Tricar Group Launches LEED Certified Condos

Planet Realty Inc.Real Estate News

azureLondon, ON; – In just over two years, the heart of downtown London will proudly display a landmark 29 storey, 180 unit condominium highrise that will shine above the city’s skyline. That highrise will also be the first LEED registered condominium building in our city.

Honorable Mayor Matt Brown, City Councilors, Staff and local business people were on hand as The Tricar Group officially opened their new Azure Presentation Sales Centre and announced that they have elevated their environmental commitment by registering this project with LEED.

Leadership in Energy and Environmental Design (LEED) is recognized as the international mark of excellence for green building in 150 countries. LEED certification provides independent, third-party verification that a building, home or community was designed and built using strategies aimed at achieving high performance in key areas of human and environmental health: sustainable site development, water savings, energy efficiency, materials selection and indoor environmental quality.

LEED homes are thoughtfully designed, are located near public transit and in areas that improve community connectivity. Azure residents will enjoy a comfortable home with balanced heating and cooling systems and improved indoor air quality. Amenities such as a 29th floor green roof and water efficient landscaping are both healthy and appealing and also save water consumption. Green power will provide at least 35% of required electricity from off-site renewable sources saving homeowners money. Construction and demolition activities ensure that materials are recycled and minimal waste is produced throughout the entire construction process. And with an ideal downtown location, environmentally friendly transportation is encouraged with available electric car charging stations and secure bicycle storage space. Owners of a LEED certified home can also count on higher property values when it comes to future resale and increased energy savings on their utility bills.

“At Tricar we have long prided ourselves on being innovators in the high rise condominium industry and have always been committed to improving communities on economic, cultural and environmental levels. To have an opportunity to further raise the bar through the commitment to sustainable technology and environmentally responsible practices as a LEED registered building is something we are very excited about. We are proud to bring an innovative and green technology to a great residential development in the downtown core.” – Adam Carapella, Vice President Operations, The Tricar Group
Tricar has been developing and managing award winning multi-family high-rise buildings for 30 years.

An industry leader and a catalyst in the revitalization of downtown cores through the redevelopment of under-utilized sites, Tricar has earned the reputation as a progressive, responsible builder. Innovative and quality craftsmanship have earned them numerous awards for architecture and design excellence while personal, dedicated attention to customer care has earned them the most coveted award as Ontario High-Rise Builder of the Year by the Tarion Warranty Corporation in 2014 and again in 2015. Azure Condominiums will mark Tricar’s 5th highrise residential tower in downtown London. Picton Place marked the 1st, followed by Wellington Park at 250 Pall Mall and Renaissance I and II at King and Ridout. Sales have begun for those that registered online and the interest has been fantastic with an overwhelming 50 suites sold in the first day. A Grand Opening is scheduled for May 7th.

For more information and to register visit www.tricar.com/azure.