Canadian Funding Corp Reviews CMHC Sustainability Reports

July 2, 2009, Canadian Funding Corp Sustainability Update – Spencer Creek Village is a large-scale, high-density residential development located in the heart of the community of Dundas in Hamilton, Ontario.The development will contain 598 residential units in nine buildings along with 1,300 m2 (14,000 sq. ft.) of commercial space.Two phases of the development are already complete, with a third one currently under construction.This redevelopment of a former steel foundry site incorporated extensive use of on-site soils sorting and recycling to reduce costs and materials sent to landfill.The development has also been designed to fit into the existing neighbourhood.

This 4.5 hectare (11 acre) property is located beside Spencer Creek in the heart of the former town of Dundas in Hamilton, Ontario.This was the location of the former Bertram Foundry (the John Bertram and Sons Company Limited), established in the 1860s. Woodworking tools, machine tools, engineering equipment for railroads and bridges, military tank parts, armaments and mining equipment were manufactured on this site.The site was primarily contaminated with foundry sand (heavy metals), creosote, polycyclic aromatic hydrocarbons (PAHs), polychlorinated biphenyls (PCBs) and petroleum hydrocarbons.

Urban Horse Developments purchased the property in the mid-1990s after attempts by other developers to initiate redevelopment of the site.The 20,440 m2 (220,000 sq. ft.) foundry building was demolished and the site was remediated using primarily dig and dump, on-site sorting and reuse of acceptable soils as fill, and some bioremediation for the petroleum hydrocarbons. The developer also made extensive use of recycling of wood, steel, brick and concrete during the demolition to lower costs and reduce the amount of material going to landfill.

The first phase of the 11-phase development, a 48-unit condominium apartment building, was completed in 2002.The second phase, a 62-unit apartment condominium, was completed in 2003. Construction has now commenced on the third phase, another 62-unit apartment condominium.These residential condominium buildings are being built by Alterra Developments.The development is expected to be completed by 2010 and will include 598 residential units comprised of 458 condominium apartment units in eight buildings, 140 rental apartment units for seniors in a four-storey building, and 1,300 m2 (14,000 sq. ft.) of commercial space.

This project was the first large-scale, high-density residential Brownfield Redevelopment Project in the Hamilton area, and one of the earliest examples of a successful large Brownfield Redevelopment Project for residential uses in the province of Ontario and the country.

Canadian Funding Corp links you to Spencer Creek on YouTube.

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