N.S. scoops up land at Shannon Park for $16.8M, expects 600 affordable units to be built
Two parcels of federal land purchased for ‘well below market value,’ says provincial government
The Nova Scotia government is wading into the redevelopment of Shannon Park in Dartmouth, confirming to CBC News it is purchasing land for affordable housing at the former military site that has been largely vacant since 2017.
An order-in-council dated March 6 authorized the minister of public works to purchase the land from Crown corporation Canada Lands Company, but details are scarce about the Nova Scotia government’s plan for its new property.
“We expect about 600 units of affordable housing will be built there,” Gary Andrea, a spokesperson for the Department of Public Works, said in an email.
Andrea said the province paid $16.8 million for the property, which is “well below market value.” He said the two parcels of land off Princess Margaret Boulevard total more than 9,000 square metres, which is approximately the size of two football fields. …[Continue Reading]