- Our Town
Tim Hortons deal officially dead
City residents hoping to get their double doubles are officially out of luck: the City of Grand Forks officially confirmed on Tuesday the long-awaited Tim Horton’s development deal is dead.
A press release issued by the city Tuesday afternoon stated that despite two extensions, the purchase and sale agreement was not completed before it expired.
“Despite significant work by both parties, the next step in the agreement was not met before the renewal limit of the PSA was reached,” reads a press release circulated by communication officer Cavan Gates. “Finalizing the access agreement with the Ministry of Transportation and Infrastructure was the next step in the process but the developer chose not to pursue it.”
The development was originally brought forward in the spring and was, at the time, expected to be completed before winter’s end. Updates from the city throughout the summer and early fall indicated the deal was still alive, despite the slow going.
The development, which would have also included a convenience store and an Esso gas station, was cause for debate both at city council and on social media. Some councillors welcomed the economic development opportunity, while others decried the environmental impacts of another drive-thru in the city. Likewise on social media, residents worried about the impact of another coffee shop on local business.
“Other steps in the development process include a Works and Services Agreement and drawings showing the form and character of the proposed buildings. The property remains for sale,” the release states.