VIDALIA — The property in the Vidalia industrial park once set aside for a biomass-producing industry has — for all intents and purposes — been put back on the market.

The Vidalia Board of Aldermen authorized leasing 132 acres in the industrial park to Hinterland, LLC, in July 2013, a project that would have created 50 new jobs and a $100 million capital investment in the area.

But after three years, some promised legislative changes in Europe that would have driven product sales never came to fruition leading investors in the project to back away from starting it, Concordia Parish Economic Development Executive Director Heather Malone said.

“They looked at other markets around the world, but the markets just weren’t there, so it made it a higher risk project,” she said.

After talking with company officials about the long delay in starting, the property has been placed back on the market and even shown to an industrial client, though Malone declined to say what industrial sector the potential client represented.

“(Hinterland) is willing to work with us, and we told them that if we did have someone else that was interested in the project, we would bring them up, and if they were ready to proceed (Hinterland) would have the right of last look on the property,” Malone said.

The company behind the Hinterland project is still interested in the area and is looking at other projects, she said.

Even though the project did not ultimately come to fruition, when it was still active it helped in the push for infrastructure funding for the Vidalia Port.

“It wasn’t a complete loss,” she said.