Restoration of Partridge Island is further on down the list of priorities for development in the city.
The General Manager of Saint John Waterfront Development, Kent McIntyre says the Coast Guard site next to Market Square, the Reversing Falls master plan and upgrading the Trade and Convention Centre supercede Partridge Island.
Talks have been going on with four developers about the Coast Guard site and one very seriously.
CHSJ News has been told an announcement could be made by the end of the summer.