By Business Wire

Copyright financialpost

Following the success of its sister building, GEOcentral, GEOpark redefines modern rental living with a 6-storey building designed to significantly reduce its environmental footprint. The building’s advanced geo-exchange system utilizes the earth as a thermal storage battery to provide highly efficient heating and cooling year-round. This strategic use of proven, carbon-free technology directly addresses the need for sustainable housing and represents a significant step toward decarbonizing the built environment. The project’s comprehensive approach to sustainability considers not only operational emissions, but also factors in embodied carbon and electrical grid impact. GEOpark serves as a proof of concept that new and environmentally sustainable development is both achievable and profitable with the right partners.