Developers aim new homes at environmentally conscious consumers

Nissan Americas and City Ventures are leading the joint eco-friendly effort in the U.S., with 190 Southern California townhouses currently under construction with the car charger ports. It will be the largest residential electric vehicle pre-wiring project in the U.S.

Since many of the homes have solar panels, residents can even use solar power to charge their vehicles.

“They'll never have a gasoline or gas utility bill again resulting in a win-win for their pocketbooks and the environment,” said Herb Gardner, City Ventures' president of homebuilding.

It is part of a larger trend, with 15,000 U.S. public charging stations expected in the next few years through various public and private projects, according to the City Ventures press release.

Canada has already been installing the ports for years in some cities. A 2009 Vancouver bylaw required 20% of the parking spots in new multi-family developments in the city to have electric vehicle charging ports.

Adding the charging ports up front can save considerable cost compared to retrofitting them after construction of a building, according to advocates.

Toronto and Montreal this year have announced they would be building pay-per-use plug-in stations throughout various locations in the cities, but have yet to see any major residential building projects with the stations.

In the U.S., the Obama administration has set a goal of getting one million electric cars on the road by 2015.

Considering the use of electric cars in North America is still quite limited, few are expecting that adding ports to residential homes will add much to property demand yet. But if the ownership of the vehicles picks up, that might begin to change.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release


Do you invest in commercial properties?