Budget: $1.2 billion CAD
Important: Construction has begun and parts of the project are already completed, however, the full project will take a decade to complete
Developer: Windmill Development Group and Dream Unlimited Corp.
About: “Pronounced ZEEbee and meaning river in Algonquin, the $1.2-billion, über-green redevelopment by Windmill Development Group and Dream Unlimited Corp. blends residential, commercial and retail with extensive public space including parks, plazas and trails.”
Nov 6: “The first phase of Zibi, called “O,” opened this past spring on the Quebec side. Over half its 66 condos have sold, and a second phase of 75 units will launch next spring. In all, some 1,200 condos will be built at Zibi over the next dozen years or so.”
Nordic companies are already involved in the project
“Those who like the project are enamoured with not just its esthetics but its sustainability. The buildings are being constructed to LEED platinum standards, the highest level under the Leadership in Energy and Environmental Design program, an industry-recognized rating system for green buildings. Heating, for example, will use a warm water loop system to capture heat being generated but not used in the area and direct it to buildings. Similar technology will cool units.”
Sources:
- Nov 6, 2015: http://ottawacitizen.com/life/homes/condos/zibi-condo-project-on-former-domtar-lands-launches-on-ottawa-side
