Last September, Truro (Nova Scotia) town council discussed the proposal of a three-storey development, which would be modelled after Dartmouth Crossing, on Wade Road across from Kent Building Supplies. The $30-million proposal with Halifax developer John Hampson projected 20 stores and a three-storey office development that was expected to generate about 125 permanent jobs.
Those plans, which were estimated to cover 140,00 square feet, don't appear to be happening, said Jason Fox, the town's director of planning and development. Fox told the Truro Daily News on Monday (June 4) that there is reason to believe the major project may not happen.
"We've been waiting to hear back from the developer and we haven't heard anything. I have very little confidence because it's unusual not to hear from a developer after all this time," said Fox, adding the project has been "on the books" for about a year.
"Typically we would hear something in six months to have a development agreement."
Fox said he doesn't know what could be preventing the development.
"Maybe it's market conditions. I don't know."
In March, Hampson told the Truro Daily News he was also in the process of purchasing the former Truro Junior High School property for a condominium building that would include two 10-storey wings with a total of about 60 separate condos or apartment units.
It was estimated both developments would get underway during this year's construction season. The Wade Road project had previously been estimated to begin this spring.
Fox said once a year has passed a letter will be sent to Hampson asking his intention for the Wade Road proposal and whether it is still an option.
Truro Daily News