Cloriacité, Quo Vadis Capital and Fonds immobilier de solidarité FTQ Break Ground on CLORIA Lévis

New Rental Project in Lévis' Desjardins Borough

A $100 million project aiming for Zero Carbon Building certification

Lévis, June 20, 2024– Cloriacité partners Quo Vadis Capital and the Fonds immobilier de solidarité FTQ held a groundbreaking ceremony today for CLORIA Lévis, a residential rental project in the Desjardins borough of Lévis.

Designed to the highest sustainability standards, the 2-phase, 306-unit project will be built under the Danū signature (named after the historical goddess of nature, water and wisdom that is mother earth), Cloriacité's brand dedicated to the creation of regenerative, sustainable and measurable real estate initiatives.

The event marks the celebration of a new type of development by planting a first tree, representing the partners' commitments to nature and well-being. Therefore, rather than proceeding in the usual way when inaugurating new construction projects, the partners have chosen to demonstrate their commitment to climate action by planting this first tree in a biodiverse public space: an urban oasis created for the neighbourhood's residents by biologist and landscape architect Albert Mondor.

On hand for the occasion were Bernard Drainville, Lévis MNA and Minister of Education, Ann Jeffrey, councillor of the Desjardins borough and member of the urban planning advisory committee; Maxime Camerlain, co-president of Cloriacité and founder of Cloria; Natalie Voland and Chloé Soucy, respectively president and vice-president of Quo Vadis Capital; and Jacqueline Saucier, Vice-President, Real Estate Investments, Fonds immobilier de solidarité FTQ.

"We are very proud of this project, which is in keeping with our approach to develop living environments that meet the needs of all generations while promoting innovative and sustainable construction. CLORIACITÉ Lévis will offer different-size apartments featuring the latest innovations in smart construction as well as green space for tenants and neighbourhood residents."- Maxime Camerlain, Co-president, Cloriacité, and Cloria founder.

"The Fonds immobilier is proud to partner with two developers who have joined forces to create living environments that respond to people's needs and that are inspired by the best practices in sustainable development. The Fonds immobilier is committed to the sustainable transformation of the real estate market and in the context of the housing shortage, our priority is to increase the availability of different types of housing. With its Zero Carbon Building certification and the addition of 166 rental units on the market by fall 2025, the Cloria Lévis project is in line with our approach." - Jacqueline Saucier, Vice-President, Real Estate Investments, Fonds immobilier de solidarité FTQ

The added value of the Danū signature

CLORIA Lévis is part of CLORIACITÉ Développement's and QUO VADIS CAPITAL's real estate projects, which aim to offer an exceptional residential experience by placing nature and the environment in the spotlight. The Danū signature means construction of carbon-neutral communities, focusing on energy, waste and water management using nature-based solutions, in addition to promoting the protection of urban biodiversity to build communities connected with the environment.

Danū will measure key performance metrics in its sustainable strategies and focus on resilience planning with an integrated approach to collaborative design. It will test, measure, implement and improve its innovations with a view to continuous learning and improvement in order to protect nature and serve the communities for which it builds.

"The time for talk is over. We need to change the way we build and focus on health, well-being and the management of nature as a resource. We are proud to collaborate with valued partners to build future-ready and climate-justice compliant projects, where accessible housing goes hand-in-hand with sustainable development. - Natalie Voland, President of Quo Vadis Capital." - Natalie Voland, President, Quo Vadis Capital

Cloria Lévis will be built with sustainability in mind:

• Integrated approach to design, construction, management and renovation with global best practices in collaboration with Concordia University's Next-Generation Cities Institute;
• Net zero operational carbon, ZCB certification (Canada Green Building Council);
• Energy management design to reduce energy consumption through the use of a hybrid system with efficient heat pumps and aerothermal and geothermal systems;
• Triple-glazed thermal windows with airtight installation;
• Balcony thermal bridge mitigation strategies to reduce heat loss;
• Management of construction and business waste, including composting (pilot program with the municipality);
• Creation of a publicly accessible biodiversity park in the heart of the Desjardins community for health and well-being;
• Aligned with the United Nations Sustainable Development Goals and global best practices.

CLORIA Lévis offers the perfect balance between a peaceful home and a vibrant, connected community where respect for the environment is a priority.

• 306 apartments built in two phases, with phase 1 delivery slated for fall 2025
• Apartments ranging from studios to 5½ (531 ft ² to 1,510 ft²)
• Carbon neutral building aiming for Zero Carbon Building certification
• Innovative energy management with electricity and geothermal energy
• Many inclusions including: 5 appliances, Internet, cable television, heat pump
• Superior soundproofing and large windows
• Several common areas: gym, conference room, common area kitchen and dining room, lounge with fireplace
• Interior courtyard with beautiful urban vegetable gardens (designed by Albert Mondor)
• Public outdoor spaces accessible from Rue J.-B. Michaud
• Close to many services (pharmacy, restaurant, grocery store, bank, gas station and other)

The added value of CLORIA Lévis

• CLORIA boutique apartments offer multi-use spaces for gathering and entertainment.
• One of the perks of living in a CLORIA building is the strong community spirit among tenants, who, among other things, organize activities in the common areas.
• The CLORIA experience: Forget the hassles involved in renting and choose a CLORIA apartment. Enjoy roomy, all-inclusive units in a bustling neighbourhood with all the services you need.

Key partners

The CLORIA Lévis project is the product of a team of high-calibre professionals:

General contractor: CONCREA Electrical mechanical engineering: CBTEC

Architect: Architectes Roberge & L Educ Civil engineering: Axys

Design: Gauvreau Design and Taktik Design Structural engineering: Axys

Landscaping: Les Jardins d'Albert Energy: Akonovia

About Cloriacité

Founded in 2021, Cloriacité is the outcome of a strategic alliance between two remarkable companies: Cloria communautés connectées and Odacité Immobilier. Pooling the two companies' strengths, Cloriacité develops and manages unique and innovative mixed-use real estate projects all across Québec. With a portfolio of over 600 residential units and 100 commercial tenants (including national banners), Cloriacité harnesses the deep market knowledge of its 20-member team to deliver quality mixed-use projects.

About Quo Vadis Capital

Quo Vadis Capital Quo Vadis Capital is a pioneer in ESG real estate management with its innovative Pathways business model, developing carbon neutral projects that are accessible and have a real economic, social and environmental impact. Quo Vadis Capital is recognized for building prosperous and responsible business communities and preserving built heritage in full control of the ESG pillars. Its subsidiary Gi Quo Vadis also manages more than 1 million square feet in Quebec.

About the Fonds immobilier de solidarité FTQ

The Fonds immobilier de solidarité FTQ drives economic growth and employment in Québec by strategically investing in profitable and socially responsible real estate projects in partnership with leading industry players. The Fonds immobilier supports projects across Québec in the residential, office, commercial, institutional and industrial sectors, in particular those that consider ESG (environmental, social, governance) factors with a view to developing sustainable properties. As at December 31, 2023, the Fonds immobilier had 44 projects with a combined value of $5.7 billion in development or construction, 80 portfolio properties under management,  million square feet of industrial land for development and a cumulative total of $344 million invested in social and community projects. The Fonds immobilier is a member of the Canada Green Building Council — Québec division.

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