developers for modo.
Incorporating carsharing into your next development can increase your residents’ quality of life and enhance your ROI.
For every carsharing vehicle and associated parking stall you provide, you can forgo five parking spots as part of the City of Vancouver’s Green Building Strategy and new Parking By-law. Relaxations on parking requirements can be achieved by incorporating carsharing (Sec 3.2.2B). Similar rules are in place in many other municipalities in Metro Vancouver.
LEED, the universally recognized green building standard, rewards developers who provide carsharing. It awards points on its rating system and relaxes the type of vehicle required to meet low emissions standards. Carsharing may be the best way to achieve that next level of certification!
Read on for more details or download this sheet (PDF).
At Modo, we've been helping Metro Vancouver build a more sustainable region for almost 15 years. We have over a decade of experience working with municipalities, developers, architectural firms and property management companies to make multi-housing dwellings, commercial and mixed-use buildings greener, attracting buyers and benefiting the community.
- Book a car online for a few hours or a few days
- Pick up the car at its permanent parking spot
- Run errands, visit friends or see clients
- Return the car to the same spot
- Get billed once a month, only being charged a small admin fee and for the hours and kilometers (we pay for gas, insurance, and maintenance)
The developer usually purchases the cars to be shared while Modo maintains, insures, and absorbs the liabilities associated with the cars, and administers the carsharing service. Developers may realize huge cost savings associated with relaxed parking requirements.
Residential buyers have an opportunity to meet their vehicle transportation needs in an inexpensive way. By virtually eliminating vehicle ownership costs, financing a new home will be all the more attractive to potential buyers.
branding + reputation.
Modo is recognized as a viable, sustainable transportation solution and the carsharing organization of choice by developers such as Bosa Properties, Adera, and Wall Financial. 1 - 3 LEED points are awarded to developments that incorporate carsharing. Offering Modo carsharing is an excellent selling feature that adds value to your suites.
parking relaxations + cost savings.
Why build too many parking spots that may not necessarily add value to the buyer? In some municipalities, providing carsharing on-site can reduce minimum parking requirements and save hundreds of thousands of dollars for the developer.
Many municipal planning departments are enthused by the opportunities that carsharing presents. Carsharing has already been used to resolve unique design issues.
safety + the environment.
Fewer cars lead to safer roads and significant reductions in greenhouse gas emissions. Each Modo vehicle replaces up to 30 individually owned vehicles, freeing up valuable space for community gardens and public gathering places.
Modo is the established carsharing leader in Metro Vancouver. We’ve been working with municipalities for over 10 years, shaping green building by-laws. Because of our experience and vested interest in the local economy, developers can trust that we know what we’re talking about when it comes to carsharing.
We are a Vancouver-based, not-for-profit and member-owned carshare. We're accredited with the Better Business Bureau and are consistently rated A+. Modo has 250 cars all over Metro Vancouver, so with us, your buyers have the most access to shared vehicles of any carshare and the most variety of vehicles. Also, you get more bang for your buck as with our purchasing power we get great deals for new cars.
1. Get in touch with us. Tell us a bit about your project: the location, the number of units, access to sustainable transportation and other amenities, and time frame. If your development is suitable for carsharing, we will provide a letter of support for your development permit.
2. Buy vehicles. Together we’ll work out the number of vehicles. We will provide a template agreement, source the vehicles, and provide signage, etc.
3. Promote. Our marketing teams will work together to come up with possible sale incentives for your prospective buyers and the right promotions for your development.
We welcome your calls, emails, or requests for a meeting to explore our opportunities to work together. Interested parties should contact Phil Baudin, Modo’s Finance Director, at 604.685.1393 or email phil(at)modo.coop.