Dockside Green in Victoria, BC is slated to become the world’s first Platinum LEED-certified community. Inhabitat reports “the community is going to treat 100% of its waste water on site and use 45%-55% less energy than Canadian Model National Energy Code.”

Even more impressive, Dockside Green will attempt to be the first carbon neutral development.

To get there they will use a 100% fresh air system with heat exchange, a four-pipe fan coil system, low E double-glazed windows, exterior blinds, Energy Star appliances, CFLs and LEDs, and solar landscape lighting.

Putting their money where their mouth is, the developers Vancity and Windmill West have vowed to pay a one million dollar penalty should they fall short of the LEED Platinum rating.

Of course this promise not only speaks to a commitment to reach the rating, but they know potential buyers (especially in BC) will place value on a project they can be sure will surpass all the other “green” condo projects in the local market. Thus helping the developers sell in a much more difficult market than existed when this project began. Read post in Inhabitat.