The Globe and Mail reports in its Tuesday edition that plans are taking shape to redevelop 800 acres of Hamilton industrial land into a mixed-use urban waterfront. In a Globe special, David Israelson writes that the proposed Steelport covers the nearly 800 acres of historic -- but underused -- Stelco industrial land acquired by global investment firm Slate Asset Management. "We grew up in the area and we understand what redeveloping the site means for the city, as well as [for] the entire region," says Blair Welch, who, along with his brother, Brady Welch, founded Slate, which is headquartered in Toronto. Slate recently submitted its application to the City of Hamilton for a massive development project it trumpets as "Industry Reimagined." Slate plans to develop up to 12 million square feet of Hamilton waterfront that was home to the century-old steelmaker Stelco, which at its height in the early 1980s employed 26,000 workers. Its master plan aims to take advantage of the site's railway, road and port connections to build a modern, intermodal neighbourhood that is primarily industrial with some commercial and recreational amenities. Stelco filed for bankruptcy in 2007 and was acquired by U.S. Steel.