown Montreal. Within the broader context of the road reconstruction of Ste. Catherine Street West and the persisting malaise of the post-pandemic downtown economy, the City of
Downtown Montreal like many downtowns in Canada was struggling at the end of the Covid-19 pandemic . Therefore it was timely that Ivanhoé Cambridge unveiled at a cost of $5 million "The Ring" at the Esplanade Place Ville Marie (PVM)