New life for Bay Roberts busi­ness park

Pen­necon Limited gives town con­cep­tual park de­sign

The Compass - - FRONT PAGE - BY NI­CHOLAS MERCER

The pro­posed busi­ness park in Bay Roberts, on the draw­ing board for sev­eral years, ap­pears one step closer to re­al­ity.

This comes fol­low­ing a meet­ing be­tween Pen­necon Limited se­nior vice-pres­i­dent Ed Mur­phy and se­nior town of­fi­cials on July 9 at the coun­cil of­fice in Bay Roberts.

In that meet­ing, Mur­phy de­tailed some of the plans the in­ter­na­tional real es­tate com­pany has for the 60-acres of town land sit­u­ated off L.T. Stick Drive, near Vet­er­ans Me­mo­rial High­way.

These plans in­clude a con­cep­tual plan for the park, hav­ing worked with an en­gi­neer­ing firm on some as­pects, and go­ing as far as to hire a con­sult­ing firm that will ap­proach clients in hopes of at­tract­ing ten­ants.

The plan fea­tures 15 build­ing lots of var­i­ous sizes with en­trance from L.T. Stick Drive, which would run par­al­lel to the park.

“They laid out ex­actly what they’ve done,” said Bay Roberts Mayor Philip Wood. “I think they’ve put a sub­stan­tial amount of money into it.”

Al­though things seem to be pro- gress­ing be­tween the town and Pen­necon, there is still no deal in place be­tween the two par­ties. That is con­tin­gent on Pen­necon be­ing able to at­tract an an­chor ten­ant that will help bring other ten­ants on board. Wood and chief ad­min­is­tra­tive of­fi­cer Nigel Black could not of­fer in­sight into who that might be.

“They won’t sign a deal, and we won’t sign a deal, un­til they have at least one an­chor ten­ant in place,” said Black.

One thing that may catch the eye of ten­ants is the new Tim Hor­tons, open­ing just a short dis­tance from the en­trance to the pro­posed park.

“Ev­ery­body loves Tim Hor­tons,” said Black.

The news comes as work has ramped up at the site of the pro­posed Til­ton busi­ness park, now known as the Vet­eran’s Power Cen­tre.

Long time com­ing

The busi­ness park and Bay Roberts have a long re­la­tion­ship. The idea first popped up a decade ago and has passed through three may­ors – Wood, Wil­bur Sparkes and Glenn Lit­tle­john.

Loblaw Prop­er­ties Ltd., which op­er­ates the Do­min­ion store on Con­cep­tion Bay High­way, had orig­i­nally signed a let­ter of in­tent on May 14, 2012.

How­ever, that deal fell apart in July 2013.

They won’t sign a deal, and we won’t sign a deal, un­til they have at least one an­chor ten­ant in place. — Chief ad­min­stra­tive of­fi­cer, Nigel Black

“We’ve had some ups and downs, need­less to say,” said Wood.

But, the news brought to them by Pen­necon has mu­nic­i­pal lead­ers ex­cited for the fu­ture as the com­pany ac­cel­er­ates its plans.

“The bot­tom line is Bay Roberts is open for busi­ness and coun­cil­lors … are very ag­gres­sive in pro­mot­ing the town,” said Wood.

Photo by Ni­cholas Mercer/The Com­pass

Bay Roberts Mayor Philip Wood.

Photo by Ni­cholas Mercer/The Com­pass

Pen­necon Limited’s con­cep­tual de­sign for the pro­posed Bay Roberts busi­ness park.

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