In major cities across Canada, there has been growing interest in brownfield redevelopment to meet the rising demand for commercial and industrial property. These contaminated sites can represent significant investment opportunities with proper environmental management.
AEL employs a combination of remediation and risk assessment strategies that enable the redevelopment of brownfield sites. Our professional team of environmental engineers and geoscientists work alongside clients to ensure that the appropriate steps are taken to bring a brownfield site back into use.
Proven Methods of Brownfield Remediation
With the right approach, brownfield sites can be transformed into valuable assets for communities and businesses alike. Remediation strategies include:
Tax Rebates for Property Owners Who Remediate Brownfield Sites
As always, the best approach to remediating a brownfield site will depend on a combination of environmental due diligence and your own personal site goals. You may even qualify for a tax incentive to help revitalize vacant property. One example is the Brownfields Financial Tax Incentive Program (BTIP) from the Government of Ontario, which can help offset the costs of remediation for the owners of eligible brownfield properties.
This financial tool provides municipalities with tax assistance to clean up brownfield properties. A property must have a Community Improvement Plan and the results of a Phase 2 Environmental Site Assessment (ESA) in order to qualify for the program.
The AEL Approach to Brownfield Remediation
With expert guidance from the AEL team and the right remedial action plan, brownfield redevelopment can lead to significant investment opportunities for property owners. To better understand AEL’s remediation approaches, read our insightful blog post on remediation innovations we’ve adopted and implemented for our clients, or contact us today to discuss your unique needs.
AEL environment is focused on creating tailored solutions based on your end goals for each property. Tell us the service you require, and our team of expert engineers will guide you through the process.
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