In my last post, I took a step back and looked at the West Don Lands Park and the value it provided River City. In this one, I’m taking a step forward and looking at “green” initiatives offered at the development.
River City will be the first residential development going for a Gold LEED Certification in Toronto! LEED ranks building design, construction, and operational practices that provide high quality and high performance advantages to increase occupant health, comfort, productivity while reducing environmental impacts. The exact details of green initiatives at River City have not been officially released but according to their website, the 4 main goals are:
- Reduce as much as possible to what it take to build and then live in River City
- Create healthy living environments
- Reduce as much as possible what we actually throw back into the community
- Offset any remaining impacts so River City is carbon neutral overall
A few newspaper reports I’ve been reading even mentioned River City as having – a hybrid car and bike-share program as well as parking garages pre-wired for electric-car charging stations! Any buildings over 3 stories high will have green roofs to absorb rainwater, insulate and help mitigate the urban heat island effect. Buildings will be heated and cooled from a central energy plant, with water supplied through a system of underground piping. This eliminates the need for boilers, furnaces, hot water heaters, chillers and air-conditioning units.
There are other green advantages to building an environmentally friendly condo. Financially speaking, these green initiatives translate into: utility bill savings, less consumption and overall lower maintenance fees! The more I research this development, the better it gets! It’s such a rare opportunity to buy into something that offers so much. The first phase will be made up of two buildings connected via a three-storey industrial-looking glass bridge. Those suites include 1,000- to 1,600-sq.-ft. town homes, 400- to 900-sq.-ft lofts, and 515- to 1,600-sq.-ft. penthouses, all ranging from $179,900 to $769,900. I’ll be getting floor plans and price lists in the last week of November. From November 25th to 30th I’ll be meeting with clients interested in purchasing at River City. On December 2nd agreements of purchase and sale will be signed. I’m taking names as of today, so if you’d like to be part of River City, give me a call or send me an email… I’d love to help!