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What promises to be one of Canada's greenest residential developments will have its public launch this weekend. Backed by Niche Developments and Fleming Developments, Belgravia Square will become Edmonton's first geothermal and solar powered condominium, offsetting utility bills and lowering condo fees for residents by approximately 30 percent.
A fleet of solar panels will generate electricity for the building and pump it back into the grid, while geothermal heating brings carbon credit revenue to the condo corporation. These solar sales and carbon tax credits will reduce condo fees for its residents, making the building one of the first to employ this unique model.
The mid-rise development will add a collection of 70 condominiums to the Belgravia neighbourhood at 11511 76 Avenue, with pricing ranging from $279,000 to $675,000 for one- to three-bedroom units reaching up to 1,105 square feet in size. To be built with concrete and steel, Calgary-based architects MoDA have applied a Prairie Modern style with a masonry exterior fitted with oversized windows, precast concrete accents, wood siding, and a cantilevered crown that frames a rooftop amenity space.
A VIP release in March saw 25 units sell out in six days. The event on Saturday, August 12 at 8101 Gateway Boulevard puts the remaining suites on the block, which are expected to be snatched up quickly.
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