Spire Development announced that it is new 95 unit energy friendly apartment, which is slated for Fall in Fraser Street, Vancouver in 2018.

Spire Landing is one of the largest multi-unit Passive House development of Canada. You can know more about Real Estate in Canada that What, When, Where and How to Buy Real Estate in Canada.

Lawrence Green, co-founder of Spire Development said that Passive House technology came by exploring construction of some old European castles that have thick stone walls. During summer, interior is too cool as compared to the temperature outside.

While during winter, interior is warm, as heat is being retained by thick exterior walls.

Despite the cost of construction of Passive House which is being more expensive than using the traditional methods, “final product is too superior to in the terms of quality of air, carbon footprint and noise reduction. A Little Book of Real Estate Investing in Canada is also available to know more about Real Estate Market in Canada.

With City’s support, they now that they have perfect opportunity to revolutionize rental experience for residents of Vancouver, especially given for crunch of their current housing,” added Pete Rackow, co-founder.