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Province tries — again — to sell Digby Pines Resort

The Digby Pines is one of two signature resorts the province is still trying to sell. RYAN TAPLIN • FILE
The Digby Pines is one of two signature resorts the province is still trying to sell. RYAN TAPLIN • FILE - file photo

The provincial government is hoping the third time is the charm when it comes to finding a buyer for the Digby Pines Golf Resort and Spa.

A tender has again been issued for the resort, through the Waterfront Development Corporation.

The company says the resort is the same as when it was last put up for sale in 2016, but the economy is different.

“Since then, market conditions have improved and tourism has increased,” said senior communications manager Kelly Rose.

There’s no asking price for the resort at this point — that will be handled in negotiations with the successful bidder.

A public tender issued on Monday is looking for a real estate brokerage to help with the sale. Previously, Cushman and Wakefield Atlantic held the listing and the company will be able to apply again.

The tender says the successful applicants will have six weeks to report on the best course of action for the resort, specifying that the resort may or may not be sold as a result of the study. The tender also says the province may hold on to the furniture accompanying the resort, depending on how negotiations with interested parties go.

The provincial government has owned the resort since 1965. It is operated by New Castle Hotel and Resorts on behalf of the province. New Castle has been made aware of the third attempt to sell. The company had its agreement with the province renewed earlier this year until 2020, with an option for another renewal in the future.

The resort, overlooking the Bay of Fundy, employs eight full-time and 146 seasonal employees.

The province spent $7.7 million on the resort between 2003 and 2007 to upgrade the golf course and spa. In 2012, another $1.3 million was spent on cosmetic upgrades, including furniture.

There are 86 guest rooms in the resort, including six suites. Around the grounds are 31 cottages containing a total of 62 rooms, all including air conditioning. There’s also a 200-person restaurant on site, as well as a reception hall that can host up to 350 people.

The sale of the resort can include all accompanying maintenance buildings, staff buildings, and even all the golf carts.

The tender will close on June 28.

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