Developer reverses plan for Sydney waterfront hotel, returns to original building proposal
Doucet Developments says the hotel project fell through, intends to put up commercial and residential building
A developer who had planned on putting up a new hotel on the downtown waterfront in Sydney, N.S., is returning to its original plans after that project fell through.
The company now expects construction will start on a new commercial and residential building later this year.
“The hotel partner just has changing circumstances and competing priorities in the region, so they’ve decided that this time or at this phase, it’s not right for them,” said Douglas MacLennan, development manager with Tier Too Properties.
The property management company is associated with Bedford-based Doucet Developments, which won the exclusive right to develop Cape Breton Regional Municipality’s waterfront land in November 2022. …[Continue Reading]