An application under the Environmental Site Assessment Grant Program was approved by Council on April 15, 2019. The grant reimburses 50% of cost of Phase 2 Environmental Site Assessment work (e.g. soil and groundwater sampling)—in this case up to a maximum of $23,795.
The corporate directors for 2605385 Ontario Inc. (CIP applicant) are: Shabeg Singh, Dev Singh, and Sartaj S. Dhillon.
The corporate directors for AIPL Canada Holdings Inc. (property owner) are: Shabeg Singh and Dev Singh.
Discussion:
Proposed Brownfield Redevelopment
The redevelopment proposal includes a new six storey, multiple residential dwelling containing 148 dwelling units. The redevelopment plans also propose redevelopment of 1,737 square metres (or 18,700 square feet) of commercial space within the two existing buildings.
The Phase 2 Environmental Site Assessment study indicates remedial work is required in order to file a Record of Site Condition (RSC). A RSC documents the soil and groundwater quality relative to the prescribed standards for the proposed land uses. A remedial work plan prepared by the applicant's environmental consultant proposes to remove 2,200 cubic metres of contaminated soil.
The total cost of the proposed soil remediation and filing a RSC is $400,000. The applicant also proposed to spend approximately $4,300,416 on other eligible costs such as:
- building rehabilitation and retrofit works;
- application and permit fees; and
- infrastructure upgrades.
The total project budget is $34,792,798. To offset the eligible costs the applicant has applied under the following Brownfield Redevelopment CIP programs: