Nestled between the communities of Spaniard’s Bay and Tilton, the 240-acre development has been described as a power centre similar to Kelsey Drive in St. John's.
The return of equipment to the site coincides with the involvement of Paradise-based Karwood Realty.
The Newfoundland realty giant took over development of the project just under two weeks ago.
Wasting no time, Karwood set about completing its first order of business — shifting the current power grid.
The company is in the midst of digging a trench with plans of moving the power lines that run on the edge of the development.
Once that has finished, the company will move into its planning phase for the project.
“We’re working on some excavation on where the power lines have to be and what kind of fill areas have to be done and get that in line so we can get out engineering figured out,” said Karwood owner Hubert Hussey. “We’re going to do the same thing testing where our water lines go.”
Once this preliminary work is done the next step will be to lay out a blasting schedule.
Hussey anticipates the development portion of the project to start in the spring of next year.
A long wait
The Spaniard’s Bay site was first announced in July 2010, although the preliminary off-site work had been on going for two years prior to that.
Located near the intersection of Veteran's Highway (Route 70) and Route 73, on the Spaniard's Bay side of the highway, the site was quickly prepared for a devleopment to start.
Then, the town endorsed a plan to borrow up to $3.8 million to install water and sewer infrastructure to the park boundary in September of 2012.
However, there had not been much movement on the site since that time.
That is until Karwood moved in.
“It’s a good site to invest in,” said Hussey, whose father is from nearby Upper Island Cove.
Hussey called the decision to move in on the project a “no-brainer.”
“It’s the perfect area,” he said.
After completing his own study of the area from an independent standpoint, Hussey said the area passed with flying colours.
“That came in even better than anticipated,” he said. “All things point to it being a good site.”
Hussey said he sees promise in the development.
“I wouldn’t be spending the money I’m spending,” he said.
Excited for region
Brad Roberts has been at the forefront of this project since its inception.
He has a boundless energy for it, evident by the passion that comes through in his voice every time he speaks on the subject.
To him, its simple really.
“I’m excited for the region,” said Roberts.
He is excited to bring a big city amenity to the Trinity Conception Placentia region.
“I’m so much for my neighbouring communities,” said Roberts. “It’s all about the regional concept. It’s for everyone.”
The Spaniard’s Bay businessman serves as a consultant on the project.
Roberts meets with potential tenants, working as a go-between them and the developer, Karwood.
He called Karwood “one of the biggest developers on the island.”
Speaking of Hussey, Roberts said “everything he touches turns to gold.”
A developer the likes of Karwood is a necessity when tackling a project such as the Veterans Memorial Business Park.
“When you’re doing a big development like the one in CBN, this is what you need. You need the big players to come in and take care of this properly,” said Roberts. “They know the locations and they know what works.”