Wood Buffalo Housing & Development Corporation: Fort McMurray Leads in Green Housing Technology

Market Wire, June, 2010

“Turning the sod today for the start of construction of the Stony Mountain Plaza affordable housing project is an important event,” exclaims Bryan Lutes, President of Wood Buffalo Housing & Development Corporation (WBHDC). “This project is exceptionally environmentally friendly and is not the type of development most people think of when they think of Fort McMurray.”

Stony Mountain Plaza is an affordable housing development that will ultimately provide homes for 125 families in two complexes. Utility costs will be minimized because of the use of both geothermal and solar panel technology in the development. Current estimates are that utility costs will be reduced by 70% to 75% by using these environmentally-friendly technologies.

“Stony Mountain Plaza is part of the Alberta government’s commitment to development of affordable housing throughout Alberta. I congratulate the Wood Buffalo Housing & Development Corporation for their environmental foresight and innovation with this project. It is the kind of development we need and when finished may be a model for other communities and organizations to follow,” added Jonathan Denis, Minister of Housing and Urban Affairs.

This development will also benefit from eco-friendly modular construction techniques that will reduce overall construction time and environmental impact. The development will be completed within six months-less than one-half the time of a similar site-built project
cost of solar panels

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