The City of Castlegar is fielding an offer to buy a portion of the surplus airport lands next to the West Kootenay Regional Airport.
The city issued a public notice last week declaring its intention to sell almost three acres of land for $695,000.
The notice gives time for anyone with a concern to contact city hall, or any other parties who may be interested in the property to come forward.
The city is not releasing details about what will be built on the land.
The purchaser still has to complete their due diligence process, but Castlegar CAO Chris Barlow says if everything goes through, details will be available in about three months.
The plot of land legally described as Lot 2, District Lot 4598, Kootenay District Plan EPP 10768 is just a portion of the 39 acres the city owns in that area.
The purchaser is listed as 42 Real Estate, LLC of Dallas. Online, the company is described as a boutique real estate investment company with a primary focus on land acquisition and build-to-suit development.
In October 2017, at the request of a developer, the city changed the zoning of that portion of land to include cannabis production facilities. It is unclear whether the current offer on the table has anything to do with the previous zoning change.
Other permitted uses include shopping centres, department stores, hotels and restaurants.
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betsy.kline@castlegarnews.com
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