Memorandum of Understanding (MOU) signed between the City, Habitat for Humanity Wellington, Dufferin, Guelph and ARQi R&D Inc. expired. The City is currently investigating ways in which to realize the development potential of the site.
The City expects to file the Record of Site Condition with the Ministry of the Environment, Conservation and Parks by the end of 2021. Once done we’ll have a better idea of timelines for the development work. Learn more about the environmental investigation work and timelines.
The City took ownership of 200 Beverley Street in 1997 when the owner was unable to pay the property taxes owed on the property.
Since taking ownership in 1997, the City has spent a total of $2.94 million on:
- property management and security
- environmental studies, preliminary cleanup and ongoing monitoring
- investigating potential uses for the property
- real estate consulting
Currently, the City spends $40,000 to $50,000 a year monitoring and managing the brownfield according to the MECP Director’s Order.
The property may appear dormant, but the City is actively monitoring and managing the site which costs between $40,000 and $50,000 a year.
Also, to comply with the MECP Director’s Order, the City must address the substances on the property.
Guelph encourages brownfield redevelopment throughout the city to create healthy, attractive and thriving neighbourhoods.
Redeveloping 200 Beverley Street is a priority for the City because the site is subject to the MECP Director’s Order, and substances on the property need to be addressed.
Several environmental studies and cleanup activities have already taken place, and further study may be required to prepare the site for redevelopment.
In some parts of the site, the soil or groundwater may contain chemicals typically found in gasoline or paint—petroleum hydrocarbons (PHCs), volatile organic compounds (VOCs) and metal(s).
All City wells are at least two kilometres away. Guelph’s drinking water is safe, and regular testing shows it meets or does better than Ontario drinking water standards.
The cost to prepare the site for development is dependent on the determined use and development concept. We don’t yet know who will fund these costs, as that will be part of future discussions and negotiations as development plans move ahead.
Bill Bond, Economic Development Officer – Investment Attraction and Real Estate
Economic Development, Infrastructure, Development and Enterprise
519-822-1260 extension 3525
[email protected]