Month: May 2016

Guelph seeking to leverage social infrastructure funding to reclaim IMICO and advance affordable housing strategy

Guelph pursuing mixed-use development for 200 Beverley Street Inclusive of Affordable Housing 

Guelph, Ont., May 19, 2016–Guelph City Council supports the idea of a mixed-use commercial, residential and affordable housing development at 200 Beverley Street—the former International Malleable Iron Company (IMICo) property.

City Council has asked City staff to prepare the business terms for a mix of commercial, residential and affordable housing development and report back by the end of the year.

“Preparing the property for this kind of development aligns with Guelph’s affordable housing strategy by making good use of surplus real estate assets,” says Peter Cartwright, general manager of the City’s business development and enterprise department. “Also, with Provincial and Federal governments showing support for brownfield redevelopment, infrastructure renewal and affordable housing initiatives, we’re in a good position to take advantage of potential funding opportunities from other levels of government.”

At this point, the City is not approving a specific plan; it will prepare business terms and conditions with potential investors who have expressed an interest in developing the property.

The City is looking forward to working with the County of Wellington on this and other potential affordable housing initiatives.

Related Links

Environmental condition of 200 Beverley Street
Questions and answers about 200 Beverly Street
Site history and related reports
Benefits of brownfield redevelopment
For more information

Peter Cartwright, General Manager
Business Development and Enterprise
519-822-1260 extension 2820
peter.cartwright@guelph.ca

Q&A with GMHI CFO Sardana on District Energy from May 16, 2016

Full audio of the May 16, 2016 meeting on District Energy can be heard here.

The presentation provided to Council (GMHI Shareholder) can be viewed here.

http://guelph.ca/wp-content/uploads/special_council_agenda_051616.pdf 

Q&A

My questions for CFO Sardana were as follows.

1) What are the cornerstones of a successful DE system when implemented correctly? Continue reading

Future of Guelph’s failing district energy initiative could be in doubt

Courtesy: Guelph Today on May 17, 2016
There was no sugar coating it Monday night in the council chambers at Guelph City Hall: Guelph’s district energy initiative has been a huge failure thus far.

So much so that its future may be in doubt. Continue reading

Changes to Silurian Drive On-Street Parking

On May 3, 2016 a City Notice was sent to homes along Silurian Drive notifying residents of upcoming changes to on-street parking.  Specifically, the notice was in response to a resident concerned about the ability for emergency vehicles, buses and waste collection vehicles to access the street when vehicles are parked on both sides.  I investigated this for myself on Friday May 6th and followed up with staff for a more thorough explanation (See staff responses below). Continue reading

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