Groupe Montoni, the Fonds immobilier de solidarité FTQ and Montez have teamed up to develop a $95-million green industrial building in the Greater Montreal Area.

Écoparc Châteauguay 30 is situated in Chateauguay, Que. The city is collaborating on the project, which is now under construction.

Montoni and its fellow Montreal-based partners have worked together previously. They are targeting LEED Gold certification for the approximately 450,000-square-foot building’s core and shell. Zero Carbon Building (ZCB) design certification will also be sought, based on reductions in embedded carbon of construction materials and the “elimination of onsite combustion,” according to a news release.

The project is among 4.5 million sf of developments on which Montoni is seeking ZCB certification.

“The Fonds immobilier is committed to the real estate market’s sustainability transition, and Écoparc Châteauguay 30 is perfectly in keeping with our approach to helping reduce greenhouse-gas emissions,:” said Fonds President Martin Raymond. “We are proud to be continuing our partnership with the teams at Montoni and Montez Corporation, building for the future.”

Montreal-based NEUF is designing the project, which is Montoni’s first in Chateauguay. The building will be divided into five industrial-purpose units. Located on Highway 30 about a 25-minute drive from Montreal, the project is being touted for its accessibility to Ontario and the U.S.

The building is slated to contain 200 rooftop solar panels that will help power the property and reduce its carbon footprint. Sustainability targets include a 50% reduction in energy costs, 60% fewer greenhouse-gas emissions compared to a traditional industrial building and 50% less water consumption.

The development will include 42 loading bays and is slated for completion in 2025.

Montreal-based Montoni develops, builds and manages industrial, commercial, institutional and residential real estate. The company has more than 700 construction projects to its credit and 25 msf under development in Quebec.

Fonds ranks among Canada’s largest institutional investors. Mont