July 2, 2008

Canadian Low Rises Go Green

Construction began earlier this month on Canada’s largest green low-rise residential development.

Called Evergreen, the $100 million project is a joint development by Toronto-based Monarch Corporation and the Toronto Economic Development Corporation (TEDCO).

Evergreen offers homes in Toronto built to LEED-H standard, which stands for Leadership in Energy and Environment Design for Homes.

The project is intended to demonstrate how a green residential community can be economically viable, marketable and used as a model in the greening of the home building process.

First occupancies are set for later this year. The total combined development area equals nearly 24 acres and will eventually be a mix of 206 town homes and single-family homes. This is the first time that TEDCO, the City of Toronto’s urban development corporation has partnered with a residential builder. TEDCO and Monarch Corporation will work with the City of Toronto to test the new techniques through this project and report back to the City on the Toronto Green Development Standard.

Print | Email | Comment