the CNR, Railways, with the exception of the venerable St. James Club at the corner of Dorchester and University. Developer William Zeckendorf offered the club the top floor of the Place Ville Marie tower in exchange for their property, but was turned down. History Place Ville Marie was one of the first built projects of Henry N. Cobb, a founding partner of Pei Cobb Freed & Partners. His design was controversial from the start, given its proximity to many Montreal landmarks and the vast changes it would bring to the downtown core. According to design historian Mark Pimlott, "The most radical aspect of the Place Ville Marie project was that nearly one-half of its 280,000 square metres area were beneath street level... deriving the obvious benefit of being protected from Montréal’s extreme winter and summer climate." Its vast network and multi-purpose is juxtaposed with a continuous interior "with episodes of civic gravity and monumentality". At the time of construction, the main tower was known as the tallest skyscraper in the Commonwealth, and was the third tallest skyscraper on earth outside the United States. The equivalent of three floors was added late in the project to ensure that this building would not be topped by the neighboring Tour CIBC which was built at the same time. Conceived and built at a time when Montreal was the Metropolis of Canada, the structure's largest occupant and anchor tenant was the Head Office of the Royal Bank of Canada, the country's largest bank, which moved from its previous head office at 360 St Jacques in Old Montreal. The second new large corporate tenant was the Aluminum Company of Canada (ALCAN) who established in November 1962 occupying 6 floors of the building. The central plaza became an important new public space in downtown Montreal, hosting an historic election rally for Pierre Elliott Trudeau during the 1968 federal election. Developer William Zeckendorf founded Trizec Properties in order to build Place Ville Marie. He lost a bet to then Royal Bank President Earle McLaughlin, making payment in full (US$0.10) in an elaborate dime encased in acrylic. Exactly what the bet concerned is unknown. In 1975 Air Canada's headquarters were at 1 Place Ville Marie. Mayor Jean Drapeau chose the name himself. Ville-Marie was the name of the Catholic colony founded at what is now Montreal in 1642. Legacy On 12 March 1976 Canada Post issued 'Place Ville