Canadian government invests $70 million to construct a residential building in Gatineau

The government of Canada announced a $70 million investment to help construct a new residential building at Zibi block 10, located at 10, rue Jos-Montferrand, Gatineau.

Owned and developed by Dream Unlimited Corp.and Dream Impact Trust, the building is set to support a significant decrease in energy consumption and greenhouse gas emissions for the overall  34 acre Zibi master planned community project.

‘Zibi’ is the Algonquin Anishinabe word for ‘river’ and is a site of importance to the First Nations people of the area. According to a release by the Canadian government: “They are an integral part of the Zibi community and it has been a top priority to consult and engage with the Algonquin Anishinabe at every stage of the project’s development process.”

Rendering courtesy of zibi.ca.

The  15-storey development is receiving a $60 million low cost loan, through the Rental Construction Financing Initiative, which will provide Gatineau with 162 new units of rental housing.

The project is part of Zibi, close to public transportation and services for families, in the foothills of Parliament Hill straddling both Ottawa and Gatineau overlooking the Chaudière Falls,

Zibi also received a low cost loan of $10 million through the NHS Affordable Housing Innovation Fund, to help bring 200 affordable units with access to the region’s first zero-carbon District Energy System (ZCU) relying on post-industrial waste energy for heating, and the Ottawa River for cooling.

Ultimately, Zibi aims to provide zero carbon heating and cooling for all Zibi tenants and residents in the 34-acre Waterfront City. Zibi Block 10 will house the central District Thermal Plant of the District Energy System that will service the community’s energy needs.

The District Energy system, a partnership between Hydro Ottawa and Zibi, upon full build out will be the first post-industrial waste heat recovery system in a master-plan community in North America and first zero carbon emission District Energy Heating and Cooling system in the National Capital Region.

Zibi Block 10 is designed to achieve a minimum of 20 per cent decrease in energy intensity and 40.4 per cent decrease in greenhouse gas emissions relative to the requirements of the 2015 National Energy Code for Buildings.

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