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Green Building
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.
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These projects have been selected from 342 projects with a total value of $2,911,425,288 that Reed Construction Data Building Reports reported on yesterday.
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| ALEX’S ECONOMICS BLOG |
Reed Construction Data Chief Economist Alex Carrick discusses current developments in the North American economic environment with emphasis on the construction industry.
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| PROJECT NEWS BRIEFS |
Updates on Canadian construction projects from Reed Construction Data’s research team. More
- Rounthwaite Dick & Hadley Architects begin work on arena plans for Flamborough, Ontario (Aug 17, 2009)
- Orillia Market Square aims for LEED Silver certification (Jun 25, 2009)
- Designs for new York Region District School Board building features energy efficiency (Jun 23, 2009)
- IPC Energy considers Milford location for future wind farm (May 22, 2009)
- Waterloo partnership seeks LEED Silver for West Side Family YMCA and District Library (May 22, 2009)
