Sustainability as a Guide to Better Asset Management Decisions Robert Siddall CFO Waterfront Toronto November 19, 2008
2 | Waterfront Toronto’s Sustainability Mandate To develop world leading social, cultural, environmental, and economically sustainable communities. November 19, 2008
Waterfront Toronto’s Design Excellence Mandate To build a waterfront characterized by high quality design and culture that positively contributes to how Toronto is perceived by its citizens and the world. 3 |November 19, 2008
Waterfront Toronto’s Economic Sustainability Mandate To promote employment growth for the waterfront, particularly in new media and other knowledge based industries. 4 |November 19, 2008
Waterfront Toronto’s Fiscal Sustainability Mandate To optimize public sector investment by attracting and leveraging private sector development in order to increase the value of the waterfront. 5 |November 19, 2008
Waterfront Toronto’s Public Consultation Mandate To be a trusted public steward by actively involving community and other stakeholders in all major revitalization activities To create a waterfront that is inviting and accessible to both citizens and visitors to Toronto, for living, working, and playing, for all age groups, family sizes and income levels. 6 |November 19, 2008
Waterfront Toronto’s Management Framework Purpose: achieve sustainable community outcomes through an integrated performance management system by: influencing planning, design and construction activities for a triple bottom line identifying risks and establishing project priorities knitting corporate functions into a sustainability framework to measure and manage performance increasing internal understanding on how decisions and activities impact corporate objectives monitoring and reporting on individual/corporate performance enhancing public accountability and corporate transparency establishing role as sustainability steward and waterfront catalyst
Asset Management Tools Knowledge-Best Practices Innovation – What’s Coming Money – Pay Now / Later Teamwork / Partners 8 |November 19, 2008
Design Excellence – Does Not Mean Higher Cost 9 |November 19, 2008
Incorporating Existing Conditions 10 |November 19, 2008
Upfront Decisions Impact Life Cycle Costs November 19, |
Sustainability Options – Effective Use of Materials 12 |November 19, 2008
Sustainability Options – Design Options 13 |November 19, 2008 Park Pavilion -UV Disinfection facility - Washrooms/café Storm water from East Bayfront and Lake water is pumped to the UV facility
Sustainability Options – Innovation Opportunities 14 |November 19, 2008