Considering buying a commercial property? Developing vacant land? Or Redeveloping an existing property?
Environmental Site Assessments are an integral part of the commercial or industrial property transaction process. They assist buyers or sellers in identifying the environmental risks associated with a subject property. This can include such things as soil contamination, groundwater contamination, or underground storage tank removal. Rubidium Environmental has developed an innovate approach to help our clients during the entire “planning” process.
Pre-Purchase Due Diligence
Prior to closing a deal, it is important to know whether or not there is a potential concern that the property is contaminated. That’s what a Phase I Environmental Site Assessment is for. It looks at historical uses and records, neighbouring property uses, as well as a site inspection to identify potential concerns. What is there is a potential for contamination? A Phase II Environmental Site Assessment is conducted which involves collecting soil, and groundwater samples. These samples are analyzed at an accredited laboratory to determine if contaminants are present, and whether or not they are in exceedance of the provincial guidelines. If contamination is detected, there are many options available for remediation of the property.
Developing or Redevelopment?
Often vacant lands classified as agricultural are being eyed for developed into residential land as urban intensification increases around major towns. Equally so are the conversion of former industrial lands in residential properties such as loft condominiums or townhouses. But what is required to do this? First, a Record of Site Condition would be required. This is completed after the Environmental Site Assessments have been completed, and the property has been remediated if necessary. After the Record of Site Condition municipalities require Land Use Compatibility studies to be completed. Land Use Compatibility studies are based on the somewhat antiquated Ministry of the Environmental & Climate Change’s D-Series Land Use Planning guidelines. These guidelines look at potential impacts of existing land uses within specified distances around the proposed property development or redevelopment. Specifically, the land use compatibility study looks to ensure the proposed site has adequate separation distances from sources of noise, vibration, dust, and odour that would otherwise result in incompatible land uses.
Ready to Start Construction
Once all the appropriate permits and approvals have been received, Rubidium can help during the construction phase. Stormwater Management Plans, Dust Monitoring Programs. Environmental Compliance Approvals. Acoustic Assessments. Rubidium Environmental’s team of engineers and scientists have the expertise to assist you from pre-purchase due diligence all the way through post-construction property management.