The city wants to fill up the former Esso property on Harbour Road. The site is on the waterfront.
Council agreed to write a letter to Devon Estates Ltd., which manages the property, and express an interest in the property.
The city received a letter from Devon Estates on Nov. 15, which outlined some of the firm’s short-term plans for the property.
Imperial Oil is in the process of completing assessment work required to obtain regulatory closure of the property from the Ministry of Environment, real estate manager Lawrence Eng said.
The company hopes to be able to obtain the necessary closure permits and sell the property by the end of 2012, Eng added.