1. Toronto Waterfront Scan and Environmental Improvement Strategy Project - Economic Opportunity in a Sustainable Waterfront Presentation to the Federation of Canadian Municipalities Sustainable Communities National Conference February 7, City of Toronto & SENES Consultants Inc.

2. Three Governments One Vision
Three governments agree on historic deal to renew the Toronto Waterfront
Federal
Provincial
Municipal

3. Waterfront Revitalization Funding and Private Sector Investment
Each of the three levels commits $500 million
Total of $1.5 Billion
To assist with the revitalization of the Waterfront and to leverage private sector investment

4. Toronto’s Strategic Plan Vision for the City
Toronto is a clean, green and sustainable city
We integrate environmental stewardship into our daily activities
We maintain and improve the health of the environment for present and future generations

5. Toronto’s Strategic Plan Goals for the Community
Environmental Sustainability
Environmental sustainability encompasses principles of environmental balance and integration of environmental considerations in our social and economic activities.

6. Toronto’s Environmental Plan
Sustainability Goal
The City of Toronto’s environment, community and economy should be healthy and vibrant and should meet the needs of today without compromising the ability of future generations to meet their needs

7. Environmental Sustainability Concept for the Waterfront Scan
evaluate cumulative environmental effects of the alternatives being considered in all sectors (air, land, water, energy, transportation, natural heritage)
assess all waterfront renewal alternatives, enabling combined effects to be managed, thereby REDUCING overall City impacts on the environment
consider net environmental benefits and sustainability issues
optimize combinations of alternatives for all sectors
Olympics are a catalyst that will help to accelerate the development of the Toronto’s Waterfront. What we learn from the SCAN will provide guidance on sustainable waterfront development in keeping with the City’s goals and the goals identified in the City’s Environmental Plan.

8. Waterfront Scan Key Concepts Under Review by the Three Governments
Integrated Energy Concept
Comprehensive Coordinated Infrastructure Approach
Cooperative Environmental Assessment Process
Coordinated Public Consultation Process

9. Focus on Integrated Energy Concept
How does the Integrated Energy Concept support the creation of economic opportunities in the Waterfront?
Does this concept have implications for the economic opportunities of other infrastructure?

10. Challenges to Sustainable Development in the Waterfront
1. Investment Return Expectations
2. Development Feasibility
3. Technical Feasibility Perceptions

11. Toronto Port Lands Energy Example
development will require heating and cooling
presently the necessary heating and cooling infrastructure does not exist
assumption that traditional technology will best suit marketing and development needs
current cooling technology is dependent on electricity supply from Ontario Power Generation and other suppliers when market opens in May 2002

12. Toronto Port Lands Energy Example
Potential for higher electricity costs due to market forces, increased demand, or increased production costs
potential risk related to capacity of electricity transmission system for downtown Toronto
sustainability analysis would in addition to the currently available technology assess other potential technology such as Deep Lake Water Cooling, District Heating, Anaerobic Digestion, Wind, Solar and Geothermal energy systems

13. Toronto Port Lands Energy Example
Considerations
large investment up front
need to develop all of the infrastructure before any buildings built
need to ensure that when the buildings are built they can immediately hook-up
longer term operating cost to the building owner will be lower

14. Integrated Energy Concept - Potential Energy Infrastructure
Deep Lake Water Cooling
District Heating
Anaerobic Digestion
Co-generation

16. How do we achieve Integrated Energy Concept in the Waterfront?
Sustainability perspective
building infrastructure in anticipation of demand
Issue
how can this be funded?
Shift from Conventional to Unconventional Thinking

17. Municipal & Private Sector Infrastructure Unconventional Thinking
re-evaluate the appropriateness of government funding for various infrastructure components
re-evaluate the historic role of public and private sector in infrastructure development
consider private sector construction and/or operation of infrastructure components normally developed by public sector
free up public sector funds for other needs

18. Up Front Investment in Energy Infrastructure for Long Term Security
requires up front planning and investment
initial return on investment could be low
initial low return offset by known cost of energy and reduction in future risk
initial low return offset by elimination of need for supplementary electricity transmission line in the future

19. Up Front Investment Results
long term economic and environmental sustainability
income and jobs retained in the community
with this comes social sustainability

20. Market Interest in Waterfront Energy Infrastructure
some major pension investment funds have expressed interest in energy infrastructure
local production of energy reduces issues of supply restriction and external market forces
energy production jobs and income retained in the community

21. Conclusion - Pathway to Sustainable Waterfront
Retain a focus on the Scan Sustainability principle of Reducing emissions, not mitigation
Involve investment/financial and development sectors and the Waterfront Revitalization Corporation in furthering the Scan Concepts
Treat energy, transportation and water/wastewater, and communications as one Integrated Infrastructure

22. Conclusion - Pathway to Sustainable Waterfront
Apply the lessons of Integrated Energy Concept and Up Front Investment model to maximize the economic opportunities and cost reduction potential for transit, water/wastewater and other infrastructure
Implement Cooperative Environmental Assessment Process and Coordinated Public Consultation Process to achieve public consensus regarding Integrated Energy Concept and Coordinated Comprehensive Infrastructure Approach

23. Conclusion - Path to Sustainable Waterfront
Ensure Consistency with Central Waterfront land use plan and Waterfront Corporation Business Plan
Maintain an ongoing Three Government strategic alliance role to assist the Waterfront Corporation and the Revitalization

24. Sustainability Goal
The City of Toronto’s environment, community and economy should be healthy and vibrant and should meet the needs of today without compromising the ability of future generations to meet their needs

25. Moving Forward