After Nordic Aquafarms dropped its plans to build a $500 million land-based salmon farm in Belfast, the company has put its local land on the market for $2 million.
The site includes 54 acres at 285 Northport Ave., which is also Route 1. The property lies between Perkins Road to the north, and the Little River and Belfast Reservoir Number One to the south, according to a real estate listing.
Nordic Aquafarms originally bought the land from the Belfast Water District, and the property still includes two garages and a brick building that belonged to the district.
Besides selling off the property that would have housed its fish farm, Nordic Aquafarms has also been working to settle various lawsuits and other legal matters related to the project.
Nordic recently settled one of those cases with Upstream Watch, a local conservation group that originally formed to oppose the fish farm. After Nordic made claims against Upstream Watch, it pledged to pay the group $125,000, using three parcels of its Belfast land as collateral. It must pay the group within two years or upon the sale of any of the properties.
After Nordic announced its aquaculture project in 2018, it secured permitting for it and obtained the land where the salmon farm would be built.
But it faced many legal challenges from opponents of the project and failed to secure access to nearby intertidal land where it needed to lay pipes that would circulate water to the fish farm.