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Oct. 24 - The Toronto Economic Development Corporation (TEDCO) and Monarch Corporation announced today that they will develop the largest low-rise green residential community in Canada.
- called Evergreen
- environmentally friendly homes built to the new LEED-H
- Toronto's Midland and St. Clair area (Scarborough)
- combined development area will equal close to 24 acres
- eventually encompass a mix of 196 town homes and single-family homes
- cost for green building for each unit could rise by as much as 8-9% or $12,000 of the direct building cost
