16.08.2023 Views

Beyonders - 18 Unit Project-Edmundston NB Canada

The lack of housing is a major issue in Edmundston. According to projections, more than a thousand homes will be missing by 2025 and more than two thousand within 20 years. Most of the housing needed is one-bedroom units, and there is currently a shortage of over 600 people looking for affordable housing in the area. This precarious situation is a source of concern for citizens and local authorities, who are looking for solutions to overcome this problem. In this context, our project to build apartment blocks is intended as a concrete and effective response to help fill the housing deficit in the city of Edmundston. https://youtu.be/x0mLhDwDAAk https://youtu.be/pFwkKjjCEBA

The lack of housing is a major issue in Edmundston. According to projections, more than a thousand homes will be missing by 2025 and more than two thousand within 20 years. Most of the housing needed is one-bedroom units, and there is currently a shortage of over 600 people looking for affordable housing in the area. This precarious situation is a source of concern for citizens and local authorities, who are looking for solutions to overcome this problem. In this context, our project to build apartment blocks is intended as a concrete and effective response to help fill the housing deficit in the city of Edmundston.
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For the electronic<br />

version of this<br />

presentation<br />

(with video)<br />

SAJ Development<br />

<strong>Project</strong><br />

units <strong>18</strong><br />

392 Victoria St <strong>Edmundston</strong>, <strong>NB</strong> E3V 2K5 <strong>Canada</strong><br />

https://www.beautiful.ai/player/-NUhamxXx_DsDZv8s2W6


INtroduction<br />

The lack of housing is a major issue in <strong>Edmundston</strong>.<br />

According to projections, more than a thousand<br />

homes will be missing by 2025 and more than two<br />

thousand within 20 years. Most of the housing needed<br />

is one-bedroom units, and there is currently a<br />

shortage of over 600 people looking for affordable<br />

housing in the area. This precarious situation is a<br />

source of concern for citizens and local authorities,<br />

who are looking for solutions to overcome this<br />

problem. In this context, our project to build<br />

apartment blocks is intended as a concrete and<br />

effective response to help fill the housing deficit in the<br />

city of <strong>Edmundston</strong>.


The Site<br />

The location of a building is a crucial factor to consider when<br />

constructing an apartment block. In this case, the 392 Victoria Street<br />

address is a strategic location for several reasons. First of all, this<br />

street is in the immediate vicinity of grocery stores, which facilitates<br />

access to food and basic necessities for tenants. In addition, this<br />

address is also close to schools, which is convenient for families with<br />

children. Finally, downtown <strong>Edmundston</strong> is also accessible on foot or<br />

by car from this address, which offers tenants easy access to<br />

businesses and services in the city. In sum, the Victoria Street location<br />

is ideal for building an apartment block, as it provides tenants with<br />

easy access to all of the city's amenities.


<strong>Project</strong> specs - Land<br />

Purchased in May 2023<br />

Land Size : 35,585 square feet (3,306 square<br />

meters)<br />

PID #: 35366277<br />

Address: 392 Victoria St, <strong>Edmundston</strong>, <strong>NB</strong><br />

E3V 2K5, <strong>Canada</strong><br />

Located at the corner of Victoria St, Lang Ave &<br />

Centenaire St<br />

Victoria street is the busiest street in <strong>Edmundston</strong>


<strong>Project</strong> specs - Building<br />

Number of residential units: <strong>18</strong><br />

12 units 3-1/2 (1 bedroom)<br />

6 units 5-1/2 (3 bedrooms)<br />

Exterior cladding: the 4 faces will be in Kingspan<br />

Optimo panels or equivalent<br />

100% of the surface will be land will be landscaped<br />

Three story building


3-1/2


1 Bedroom Apartment


5-1/2


3 Bedroom Apartment


floor plan<br />

one<br />

The three floors are identical


eyonder's vertical integration<br />

Beyond Sustainable Corporation is committed to delivering exceptional results by leveraging our unique vertical integration strategy. We work in synergy with our<br />

subsidiary companies to ensure seamless project execution and end-to-end control. Our vertically integrated approach offers the following advantages for our<br />

investors:<br />

Efficient <strong>Project</strong> Completion: Collaborating closely with our sister companies specializing in indoor air quality, furniture and bedroom accessories, construction,<br />

and IoT technology implementation, streamlines the construction process, enabling us to complete projects more rapidly.<br />

