Feds help fund residential high-rise Net Zero project in London, Ont.
January 23, 2019
Government investing $3.9 million toward the construction of the Sifton Properties' Helio building, a mixed-use, multi-unit residential high-rise in the West 5 sustainable community, a projected $57,608,500 project.
The Government of Canada has announced it is providing an investment of $3.9 million toward the construction of the country’s first mixed-use, multi-unit residential high-rise net-zero energy building in London, Ontario’s West 5 sustainable community, a projected $57,608,500 project.
A media release from the government notes that the building aims to demonstrate the feasibility of net-zero energy at a community level, and inspire change across Canada’s construction industry, as part of our government’s commitment to use renewable energy technologies to advance our clean energy future and help achieve our global climate change goals.
Funded through Natural Resources Canada’s Energy Innovation Program, Sifton Properties Limited‘s Helio building will include a monitoring system that will be used to optimize energy-efficient performance, a system that could become an industry resource going forward.
“This project will demonstrate first-of-its-kind net-zero energy construction in high-rise residential buildings, making it a model for the future. Through energy-efficient practices and the use of renewable energy technologies, this project is creating new jobs and protecting our environment,” says Amarjeet Sohi
Canada’s Minister of Natural Resources, in the media release.
Richard Sifton, president of Sifton Properties, said: “Helio will be the most energy-efficient high-rise in Canada, designed and constructed to be 77% more efficient than a similar building built under the current Ontario Building Code. This is quite an accomplishment, and there is no doubt that the Energy Innovation Program has enabled us to push Helio further than thought possible.”
Project partners include:
Net-Zero Energy Mixed Use High-Rise Building