Quote:
Originally Posted by ScoutDog
I'm hearing this new development with have an 'ultra-modern' look and feel. Still no word on exactly what will be built.
|
Quote:
Originally Posted by MonctonRad View Post
In the T&T today that the new owner of the old Acadian Lines terminal off of St. George Street is Bill Hennessy, one of the investors behind FiveFive Queen.
The purchase price was slightly over $1M. Hennessy apparent stated to the paper that "development plans are underway".
It is encouraging to see that a serious developer has purchased the Acadian Lines property, but if history is to be our guide, there may still be a number of years before we see any activity on the site. Still, I now have hope that we may eventually see a quality development on this site and that the built up area in the east end of the downtown core may continue to slowly crawl northward towards St. George Street.
Downtown Moncton has always been disturbingly linear. It's about time that the downtown developed some breadth as well.....
|
If I'm not mistaken he is also the one who purchased the Empty lot in front of the old Acadian lines bus station facing St George.
If it is the case there might be a nice mixed use development there. with Commercial in front, and residential behind it.
Threaded Mode