• Lakeshore West GO: Service and Maintenance Notice

    Please be advised that GO Transit’s Lakeshore West GO line will undergo maintenance and track work between October 13 and December 15.  Defective rail ties will be replaced along the line to continue to provide a safe and reliable service.

     

    Service Impacts (Oct 13 – Dec 15):

     

    • Lakeshore West service will be reduced to hourly service after 8 p.m. during this time to allow for the work to be completed safely and efficiently.  Please see com/schedulechanges for more information.

     

    Maintenance Impacts (Oakville to Toronto Union):

     

    • Tie replacement work on three tracks between Oakville and Toronto Union will take place between November 1 and December 15, with three scheduled breaks:
      • Friday, Nov 6 to Monday, Nov 9
      • Friday, Nov 20 to Monday, Nov 23 and
      • Friday, Dec 4 to Monday, Dec 7

     

    • Residents along the rail line will be impacted by work along the tracks periodically during this time. Track work will start at 8 p.m. and continue to 4:30 a.m. to allow for minimal service impacts.

     

    • Residents living close by may hear engine and other noise from equipment required to secure the rail ties.

     

    • LED lights will be required to perform the work, but will be focussed on the tracks and should not impact homes.  Residents may also smell the creosote from the new rail ties being installed.   These impacts are expected to be minor.

     

    • The work crew will move along the line from west to east covering 2-3 kilometres each night, starting in east Oakville on November 1. Significant impacts should be limited to 2-3 hours per location as the work moves along the line.  These impacts will be felt by residents three times as work on each track will be completed before moving to the next.
  • Peel Councillors Question Need for Pricey Garbage Incinerator

    Brampton Guardian

     

    Just two years after deciding to explore the idea of building and running its own garbage incinerator, Region of Peel Council is having second thoughts.

    Councillors today received an update on the Peel Energy Recovery Centre during a special meeting of Regional Council.

    The proposed energy-from-waste plant, which would be located at the Peel Integrated Waste Management Facility site on Torbram Road in Brampton, would be built to process 250,000 tonnes of garbage a year.

    Brampton mayor Linda Jeffrey introduced a motion to halt any decision on the project until her Council could get an educational session from Peel staff about the facility. With a number of new members sitting on Brampton Council, Jeffrey felt it would be prudent to take some time to go over the proposal before voting on it.

    “This will impact all our communities in a significant way,” said Jeffrey. “I believe we deserve some (more) time to consider this as a Council.”

    The project cost was estimated at $500 million but councillors heard today (Thursday, Oct. 8) that it would cost an additional $83 million. That increase is because of a number of factors such as inflation when it comes to the cost of construction and the slumping Canadian dollar, among other reasons.

    While Peel Council was willing to delay the decision to give Brampton, Mississauga and Caledon councillors more time to study the issue, several of them spoke up and questioned the wisdom of moving forward with the facility.

    “Building a huge smokestack and burning garbage is something like out of the Flintstones,” said Mississauga councillor Carolyn Parrish. “If there was a motion today to kill the (incinerator), I would do it.”

    Brampton councillor John Sprovieri said cost and the impact on the surrounding community were reasons why he voted for deferral.

    The Region of Peel has a current target of 60 per cent for recycling and reduction when it comes to waste. Last year it dealt with 516,707 tonnes of waste and managed to divert 238,630 tonnes, or about 46 per cent.

    Mississauga councillor Karen Ras said, if Peel took even a small percentage of the money it was tabbing for the incinerator and put it towards public education on the benefits of recycling, she guessed that diversion rate would rise dramatically. The Region is also switching to a biweekly, cart-based waste collection system starting in January and Ras felt it would make sense to see how it worked before agreeing to the big cost that comes with the incinerator.

    “If we were at the 95th percentile (in recycling), then maybe I would agree that building (the incinerator) is fine but we still have a lot of work to do (to increase recycling),” said Mississauga councillor George Carlson.

    Recycling and waste disposal firm U-PAK already runs a facility on Bramalea Road that burns commercial, residential and hospital waste and converts the energy into steam.

    If it is built, Peel is aiming to have the incinerator ready for 2021.

