According to the the Annapolis County Spectator, the company has opted not to purchase 25 acres of land in the Granville Beach area.
Cooke spokesperson Nell Halse said: “Tests have determined that the land is not suitable so we are no longer considering this property.”
News of the withdrawal is being greeted enthusiastically by the Granville Rate Payers’ Association. The association has been campaigning against the proposed development.
“We’ve been notified by the realtor that the property is back on the market,” said spokesperson Dr. Hague Vaughan. “It’s very happy news.”