Update on the Development Project with Axel

The Very Real Estate Effect Investing in Quebec

In this episode, I will give you an update on a big project that I've been working on. This journey has been filled with challenges and learnings, especially about the impact our work can have on the downtown core and the community at large.

From buying the land to navigating zoning changes and planning for construction, it's been a rollercoaster. The city's cooperation has been a game-changer, allowing us to add more floors and significantly increase the project's scope. This process has not only been about building but also about contributing to the city's revitalization and envisioning a future that brings people together.

Throughout this experience, I've learned the importance of looking beyond the immediate returns of real estate investments. It's about creating coherent, vibrant communities where people want to live, work, and connect. The city's long-term vision has inspired me to think about how each development project fits into a larger tapestry, making the area more sustainable and lively.

This episode is a reflection on the power of thoughtful urban planning and the role we play as investors and developers in shaping the future of our cities.

Join me as we delve into the complexities of this project and celebrate the potential for a positive impact on our community.

What you will learn if you listen to the episode:

- Overview of a big real estate project in Quebec

- Challenges and stages of development

- Why you should think about the impact of your real estate projects on the community

- Importance of city cooperation in project development

- Learning from zoning changes and construction planning

- The difference between real estate and urban development projects

- Role of community in project planning and execution

- Long-term vision for city development and community living

- Concept of return on impact versus return on investment in real estate

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Timestamps:

🚀 Deep dive into a significant real estate project (00:38)

💼 Challenges encountered during the project development (3:25)

🏗️ Decision-making process on project adjustments for greater impact (5:00)

🤝 City cooperation and its role in the project's development (08:00)

📈 Return on Investment VS Return on Impact (10:25)

🌍 Insight into urban planning and creating sustainable communities (11:50)

Connect with Axel Monsaingeon:

Linkedin - https://www.linkedin.com/in/axel-monsaingeon-42577b28/

Website - https://www.realestateeffect.ca/

Facebook - https://www.facebook.com/realestateeffect/

Instagram - https://www.instagram.com/veryrealestateeffect/

Youtube - https://www.youtube.com/channel/UCc8EYrmO1aVvVIgwT7AfNFw