Developer granted $9M in incentives to decontaminate condo site - Ottawa - CBC News

By Laura Osman, CBC News Ottawa, October 4, 2017

An Ottawa developer is set to receive more than $9 million in incentives from the city in exchange for cleaning up contaminated land across from the Bayview LRT station.

Trinity Group plans to build three condo towers rising from 50 to 59 storeys at 900 Albert St. The buildings will contain 1,632 residential units as well as office and retail space.

The project qualified for $8,255,397 in brownfield development grants over 10 years to clean up railway contaminants left on the site. In a unanimous vote Tuesday, the city's finance and economic development committee also agreed to waive a $920,000 fee to allow the developer to move municipal pipes that currently lie under the lot onto city land.

http://www.cbc.ca/news/canada/ottawa/developer-granted-9m-incentives-condo-site-1.4319629

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