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Place Ville Marie is central to the ethos of Montreal. In addition to being the only cruciform building in the core of the city, Place Ville Marie stands out even more at night because of the rotating spotlight beacon on its roof, creating the signature nighttime character of the city. Its four spotlights are visible at more than 50 kilometres. The building's penthouse contains the Restaurant Club Lounge Altitude 737 restaurant and nightclub (named for its elevation in feet from sea level) and opens onto a rooftop terrace. The club is one of the most famous in the city, and also houses one of the most unusual dance floors, which instead of taking the form of a regular rectangular floor, twists and turns around and spans two floors.
During the holiday season, a large artificial Christmas tree is installed in the central court. The plaza has a large fountain with programmed water jets and a big abstract sculpture at its center: "Feminine Landscape" by Gerald Gladstone.
The complex is currently owned by the Ivanhoe Cambridge, a division of the Caisse de dépôt et placement du Québec (CDP Capital), who bought the building in March 2000 for CA$450 million .
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