    Council today (Thursday, Oct. 8) also approved a 140,000 tonnes per year material recovery facility, a 120,000 tonnes per year anaerobic digestion facility and a 70,000 tonnes per year yard waste transfer station to help it reach its target of 75 per cent diversion by 2034. All three will either be built in Mississauga or Brampton and the estimated cost is about $138 million (not including what it will cost to acquire land to locate the facilities).

    ~with files from Roger Belgrave

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  • Region of Peel Project Update – Erin Mills Parkway Sanitary Sewer Pipe

    Please click on the below attachments for an update on the large sanitary sewer pipe project down Erin Mills Parkway. This work is to improve existing water and wastewater services. If you have any questions about this project, please call 905-791-7800 ext. 5073 or email ajay.puri@peelregion.ca. Futher, there is a community information session planned for October 28th at Polycultural Immigrant & Community Services at Sheridan Centre, 2225 Erin Mills Parkway, from 6:30 pm – 8:00 pm. For more information, please visit my Events Page.

    Pre-existing Conditions Survey Letter – OZA_West Trunk_Sept29

    Public Notice_West Trunk sewer Contract 2_UPDATE_2

     

  • Slate Office REIT: $46M Announcement to Revitalize Sheridan Park

    Slate Office REIT to Invest $46M to Revitalize Sheridan Park Facilities; Announces Major Tenant SNC-Lavalin… — TORONTO, Sept. 24, 2015

     

    SNC Lavalin Campus

    Slate Office REIT (“Slate Office” or the “REIT”) (TSX: SOT.UN) announced today that it is investing approximately $46 million to revitalize two key properties in Mississauga’s Sheridan Park, which will house SNC-Lavalin’s nuclear sector, a major long-term tenant in the park that is committing to extend its lease on a long term basis in the newly refurbished, contemporary facilities.

     

    In connection with the revitalization project, Slate Office announced that it has entered into a binding agreement (the “Agreement”) with SNC-Lavalin (the “Tenant”), whereby SNC-Lavalin will lease from Slate Office approximately 215,000 square feet of research, development and office space in Sheridan Park for an initial term of 10 years.

     

    “This announcement is a perfect example of Slate Office’s strategy in action: the identification of overlooked, yet quality commercial properties such as these buildings in Sheridan Park, which we can then re-purpose and modernize while offering rents significantly below new construction cost – allowing us to attract and maintain high-quality tenants like SNC-Lavalin,” said Scott Antoniak, Chief Executive Officer of Slate Office.  “We’re extremely pleased to have strengthened our relationship with SNC-Lavalin over the long term in a deal that represents tremendous value for both sides, and in doing so helped to re-invigorate an important business centre such as Mississauga’s Sheridan Park.”

     

    Mississauga City Councillor, Karen Ras, said:

     

    “As City Councillor for Ward 2, the City of Mississauga, businesses and residents eagerly anticipate the much needed revitalization of Sheridan Park with announcements such as this.  I believe the City’s vision is closely aligned with both Slate Asset Management and SNC-Lavalin which encompasses goals of sustainability, innovation, collaboration and growth. We look forward to working with both parties to ensure a seamless rejuvenation of Sheridan Park.”

     

    Reimagined Sheridan Park

     

    Under the terms of the Agreement, Slate will transform 2251 and 2285 Speakman Drive for SNC-Lavalin, reimagining them and fully retrofitting them to create highly functional, contemporary facilities with modern amenities.

     

    The REIT anticipates total development costs of approximately $46 million for the revitalization project including (a) its obligations under the Agreement with SNC-Lavalin, (b) the acquisition of 2251 Speakman Drive from Slate Asset Management L.P. and (c) related value-add expenses in connection with the overall revitalization of its presence within Sheridan Park. The development costs will be funded using the REIT’s existing available resources.

     

    Sheridan Park provides SNC-Lavalin with a unique opportunity to consolidate around the backbone of its organization: its owned manufacturing facility located at 2233 Speakman Drive. The project will incorporate leading engineering and design best practices to deliver optimum energy and environmental efficiency.

