Quote:
Originally Posted by FrAnKs
^ I see so much potential along the river.
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Right along the river is mostly marshland, and is protected. I have no problem with this. There is bordering parkland and an extensive trail system. It's actually quite pleasant, and watching the ever changing river with the impressive tidal range and the bore is fascinating.
The new development is concentrated on formerly industrial lands between Main Street and the river. This has become an ocean of parking, but, this is rapidly changing. Ashford Group owns extensive lands sound of Main Street and is working with the city on a major development, including a revised street grid, underground utilities and a cluster of new buildings ranging from 10-20 storeys in height. Lafford Realty meanwhile has a project called the Three Sisters which will include three 15 storey apartment buildings. The first of these has just been topped off. They are about to start work on the fifth floor of the second building. In addition, Lafford just purchased some adjacent land south of Assumption Blvd (on the actual riverfront) with plans for a fourth tower, purportedly 20 storeys. I know of two other buildings 10-12 storeys in height in pre-development in the central part of the city, with an additional nine storey building as part of the Junction Urban Village (another multi building development at Main/Vaughan Harvey). People in city planning (sworn to secrecy) have hinted at other major projects in the works.
I am not exaggerating when I say downtown Moncton will be unrecognizable in 10 years time.