[Moncton] Northwest/Magnetic Hill Developments

[jnaygull]

That will be a traffic clusterbomb if they don't put lights on it at some point. One would think they would put lights on that, and close the current entrance off of Mtn Road to Sobeys/Dairy Queen to improve traffic flow.

[monctonwatch]

the shannex property was an inheritance, McCrea estate, where one of the heirs was holding out for a big enough payout, $6mil was the number that was often thrown around because I believe there were 6 heirs. It was for sale unofficially as a pocket listing but it was priced out of the local market until covid and land prices caught up with the ask. All part with 06778368, 06778392 and 01942514

[MonctonRad]

Firehouse Subs is coming to the Lounsbury Plaza on Mountain Road. Job adverts are posted on line.

https://www.firehousesubs.ca/

That's two high profile QSRs now coming to the Lounsbury Centre, Noodlebox has already been previously announced.

The Lounsbury Centre is stepping up their game!

[lirette]

I'd love to see some announcements on tenants coming to Horsman Road plaza now that the optical place has opened up.

[MonctonRad]

The excavation work that was ongoing at the Home 2 Suites site, next to the Hampton Inn has finished up. It appears it was only for a culvert and some underground piping work. No actual hotel construction ongoing.

The “coming soon” sign for the hotel is still there

[jonny golden]

I keep wondering if these projects that seem to be getting delayed are due to the interest rates forecast. Two more cuts anticipated this year, and again in January, March & April of 2025. It could make a big difference to a multi million dollar development.

[Monctoncore]

Originally Posted by jonny golden

I keep wondering if these projects that seem to be getting delayed are due to the interest rates forecast. Two more cuts anticipated this year, and again in January, March & April of 2025. It could make a big difference to a multi million dollar development.

Its possible. If you have this dangled in front of you, you probably would be willing to wait another 6-8 months before diving into a project. Though I would say any big developments would already be in the financial stages, so they may not be able to wait for the rates. I’m not sure, it’s above my pay grade.

[MonctonRad]

Traffic chaos on Mountain Road this morning near NBCC!!!!

They were doing roadwork where this new street will connect to Mountain Road.



Traffic was limited to one lane each way. I was 15 minutes late for work.

[jonny golden]

Traffic was limited to one lane each way. I was 15 minutes late for work.

The traffic in this area has been getting worse and worse over time.

[adamuptownsj]

Originally Posted by MonctonRad

They were doing roadwork where this new street will connect to Mountain Road.

Man I figured they'd be seriously reorienting the mall and NBCC parking lot entrances to the new road, and off Mountain, but this map indicates they're just adding new entrances.

What's with that gravel service road perpendicular to Preston Crescent that runs into the little park on the north end of Elmhurst? Is it solely to access the tower site? Probably won't be needed going forward.

[jnaygull]

Originally Posted by jonny golden

The traffic in this area has been getting worse and worse over time.

One has to wonder how much traffic will pick up on Ayer now that it will become more of an alternate arterial road to Mountain Rd.

[MonctonRad]

Infinity Aerials photo showing roadwork ongoing behind the NBCC where Worthington and Ayer will connect up with Mountain Road. You can see where the new roundabout is going.

[Leroy321]

Originally Posted by MonctonRad

Infinity Aerials photo showing roadwork ongoing behind the NBCC where Worthington and Ayer will connect up with Mountain Road. You can see where the new roundabout is going.

There could definitely be some student housing built behind there, it seems like a perfect spot