Mr. Penney has acted on behalf of claimants and expropriating authorities in determining compensation resulting from real property expropriation for public infrastructure improvements (partial and complete takings). Examples include:
various takings for the Eglinton Crosstown LRT (Claimants), VIVA Transit improvements along Davis Drive and Yonge Street, in the Town of Newmarket (Claimants); Subway extension (City of Toronto); and school sites (Toronto Catholic District School Board).

Various Mixed-Use Condominium Development Sites: Estimated the market value of numerous medium and high density residential (condo) development sites throughout the City of Toronto for the purpose of determining the appropriate cash-in-lieu of parkland payment. Clients include: City of Toronto, Menkes Development Corporation, Tridel Development Corporation, ONNI Group, Liberty Development Corporation, Concert Properties, Edilcan Development Corporation, Sorbara Group, Lamb Development Corporation, and Del-Ridge Homes.

Provided below is a summary of the cash-in-lieu of parkland appraisals completed in recent years:

Various Residential Condominium Development Sites: Valuation of high density residential condominium development sites for the purpose of determining the appropriate Section 37 payment and the market value of ‘bonus density’ to be acquired from the City of Toronto (per the North York Centre Secondary Plan). Clients include: Menkes Developments, Sorbara Group, Pinnacle Development Corporation, Great Gulf Development Corp.

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