Land Redevelopment – Risk Management and Remediation Program

Objective

Vertex was engaged by a Land Developer to review Environmental Concerns associated with a 500+ acre package of land in Calgary prior to development. Work was completed under the direction of Indigenous Services Canada.

Approach

Vertex reviewed all previous environmental work completed on the properties to identify current environmental concerns. Once complete, Vertex developed site specific Remediation Objectives and Risk Management plans for each land parcel. Upon completion, Vertex provided reliance letters and expert support to lenders, allowing for development to proceed within regulations.

Results

Vertex’s client was able to facilitate development of the land packages within the regulations without further construction delays.


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