The Brantford developer says the plan offers the first "legitimate" public access to the area.
JOE BELANGER, SUN MEDIA
The LONDON FREE PRESS
A deal to build condominiums on the site of a former paint factory overlooking one of London's ecological and recreational gems could be done within weeks.
Brantford-based developer King and Benton is awaiting results of final soil tests before closing the deal with Minnesota-based Valspar Industries to buy more than 28 hectares at The Coves.
"This is one of the largest and most challenging brownfields in Ontario and, if everything goes well, we're hoping to do more business in London," Charest said.
"We've been treated very well by city officials, the neighbours, everyone."
Charest said the company hopes to use about eight hectares for low-rise condominiums, leaving the balance "for community enjoyment."
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