Saturday, March 31, 2012

City Can't Pass on Beauport's Hotel Investment

published March 12, 2012
Despite the opposition’s ongoing spin citing the Fort’s recent marine industrial
rejuvenation, the cold, hard facts remain that this marine industrial zone dramatically
mirrors the demise of the local fishing industry as we once knew it.

From Beach Court along Commercial Street, around Fort Square to Parisi’s harbor front
(formerly Mariners-O’Donnell-Usen) prop., there has been no waterfront generated investment
of any magnitude in 50 years.
These undeveloped prime waterfront properties, including Amero’s (Cape Ann Fisheries), Curcuru Fresh Fish Wharf and Producer’s Harbor Front property, now owned by the city (taken in 2010 for past due taxes), have not attracted any outside marine related private investment for over five decades!

Where are the opposition’s alleged viable, solid “marine industrial opportunities”? Where
are the water acidification plants and bio labs? Why haven’t these proposed marine science oriented investors knocked on our door years ago?
The fact is, only a few marine related businesses currently operating on Commercial Street in 2012 can actually justify being in this marine industrial zone. Good Harbor Fillet moved to Blackburn Industrial Park years ago and North Atlantic Fish recently sold out; still others could exist away from Harbor Cove. The ice company manufactures ice cubes elsewhere. Its 350-ton daily output is history and it now sells T-shirts and offers tours to stay alive....faced with a recently announced 23% water increase, they are already crying! Ocean Crest and Neptune Harbor, like all remaining fish businesses (despite the positive spin) are struggling along with others I'm told, to fill their fresh fish orders. Neptune Harvest Fertilizer is dependent on a continually diminishing fish waste supply as they anxiously await the latest round of industry quota reductions from on high....NOAA.
Now we have a local investor, Beauport Gloucester, seeking to commit 20 million dollars, removing an obsolete waterfront eyesore and erecting a first class hotel, an improvement for our entire city.
This is a ”cash cow”, waiting with a solid economic remedy, no strings attached!
This is an opportunity that can’t be passed by. THE DAYS OF SAIL ARE OVER!

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