Container storage
This used to be farmland. Much of the area to the north is still cranberry bog. The Port now owns the land, and is exempt from the usual provincially legislated restrictions on the use of agricultural land. Actually this section was for a long time a tip - for all kinds of solid waste, especially construction waste. Much of it illegal. So now it has been levelled with river dredged sand, capped with concrete and used for container storage. The traffic has been mostly one way - manufactured goods imported in containers. Our exports are mostly in bulk. So there are piles of spare boxes - and increasing demand for land to store them. Delta farmland, now in food production, is the next slated for this use.
The fact that this is highly desirable waterfront property matters not at all. This is the "highest and best use" according to our values.
Container storage
This used to be farmland. Much of the area to the north is still cranberry bog. The Port now owns the land, and is exempt from the usual provincially legislated restrictions on the use of agricultural land. Actually this section was for a long time a tip - for all kinds of solid waste, especially construction waste. Much of it illegal. So now it has been levelled with river dredged sand, capped with concrete and used for container storage. The traffic has been mostly one way - manufactured goods imported in containers. Our exports are mostly in bulk. So there are piles of spare boxes - and increasing demand for land to store them. Delta farmland, now in food production, is the next slated for this use.
The fact that this is highly desirable waterfront property matters not at all. This is the "highest and best use" according to our values.