We bring sites back to life that would otherwise sit untouched.
Through environmental clean-up and adaptive reuse projects we are able to reintegrate sites back into their local communities.
The environmental management work is financed through development work.
Our Strategic Priority of sustainability means unlocking the value of dormant land and helping the City realize the potential of its real estate.
Toronto’s rich heritage is reflected in its enduring buildings.
These buildings can often bear the harmful effects of historical uses. Proper remediation strategies help address the damage of past uses.
Build Toronto has been working to investigate and manage environmental risk across its sold projects and current portfolio:
10 sites in projects sold
11 sites in current portfolio
3 adaptive reuse projects sold
2 adaptive reuse projects in current potfolio
2 heritage-designated properties as part of projects sold
2 heritage-designated properties within existing portfolio
$4.48M invested in environmental investigations and risk management measures
$35.1M to investigate and create risk management measures within existing portfolio
*Data reflected from approximate estimates from projects sold and/or the full development of projects Build Toronto is managing as at December 31, 2015. As reflected in Build Toronto’s 2015 Annual Review.
Investing in remediation, although complex, costly and risky, is the key to restoring value of underutilized sites and integrating them back into their neighbourhoods.
– Moshe Wertheim, Director, Build Toronto