The history of underground storage tanks is strongly connected to the oil industry. Soon after oil was discovered, and more uses for it were revealed, the need for storage became evident. At first oil was stored in whiskey barrels and other improvised containers, but these did not satisfy the long term nor the large capacity […]
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Many industrial and commercial properties are located within condominiums and run by condo boards. In a condominium property, a landowner owns their own property/bay within the property, but they legally own a portion of the common property as well. Condo boards use a “per unit” factor breakdown based on the percentage of ownership. Condominium land […]
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At EDI we believe a property should represent an asset, not a liability. Our goal and our expertise is making sure you acquire the former and not the latter. If a Phase I ESA identifies areas of concern we will recommend a subsurface investigation to make certain you know what you are purchasing. This is […]
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The requirements of a Phase I ESA that meets both federal and provincial guidelines have continuously increased. Phase I ESAs are usually completed in 3 weeks if the property is located in a major city where municipal searches are automated. A comprehensive Phase I where all the agencies respond and all information is obtained, analyzed […]
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Developing Brownfields, previously developed properties left dormant, is essential for sustainable urban development. However, petroleum hydrocarbons from former gas stations or chlorinated solvents from former dry cleaning facilities often represent a barrier to redevelopment. Of course, our economic realities are not very helpful either. There are numerous studies showing that developing contaminated and underutilized properties […]
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