Net-Zero Industrial Innovation Signals Future for ESG-Aligned Development
- ClearView Insider
- May 30
- 1 min read
Updated: Jul 25
Montreal is now home to what will become North America's largest net-zero industrial campus—the seven-million-square-foot 40NetZero project. Built on a remediated Dow Chemical site, the development features solar-powered infrastructure, rainwater management landscaping, and renewable hydroelectric heating. McKesson Canada has already signed on as a major tenant, leasing 400,000 square feet. Despite higher initial costs, operating expenses are projected to be 36% lower than conventional buildings.
For Calgary CRE stakeholders, this ambitious development offers a glimpse into what sustainable industrial design could look like locally. With increased corporate demand for ESG-aligned facilities and rising climate risk, projects like 40NetZero may inform future builds in Alberta’s logistics corridors. As Calgary continues to expand its industrial footprint, early adoption of net-zero design could attract national tenants and long-term value stability.
Reference: The Globe and Mail, “Montreal welcomes North America’s largest net-zero industrial park,” May 2025.
Connect with ClearView: Interested in how net-zero development trends could impact Calgary’s industrial real estate? Contact us at info@cvpartners.ca — we’re here to help you plan for the future of sustainable asset growth.
