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Encouraging Southside Development in Wallaceburg

In a bid to assist potential developers invest in the south side of downtown Wallaceburg, Chatham-Kent council, during their online meeting being held tonight, will look to approve buying a vacant narrow piece of property on McDougall Street near the downtown walking bridge.

The land, which is currently zoned as commercial, is available for purchase for $40,000.

If council approves the purchase it could be another piece in the puzzle for a potential developer.

Chatham-Kent already owns a good chunk of vacant land in the area on the south-side of the Sydenham River, and if a potential investor in found, the municipality could recover its purchase costs by selling the land to a developer as part of larger parcel, which would be ripe for residential and commercial development.

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