May 1, 2006

First LEED residential development to begin in Markham, Ont this summer

MARKHAM, ONT-A Markham, Ontario developer, Times Group, is planning to develop the first residential building in Markham designed to meet Leadership in Energy and Environmental Design (LEED(r)) certification standards. Located in Markham Centre, the $100-million Majestic Court will be designed to use approximately 30% less energy and 40% less water and provide greater indoor air quality than equivalent non-LEED developments. The project is expected to create a standard for sustainable development design in new high-density residential developments not only in Markham but throughout York Region and the Greater Toronto Area. The town of Markham has also decided to adopt a policy promoting further LEED development by making LEED certification a factor in determining project servicing allocation in Markham Centre. "We're seeing a growing trend of creating sustainable communities and greater demand from developers and prospective buyers for building designs that meet LEED performance," said Stephen Carpenter, president of Enermodal Engineering, a consulting firm specializing in sustainability. "By installing state-of-the-art features including argon filled double-glazed windows with low e-coating to reduce heating and cooling costs; Heat Recovery Ventilators (HRVs) in each suite to reduce energy demands; and water-efficient toilets, showerheads and landscaping, Majestic Court's overall energy consumption can be reduced by up to 30%." Construction of the 400-unit Majestic Court is due to begin in mid-2006 and will be complete by March 2008. More information about Times Group is available on-line at www.timesgroupcorp.com. LEED Canada is administered by the Canada Green Building Council (CaGBC). Carpenter is a LEED faculty member and head of the LEED Canada Technical Advisory Group.

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