Enhanced Quality Control: By overseeing every aspect of the project lifecycle, we maintain strict control over quality and consistency, ensuring that our<br />

developments meet the highest industry standards.<br />

Cost Optimization: Vertical integration allows us to minimize overhead costs and maximize resource allocation, ultimately leading to better financial performance<br />

and higher returns on investment.<br />

Innovative Solutions: Our comprehensive expertise in diverse fields empowers us to integrate cutting-edge solutions into our apartment buildings, creating futureproof<br />

properties that cater to modern living expectations.<br />

<br />

Investing in Beyond Sustainable Corporation means investing in a forward-thinking organization that is dedicated to optimizing project outcomes and maximizing<br />

investor value through strategic vertical integration.


<strong>Project</strong> timeline<br />

September 2023<br />

Funding for completed<br />

project<br />

August 2023<br />

Plan Finalized<br />

November 2024<br />

First tenant develops the<br />

apartments<br />

April 2024<br />

Excavation and<br />

foundation work<br />

May 2023<br />

Purchased land<br />

July 2024<br />

Modules arrive and are<br />

mounted in place


project team<br />

Architect<br />

Contractor<br />

Engineering<br />

Developper<br />

Hai Nguyen Vinh<br />

Groupe Regenord<br />

Metaligna<br />

Beyond Sustainable Corporation


Funding sources<br />

Grant<br />

The province and federal agencies will be<br />

called upon to participate, since the project<br />

involves more than 50% affordable housing.<br />

Private Investors<br />

Discussions with private investors to finance<br />

a large part of the project.<br />

Loan<br />

<strong>Canada</strong> Mortgage and Housing Corporation<br />

(CMHC) will provide long-term financing to<br />

allow this project to remain viable.<br />

These few sources are only a small snapshot of the funds<br />

available to support residential building initiatives.


Benefits for the<br />

city and residents<br />

Our apartment block project offers many advantages for the city of<br />

<strong>Edmundston</strong> and its residents. Firstly, by offering affordable housing, we are<br />

helping to meet the growing demand for moderately priced housing, thus<br />

offering a sustainable solution for people on modest incomes. In addition,<br />

the social mix favoured by the combination of 1 and 3 bedroom units will<br />

create a balanced and diversified living environment for residents. In<br />

addressing the environmental impact, our unwavering commitment to<br />

pioneering advancements in sustainable materials, indoor air quality, and<br />

surpassing conventional building performance, coupled with energyefficient<br />

construction techniques, will not only substantially reduce the<br />

project's ecological footprint but also establish an unprecedented milestone<br />

in the sphere of sustainability, consequently raising the bar for prevailing<br />

standards. Finally, our project will help improve <strong>Edmundston</strong>'s<br />

attractiveness by offering new quality housing options for citizens and<br />

newcomers, thus contributing to the harmonious development of the city.


Future Plans<br />

The building is part of a broader vision of urban<br />

development for the <strong>Beyonders</strong> team. It is part of a series of<br />

projects planned to meet growing housing needs and<br />

improve the quality of life of citizens. By working closely<br />

with local authorities and other stakeholders, we work to<br />

create a harmonious and sustainable urban environment<br />

that values social diversity, inclusion and community<br />

cohesion. Our project also serves as a catalyst to encourage<br />

other similar developments in the city, showing the<br />

effectiveness and positive impact of affordable and quality<br />

housing on the well-being of residents and the prosperity of<br />

the city. Ultimately, we hope that our initiative will inspire<br />

other real estate projects and contribute to the gradual<br />

transformation of cities into a dynamic, inclusive and<br />

welcoming place for all.


<strong>Beyonders</strong> Team<br />

Alain Belanger, CEO<br />

alainb@beyonders.ca<br />

506-284-0005<br />

Scott Philippe, COO<br />

scottp@beyonders.ca<br />

506-740-<strong>18</strong>88<br />

Jeff Raymond, Foreman<br />

jeffr@beyonders.ca<br />

506-223-0016


"The construction of apartment<br />

buildings can have a profound<br />

and positive impact on the<br />

surrounding community."


interesting videos<br />

Our Vision Exterior 392 Victoria Interior 392 Victoria<br />

https://youtu.be/ixcUZze08oA https://youtu.be/x0mLhDwDAAk https://youtu.be/pFwkKjjCEBA

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