(Saint John)-Things are progressing quite nicely with a developer for the former  Coast Guard site here in the city according to the Saint John Waterfront Development Corp.

Waterfront Development say it is in discussions with a developer about a project estimated to be between $80  and $100 Million Dollars.

The city has been talking about developing the site, for almost ten years  and in January 2011  bought the Coast Guard site from Fisheries and Oceans.

Waterfront Saint John looked at 20 proposals for developing the site before narrowing it down to the one currently being considered.