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Development News

Mayor's Tower Renewal project gets $346,000 green loan

The Federation of Canadian Municipalities has given the city's Tower Renewal initiative, one of Mayor David Miller's favourite projects, a $346,000 shot in the arm in the form of a green loan.

According to Miller's aide de camp and senior advisor for planning, Chris Phibbs, the loan is "to study a range of initiatives in the four pilot sites, to take a look at them and find out what kind of interventions can be done to reduce energy consumption, water use and amounts of waste generated."

Tower Renewal, headed by project director Eleanor McAteer, seeks to revitalize the city's jungle of concrete slabs built from the 1950s to the 1980s, making them simultaneously greener and more pleasant places to live.

The pilot sites are located at Kipling and Finch, Markham and Eglinton, Don Mills and Sheppard and Jarvis and Wellesley.

 

Writer: Bert Archer

Source: City of Toronto

 

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