Developer Exits Musquodoboit Harbour Housing Project Amid Financial Struggles
Developer walks away from fast-tracked Musquodoboit Harbour project

Image: Cbc
John Wesley Chisholm, the developer of a planned 120-unit housing project in Musquodoboit Harbour, is selling his land after facing financial difficulties. He cites the provincial fast-track designation as a hindrance, leading to a loss of approximately $300,000.
- 01John Wesley Chisholm's Harbour Garden Village project was designated a special planning area in 2023.
- 02Chisholm has been planning the project since 2020 and faced pandemic-related uncertainties.
- 03The project stalled due to complications involving a long-term care home, The Birches, which required more land than initially agreed.
- 04Chisholm granted 19 extensions for the land transfer but ultimately decided to sell the property without completing the project.
- 05He will incur a loss of about $300,000 from the failed development.
Advertisement
In-Article Ad
John Wesley Chisholm, the developer of the Harbour Garden Village housing project in Musquodoboit Harbour, has decided to sell his nearly 20 hectares of land after running into financial difficulties, stating, "I ran out of time, I ran out of money." The project, which aimed to build 120 housing units and was designated a special planning area in 2023 due to its inclusion of a new long-term care home, faced significant delays. Chisholm began planning the development in 2020 but encountered complications when The Birches, the local care home, requested more land than initially agreed upon. Despite reaching a purchase agreement, the land transfer never materialized, with Chisholm granting 19 extensions to finalize the deal. Ultimately, he will incur a loss of about $300,000 as he walks away from the project, which he still believes in but feels unable to pursue further due to the financial strain and stalled negotiations.
Advertisement
In-Article Ad
The failure of this housing project may exacerbate local housing shortages and affect the community's access to long-term care facilities.
Advertisement
In-Article Ad
Reader Poll
What do you think about the fast-tracking of housing projects?
Connecting to poll...
Read the original article
Visit the source for the complete story.




