LSR GesDev and Sotramont have officially launched a residential and commercial development in Montreal’s Griffintown. Being called Arbora, project includes three eight-storey buildings with a total of 434 condo, townhouse and rental units. The main floors will be home to commercial spaces varying in size from 1,000 to 10,000 square feet, for a total of 35,000 square feet. With a total surface area of 597,560 square feet, Arbora will reportedly become the world’s largest residential project featuring a cross-laminated timber (CLT) solid wood structure. The overall investment has been assessed at $130 million. Rental units should be ready as of fall 2016 and the condos and townhouses will be complete in fall 2017.
“Arbora is an environmentally-friendly development with the building footprint taking up just 55 per cent of the ground surface,” said Annie Lemieux, president of LSR GesDev. “All aspects of the project revolve around sustainable concepts. We wanted to create a setting that is restorative yet close to the action, filled with wood and sleek spaces that allow you to reconnect.”
The land on which Arbora will be built was previously held by Grifdor Holdings, a real estate subsidiary owned by Aldo Bensadoun. Grifdor chose to partner with LSR GesDev and Sotramont to create a real estate project strategically located across from what will be Griffintown’s largest park and close to ÉTS.
Arbora has set itself apart by including more than 40 per cent green space and targeting LEED Platinum certification, becoming the first real estate project in Griffintown to aim for this designation. Arbora’s sustainable features include superior airtightness, water-saving plumbing fixtures, building acoustics designed to ASTC 55 standards and a high-performance air exchanger. In addition, to keep its environmental footprint to a minimum, Arbora is sourcing the wood from Nordic, a Chibougamau-based company that manages the boreal forest sustainably with the Cree Nation.