ENSC 310 Lecture Notes - Lecture 10: Golden Horseshoe, Brownfield Land, Urban Sprawl

• School: Queen's University
• Department: Environmental Studies
• Course: ENSC 310
• Professor: John Andrew

Document Summary

Pairing of equity capital with experienced management to unlock the value in. Historical barriers to brownfield redevelopment relate to finance, liability and process. Remediation funding gap -- conventional financing is not readily available during site restoration: potential environmental liabilities associated with brownfield sites affecting both owners and developers, process uncertainty in environmental and planning matters timing and outcomes unclear. Provincial land use legislation examples from ontario. Ggh is home to 66% of ontarians and 25% of canadians. Since 2001, ggh accounts for 84% of ontario population increase and 39% of national increase. Protects green space and limits urban sprawl in the ggh (1. 8 million acres) 40% of new residential development to occur within urbanized areas. Ontario environmental protection act (epa: ontario regulation 153/04, as amended in 2009, regulatory closure: filing of a record of site condition (rsc) with the ontario. Site investigation must be completed by a qualified person (qp) quality of soil and groundwater (environmental site assessment, esa)