     

    SNC-Lavalin’s Nuclear team provides leading nuclear technology products and full-service solutions to nuclear utilities around the globe including customized operations, maintenance and plant life management services, including waste management and decommissioning for BWR, PWR and CANDU-type reactors. Their experts in nuclear steam plant and balance of plant engineering carry out life extension projects, and design and deliver state-of-the-art CANDU® reactors, which are capable of operating on many types of fuel including natural uranium, mixed oxide (MOX) fuel, recycled uranium (RU) and thorium.

     

    Sheridan Park is one of North America’s first corporate research parks. SNC-Lavalin’s neighbours include a wide range of applied research and product development corporations, each dedicated to supporting research activities spanning across energy, electronics, nucleonics, chemicals, petroleum, pharmaceuticals, engineering and moviemaking sectors. In total, more than 2,700 scientists, technicians, engineers and support staff are employed within Sheridan Park’s boundaries.

     

    Sheridan Park offers excellent accessibility to major arterial roadways including Erin Mills Parkway, Winston Churchill Boulevard, and highways including the Queen Elizabeth Expressway, 401, 403 and 407 ETR. In addition, being on the MississaugaOakville border means Sheridan Park is serviced at various locations by the routes of two transit commissions with connections to GO Transit and the TTC subway.

     

    Transaction Background

     

    SNC-Lavalin will lease from Slate Office approximately 215,000 square feet of research, development and office space in Sheridan Park in Mississauga, Ontario. The Lease will have an initial term of 10 years and include an option to lease an additional 28,000 square feet increasing the total area to approximately 243,000 square feet.

     

    SNC-Lavalin is an existing key tenant of the REIT, currently with approximately 222,000 square feet under lease, representing approximately 5% of net operating income on an annual basis. Under a corporate reorganization mandate by the Tenant in early 2015, the Tenant committed to consolidating its various office and research premises into a campus-style facility in order to better reflect the Tenant’s image as a global leader in nuclear research and development.

     

    The REIT is able to meet SNC-Lavalin’s requirement on the basis of its (a) existing tenancy and relationship with SNC-Lavalin and position as the largest property owner in Sheridan Park (b) ability to deliver sound leasing economics by retrofitting an existing property with innovative and contemporary building systems and (c) ability to provide the tenant with a strategic location for its global headquarters proximate to major infrastructure, transit and amenities.

     

    About Slate Office REIT


    Slate Office REIT is an open-ended real estate investment trust. The REIT’s portfolio currently comprises 47 strategic and well-located real estate assets located primarily across Canada’s major population centres. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions. Visit slateam.com/SOT to learn more.

     

    About SlateAsset Management L.P.
    Slate is a leading real estate investment platform with $3 billion in assets under management. Slate is a value-oriented company and a significant sponsor of all its private and publicly-traded investment vehicles, which are tailored to the unique goals and objectives of its investors. The firm’s careful and selective investment approach creates long term value with an emphasis on capital preservation and outsized returns. Slate is supported by exceptional people, flexible capital and a proven ability to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

     

    About SNC-Lavalin


    Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin’s employees are proud to build what matters. Our teams provide EPC and EPCM services to clients in a variety of industry sectors, including oil and gas, mining and metallurgy, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions. www.snclavalin.com

     

    SOURCE Slate Office REIT

     

    Image with caption: “Architect’’s rendering of reimagined SNC-Lavalin campus, Sheridan Park. (CNW Group/Slate Office REIT)”. Image available at:

    http://photos.newswire.ca/images/download/20150924_C6514_PHOTO_EN_506549.jpg

    For further information: Scott Antoniak, Chief Executive Officer, Slate Office REIT, +1 416 583 1764, scott@slateam.com; Conor McBroom, Vice President, Investor Relations, Slate Asset Management L.P., +1 416 619 4284, conor@slateam.com

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  • Mississauga Gives – December 1st

    What is Giving Tuesday?

    Every year in November, thousands of Canadians hit their local shopping centres to hunt
    down the best bargains and kick off their holiday shopping. On Black Friday, the malls
    are busy with the buzz of eager shoppers, and on Cyber Monday, the net is surfed for the
    sweetest online deals of the year. These annual retail phenomena are all about buying in
    bulk at the best prices.
    The average Canadian knows all about Black Friday and Cyber Monday. But what about the
    philanthropic new phenomenon, GivingTuesday?

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