The Davis Tannery was one of the final assets in a portfolio being disassembled and sold individually through our firm. The City of Kingston retained a First Option to Purchase on the property and had been unsuccessful in previous efforts to seek development proposals for it. A large parcel of land with significant water frontage on the Cataraqui River, the property had potential for development, but a tannery was historically operated on the property and the lands remained contaminated/unremediated. It was, however, within the City’s current Community Improvement Project – (CIP/Brownfields) areas, which allows for provision of “tax assistance, grants or loans to assist in the rehabilitation of lands and/or buildings within the defined Community Improvement Project Area.”