Busi­ness park achieves im­por­tant mile­stones

Spa­niard’s Bay de­vel­op­ment to be­gin “sooner rather than later,” says Lun­dri­gan

The Compass - - FRONT PAGE -

Town of­fi­cials in Spa­niard’s Bay have con­firmed that two ma­jor mile­stones have been re­al­ized in the de­vel­op­ment of a sprawl­ing new busi­ness park.

Mayor John Drover con­firmed Aug. 28 that coun­cil has en­dorsed a plan to bor­row up to $3.8 mil­lion to in­stall wa­ter and sewer in­fra­struc­ture to the park bound­ary.

The town and Vet­er­ans De­vel­op­ment Park (Phase 1) Inc., the com­pany be­hind the project, have also signed off on a de­vel­op­ment agree­ment that will en­sure work at the site be­gins “sooner rather than later,” said Robert Lun­dri­gan, a spokesman for Vet­er­ans De­vel­op­ment.

The agree­ment was signed at the Spa­niard’s Bay town hall on Aug. 27, prior to a reg­u­lar coun­cil meet­ing.

It’s a ma­jor step for­ward in what is be­ing de­scribed as a “mas­sive com­mer­cial undertaking” in Con­cep­tion Bay North.

Mayor Drover and Lun­dri­gan said more de­tails on the project will be made pub­lic in the com­ing days.

This is “very good” news, said Drover. “There’s a lot of in­for­ma­tion we can’t re­lease yet.”

Vet­er­ans Memo­rial Busi­ness Park is a 240-acre site in Til­ton, just off Vet­er­ans Memo­rial High­way.

The ven­ture has been gen­er­at­ing buzz in the re­gion for sev­eral years, with pro­po­nent Brad Roberts sug­gest­ing the busi­ness park will “cre­ate a world of op­por­tu­nity for the whole western Avalon.”

It’s been con­firmed

that Kent Home Im­prove­ment will be set­ting up shop in the park, and ac­cord­ing to the com­pany’s web­site (http://bradroberts­de­vel­op­ments.c a/ ), “We have suc­cess­fully landed a ma­jor gro­cer an­chor ten­ant to ac­com­pany the new Kent store.”

Much of the site was cleared of veg­e­ta­tion two years ago, but lit­tle vis­i­ble since.

Lun­dri­gan said the sign­ing of a de­vel­op­ment agree­ment with the town clears an­other ma­jor hur­dle in the process. He said sen­si­tive ne­go­ti­a­tions are con­tin­u­ing with po­ten­tial oc­cu­pants of the park, and noted, “this is an ex­cit­ing time.”

progress

has

been

seen

Photo sub­mit­ted by Robert Lun­dri­gan

Brad Roberts (front, left) of Vet­er­ans De­vel­op­ment (Phase 1) Inc., and Spa­niard’s Bay Mayor John Drover sign a de­vel­op­ment agree­ment for the pro­posed Vet­er­ans Memo­rial Busi­ness Park on Mon­day, Aug. 27. In back are, from left, town man­ager Tony Ryan and coun­cil­lors Wayne Smith, Tony Do­minix and Eric Jewer, Deputy Mayor Tony Men­chions, and coun­cil­lors Bren­day Sey­mour and Sherri Collins.

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