Project Riverwood represents a substantial portfolio of professionally managed timberlands located primarily in York and Carleton Counties, New Brunswick. This well-consolidated, freehold ownership combines a productive timber resource, established forest management infrastructure, and opportunities to explore additional natural capital and land uses.
Situated primarily south of the Saint John River, between the Canadian–U.S. border and New Brunswick Highway 3, the property benefits from proximity to Fredericton and access to regional forest products markets, including Saint John, Moncton, and Miramichi.
Historically managed in conjunction with the AV Nackawic pulp mill, Project Riverwood has benefited from an integrated approach to timber production and long-term forest stewardship. Management practices have focused on maintaining spruce and aspen resources while increasing the average age of northern hardwood stands.
With approximately 90% of the property classified as productive forestland, Project Riverwood supports an estimated 4.35 million cubic meters of standing timber inventory, equivalent to approximately 16 cords per acre.
Timber Inventory Composition
- 44% Spruce-Fir
- 27% Aspen-Birch
- 20% Northern Hardwood
- 9% Other Softwoods
The property's diverse species composition, established management history, and substantial standing inventory provide a strong foundation for continued timber production and future asset management strategies.
Unencumbered by conservation easements or carbon agreements, Project Riverwood offers buyers the flexibility to evaluate a range of natural capital and alternative land use opportunities in a forest market where large-scale, quality timberland ownerships with unrestricted fee simple title are increasingly uncommon.
The property also supports a limited number of recreational and commercial leases, providing an existing framework for supplemental income. Its location within an attractive recreational and residential region of New Brunswick creates additional potential to evaluate select parcels for retail disposition or higher and better use (HBU).
Project Riverwood is being marketed through a single-stage bid process. Qualified prospective purchasers are encouraged to request access to the confidential data room and arrange property inspections during the scheduled executive tour periods.
Important Dates:
Data Room Opens October 27, 2026
Executive Tours November 10–13, 2026
Executive Tours November 30–December 4, 2026
Sealed Bids Due December 17, 2026
To receive additional offering materials and access the data room, interested parties should complete and return the Confidentiality Agreement.
Project Riverwood is presented by LandVest in partnership with The Drisdelle Team | KW Capital Realty