PACIFIC Building Solutions intends to build its headquarters on 3.5 acres of the freehold land in Lot 1 Waibola.
This was revealed by their public relations manager Ana Coogen-Whippy.
However, according to the Department of Town and Country Planning, Lot 1 Waibola is classified a residential zone.
For PBS to proceed with development, the area would need to be rezoned — a decision which is yet to be reached by the director Town and Country Planning.
"PBS owns 3.5 acres of freehold land in Waibola. Our interest stems from the need to expand our facility to cater for all our businesses, which include subsidiary companies that now form part of the PBS Group of construction companies," Ms Coogen-Whippy said.
"Our Marine and Civil division (PMCS) owns and operates our fleet of tugs and barges hence the need to secure waterfront property."