Youden Holding

It was first proposed back in May of 2007, now a housing development for Mahone Bay is on indefinate hold. Mayor Joe Feeney says Council is discussing a letter of intent to continue persuing the development with developer Bob Youden. However, Feeney says indicators are the development is not going to go ahead in the near future because of the economic environment. Youden's proposal for a 24 million dollar housing development on the Old School Lands, and the loss of a soccer field and nearby woods became the centre of a controversy that rocked the town. A Group of residents filed an appeal with the Nova Scotia Utility and Review Board over Council's decision refusing to rezone the property from residential to recreational use.