25 May '11, 5pm

Greenbridge, A Model For Green Development, Faces Foreclosure: by Sami Grover, Carrboro, NC, USA on 05.25.11 Now...

Greenbridge, A Model For Green Development, Faces Foreclosure: by Sami Grover, Carrboro, NC, USA on 05.25.11 Now...

Whatever certain campaigners made of the rights and wrongs of the Greenbridge project in practice, their questioning of the motives and morality of the developer always saddened me. Every interaction I have had with Toben and his partners suggests that this was a venture that was undertaken out of a sincere belief in urban density, thriving downtowns, and innovative green design. They also approached the planning process with an openness that - to my eyes at least - gave a broad cross ection of the community a seat at the table. As the Reuters article relates, Toben made a fortune in the 1990s after selling his share of the data mining company, KnowledgeBase Marketing, for $10 million after taxes. The failure of Greenbridge means he's likely to lose most of it. And this, he tells Barnett, has him rethinking his focus:

Full article: http://www.treehugger.com/files/2011/05/greenbridge-condo...

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