Quote:
Originally Posted by josh_cat_eyes
Could Crombie be considered a national player if they redevelop 1222 Main Street? I’ve seen renderings of what they’re capable of and it’s rather impressive. I wonder what other national players there could be if you include Aquillini and Crombie.
*Edit*
So I did a little research, one company that is national, and already has a local presence is Skyline Apartments. They currently own Chateau Mapleton and some apartments in the surrounding area as well as some apartments in downtown Dieppe. They also have built a 15 storey mix use building on seapoint road near burnside in Dartmouth. It is a high quality development. I wonder if they would consider downtown Moncton for a location of a new development.
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Crombie is absolutely a national player. They're no longer looking at leasing 1222 Main Street, as the market office space has dried up. They've had ample time to consider options for this property, and it's more than obvious that residential is the way to go.
If you look at the map of this area, there's a lot of land that could be developed here. Such as the area between 1222 and the Avenir center, as well as the property of the decrepit telegraph building. Then there's all that surface parking behind the old telegraph building and the 1234 Main St. building.
There's so much untapped potential here.
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