Fonds de solidarité FTQ Commences Construction on 12-Story Mass Timber Rental Building in Terrebonne
Event summary
- Fonds de solidarité FTQ broke ground on a 12-story mass timber rental building in Terrebonne, Quebec, on April 22, 2026.
- The project will add 164 rental units and targets Zero Carbon Building – Design certification from the Canada Green Building Council.
- Construction uses prefabricated mass timber structure with Upbrella technology, a first for North America.
- First units expected to be delivered in spring 2028.
The big picture
This project aligns with Fonds de solidarité FTQ's goal to reach $12 billion in sustainable development assets by 2027. The initiative reflects broader industry trends toward low-carbon materials and prefabricated construction methods, addressing both housing shortages and climate challenges. With net assets totaling $23 billion as of November 30, 2025, the Fonds is positioning itself as a leader in sustainable real estate development.
What we're watching
- Scalability Model
- Whether Fonds de solidarité FTQ can replicate this mass timber construction model across other projects to reduce timelines and costs.
- Regulatory Alignment
- How Québec's wood construction innovation program will support similar sustainable building initiatives.
- Market Adoption
- The pace at which mass timber technology gains acceptance in North American high-rise residential construction.
Related topics