Sale of Hoyles-Escasoni Complex Finalized #nlpoli

Metro Environmental Ltd. was the only bid that was received on the Hoyles-Escasoni Complex.

Following a public tender process, the Department of Transportation and Works has finalized the sale of the Hoyles-Escasoni Complex in St. John’s for $650,000.

In November 2015, a public tender was issued for purchase of the buildings and lands. An Environmental Site Assessment, which was made available to bidders, indicated numerous hazardous materials in the building and soil contamination.