Sustainable real estate
Montreal is known for its ecological initiatives and numerous sustainable real estate projects.
This aspect is attracting growing interest and attracting an environmentally conscious clientele. More and more people are looking for energy-efficient and environmentally friendly housing.
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More and more neighborhoods and initiatives demonstrate Montreal's commitment to sustainability and improving the quality of life of its residents.
Neighborhoods under development:
Mercier-East green district (Mercier–Hochelaga-Maisonneuve district)
Green district Parc-Extension (Villeray–Saint-Michel–Parc-Extension district)
Green district Côte-des-Neiges/Notre-Dame-de-Grâce South-East (Côte-des-Neiges–Notre-Dame-de-Grâce district)
Plateau-Est green district (Plateau–Mont-Royal district)
Upcoming neighborhoods:
Maisonneuve Green District (Mercier–Hochelaga-Maisonneuve).
Bois-Franc Green District (Saint-Laurent)
Toupin Green District (Saint-Laurent)
Green district of Old St-Laurent (Saint-Laurent)
Green alleys
Montreal's green alleys are spaces where local residents have come together to green and enliven alleys, creating spaces conducive to the environment, games and sharing.
These initiatives are often supported by eco-neighborhood programs and local partners.
A list of the most beautiful green alleys has been drawn up by a Montreal blogger, Gilles Beaudry, who traveled through the city's 443 green alleys to identify the most remarkable.
When it comes to green neighborhoods, some of the most notable ones include:
Saint-Laurent and Hochelaga-Maisonneuve, whose mayors are fervent defenders of green urban planning.
Mercier-Est in the Mercier–Hochelaga-Maisonneuve borough, which is being developed to become a green neighborhood.
These neighborhoods and initiatives demonstrate Montreal's commitment to sustainability and improving the quality of life of its residents.
Safer neighborhoods
Several redevelopments to come
The creation of a first sponge street, sidewalk widening to provide universal accessibility, the addition of overhangs that naturally retain rainwater as a traffic calming measure, and the planting of dozens of trees are just a few examples of the improvements being made. All redevelopments are being redesigned to meet the needs of neighborhood residents while significantly beautifying the area.
Atateken Street south of Rue de la Commune, Berthier Street and Park , Coupal Street, De Champlain Street, de Rouen Street, Parthenais Street , Saint-Christophe Street, Sainte-Rose Street , Versailles Street and Goulet Avenue have recently been redeveloped.
Ville-Marie is currently working on a multifunctional project in which Larivière Street will be transformed to combine optimal stormwater management, the safety of the most vulnerable, greening, and the recreational and cultural needs of the people of the south-central sector.
The Ville-Marie 2020-2030 Local Travel Plan (PLD) provides for the repair of our infrastructure and streets, and their redevelopment according to the guidelines of sustainable mobility and ecological transition.
Challenges
High initial costs: Constructing sustainable buildings may require larger initial investments due to the use of eco-friendly materials and advanced technologies.
Project complexity: Implementing sustainable practices can be complex and require close coordination between different players in the real estate sector.
Regulations and standards: Sustainable real estate projects often have to comply with strict regulations and environmental standards, which can complicate their implementation.
Awareness and education: It is essential to raise awareness among industry professionals and the general public about the benefits of sustainable real estate and to educate them on best practices.
Benefits
Environmental Preservation: Sustainable buildings use environmentally friendly materials, reduce greenhouse gas emissions, and promote the conservation of natural resources.
Energy efficiency: Sustainable buildings are designed to minimize energy and water consumption, resulting in substantial savings in the long term.
Occupant well-being: Sustainable buildings provide a healthy and pleasant living environment, with better indoor air quality and spaces that promote well-being.
Economic benefits: Investing in sustainable real estate can increase property values and attract investors. Well-designed buildings consume less energy, which reduces operating costs.