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Windmill Developments has filed the largest ever grant application to the city to help finance the cleanup costs of contaminated industrial lands on the Ottawa River, where the company plans to build its flagship Zibi community.
The developer is asking for more than $60 million in brownfields rehabilitation grant and development charge credits to clean up the 6.5 hectares of land it owns at 3 and 4 Booth St., on Chaudière and Albert islands.
The city’s program, which caps all grants, tax breaks and development charge reductions at 50 per cent of the eligible costs to scrub the property, is designed to kickstart development at key lands, fuelling economic development and building the property tax base.
According to a report prepared for the finance and economic development committee, Windmill will use the money to cover a wide range of activities, including the costs of a feasibility study and environmental assessments, new fill and grading, building demolition and rehabilitation, and half the costs of upgrading on-site infrastructure, including water services, sanitary sewers and stormwater management facilities.
Brownfields are properties where past actions have resulted in actual or perceived environmental contamination and derelict buildings. They are usually former industrial or commercial properties.
There is “widespread contamination” related to the use and storage of chemicals used at the various mill buildings, on-site spills, buried waste, existence of poor fill materials, burning of waste, and an extensive fire on the site in 1900, the report says.
The site in question has been vacant for years.
The city sees the Windmill proposal as a “unique opportunity to revitalize the area and create a vibrant community that both honours the various aspects of site history and incorporates a modern approach for sustainable community living,” the report says.
The site has already been rezoned and construction is underway on the first building on the Gatineau side.
The total costs eligible for grants under the program are $121,726,028.
Zibi could generate $360 million in direct construction value, as well as more than $750 million in new commercial and residential assessments added to the city’s property tax assessment roll at full development, the city said.
There will also be millions annually in increased property and education taxes, as well as development charges, building permit fees and other development fees.
The city has approved 34 brownfields grant applications since 2007.
Most breeze through committee and council, but Somerset Coun. Catherine McKenney says she doesn’t support the current grant being applied to portions of the lands that were “contaminated by industrial uses under federal ownership or management.”
The finance committee will consider the report when it meets on June 5.
mpearson@postmedia.com
twitter.com/mpearson78
查看原文...
The developer is asking for more than $60 million in brownfields rehabilitation grant and development charge credits to clean up the 6.5 hectares of land it owns at 3 and 4 Booth St., on Chaudière and Albert islands.
The city’s program, which caps all grants, tax breaks and development charge reductions at 50 per cent of the eligible costs to scrub the property, is designed to kickstart development at key lands, fuelling economic development and building the property tax base.
According to a report prepared for the finance and economic development committee, Windmill will use the money to cover a wide range of activities, including the costs of a feasibility study and environmental assessments, new fill and grading, building demolition and rehabilitation, and half the costs of upgrading on-site infrastructure, including water services, sanitary sewers and stormwater management facilities.
Brownfields are properties where past actions have resulted in actual or perceived environmental contamination and derelict buildings. They are usually former industrial or commercial properties.
There is “widespread contamination” related to the use and storage of chemicals used at the various mill buildings, on-site spills, buried waste, existence of poor fill materials, burning of waste, and an extensive fire on the site in 1900, the report says.
The site in question has been vacant for years.
The city sees the Windmill proposal as a “unique opportunity to revitalize the area and create a vibrant community that both honours the various aspects of site history and incorporates a modern approach for sustainable community living,” the report says.
The site has already been rezoned and construction is underway on the first building on the Gatineau side.
The total costs eligible for grants under the program are $121,726,028.
Zibi could generate $360 million in direct construction value, as well as more than $750 million in new commercial and residential assessments added to the city’s property tax assessment roll at full development, the city said.
There will also be millions annually in increased property and education taxes, as well as development charges, building permit fees and other development fees.
The city has approved 34 brownfields grant applications since 2007.
Most breeze through committee and council, but Somerset Coun. Catherine McKenney says she doesn’t support the current grant being applied to portions of the lands that were “contaminated by industrial uses under federal ownership or management.”
The finance committee will consider the report when it meets on June 5.
mpearson@postmedia.com
twitter.com/mpearson78
查看原文...
