Future gains for Membertou
Land expected to be future asset for First Nations community
For Membertou Chief Terry Paul, developing Sydney harbour is key to this area’s future and, late last month, his community moved towards further securing that.
Membertou on Friday, April 28, purchased 70 acres of land that feature 1,000 feet of waterfrontage on Sydney Harbour. The industrial land is located between properties owned by Provincial Energy Ventures Limited and Logistec Incorporated in Sydney, with access to the Sydney Port Access Road.
“We feel this purchase is part of our mission to develop opportunities and employment that could be had in Sydney harbour — we’re committed to developing the harbour and the community of the area and we feel the purchase of this land is key in our mission to do that,” explained Paul in a telephone interview on Wednesday while he was on his way to Truro.
The acquisition comes five years after the acquisition of land and waterfront property in Sydport Industrial Park in the spring of 2012 which is now the home of Membertou Offshore Inc. Paul said it was too early to say what will go on their most recent purchase.
“We haven’t decided exactly what it will be but we know that there’s opportunities coming and we want to be right at the beginning of it,” said Paul. “We feel that whatever we come up with will help with the development of the harbour.”
The land was purchased for $1.2 million from Nova Scotia Lands and the whole deal took several months to be completed, Paul added.
Reaction to the deal was enthusiastic, with CBRM Mayor Cecil Clarke welcoming the move.
“This important investment by our First Nations partners builds on the momentum that is underway at our port and is a positive investment in the future prosperity of our community,” said Clarke.
Albert Barbusci of Sydney Harbour Investment Partners congratulated Membertou on the acquisition.
“We see future development of this land for advanced marine services, ship repair, offshore oil and gas support and dry docking,” he added.