Nanoose Bay's Moorecroft Camp has been secured by the Regional District of Nanaimo and The Nature Trust of B.C. and the land will be turned into a regional park, RDN Chairperson Joe Stanhope announced at the site Tuesday morning.
As a condition of sale by the B.C. Conference of the United Church of Canada, the property will have a conservation covenant to protect the natural habitat and sensitive ecosystems in the park area.
"We are fortunate that the Regional District of Nanaimo was able to secure this property and to ensure that the environmental features that made it such an ideal camp can now be protected as a Regional Park," said Stanhope.
The 85-acre oceanfront property was listed at $7.95 million in September 2010. On March 2, 2011 the property will be purchased for $4.8 million. The camp's new name will be Moorecroft Regional Park.
As part of the purchase agreement with the RDN the Nature Trust is launching a fundraising campaign to contribute $500,000 of the purchase price.