Expropriation for Urban Renewal Not Cut and Dry
Stephen Waque, a senior partner and leading environmental lawyer at Borden Ladner Gervais LLP, highlights the challenges that municipalities face when expropriating land for urban intensification purposes.
Urban intensification produces a diversity of densely packaged, highly valued economic interests in real estate in terms of fee simple interests, limited partnerships, ground leases, retail leases, joint ventures, mortgages, et cetera. One of the pervading challenges of urban renewal is to assemble real estate.
Stephen Waque is a senior partner with BLG and a founding director and past president of the Ontario Expropriation Association. He has more than 30 years experience in the practice of expropriation legislation and real estate law. Stephen is the author of New Law of Expropriation, a two-volume reference text that deals comprehensively with government acquisitions of real estate and business interests, and is considered an authority in Canada. For more information on Stephen Waqué please visit http://www.blg.com/en/home/our-professionals/Pages/Waque-Stephen.aspx