The AP Group of Companies, the owner of the Flavelle sawmill, located in Port Moody, B.C., has announced their intention to cease operations at the mill in late Octobre. There has been a continuous forestry operation at the waterfront site since 1905. Citing disproportionately high municipal property taxes” that hit $2.4 million in 2019 from $1.6 million the year before and a substantial increase in lease rates on the water lots it uses for log storage on Burrard Inlet, Surinder Ghog, CEO of the AP Group of Companies, informed the 70 Flavelle employees on Monday afternoon of their decision to close the mill. There is a potential path forward for redevelopment of the 14-hectare site into some 3,400 condo units in towers up to 38 story’s, according to an initial master plan the company proposed to the city of Port Moody in 2018.
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