Site Redevelopment
Hub Oil is committed to redeveloping the site to the highest-and-best-use. One development being considered is a technology incubation centre as proposed in the Report commissioned by the Government of Alberta entitled Task Force on Value-added and Technology Commercialization. The Report recommended the creation of new product commercialization centres. Such facilities and services would help Alberta start-up and growth-oriented firms develop new products and services. Examples of sectors of focus would include: green technology, life sciences, advanced materials, nano-technology and geomatics.
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“The present hour is always wealthiest when it is poorer than the future ones, as that is the pleasantest site which affords the pleasantest prospects.”
—Henry David Thoreau (18171862)