The Official Moncton, NB Project Thread

[mylesmalley]

Originally Posted by David_99

Definitely. In the same vein Moncton needs to develop the side streets leading to the boardwalk park. A nice gateway. Right now if I'm walking downtown and want to go to the park, I end up cutting through the parking lot between Blue Cross and Studio 700.



Hell yes. I drive my wife to work every day on Lutz and it is pitiful. I was almost disappointed when they added the expansion to the old Hawk building on the corner because I thought it would have been a great opportunity to expand Lutz to at least 3 lanes at the intersection and resurface everything below Main as you suggested.

I really think it's one of those 'if you build it, they will come' sort of situations. A year or two ago, someone proposed building a pretty big condo project on Lutz. It wouldnt' surprise me that it fell through because of the embarrassing state that road is in. I think if the city made an effort to fix it up, you'd see that street and it's many empty lots get developed rather quickly.

[mmmatt]

Originally Posted by mylesmalley

I really think it's one of those 'if you build it, they will come' sort of situations. A year or two ago, someone proposed building a pretty big condo project on Lutz. It wouldnt' surprise me that it fell through because of the embarrassing state that road is in. I think if the city made an effort to fix it up, you'd see that street and it's many empty lots get developed rather quickly.

I agree. That street needs a lot of work. Hopefully it will come to the forefront soon enough.

[bam63]

I noticed they are doing soil testing today at the proposed condo project on main next to Staples.

[ErickMontreal]

The average rental apartment vacancy rate decreased in Moncton from 4.3 % to 2.4 % from October 07 to October 2008.

Here`s the tables of vacancy rates :

http://www.cmhc.ca/en/corp/nero/nere/2008/images/Table-1_E_revised_2.gif

[mmmatt]

Originally Posted by ErickMontreal

The average rental apartment vacancy rate decreased in Moncton from 4.3 % to 2.4 % from October 07 to October 2008.

Here`s the tables of vacancy rates :

http://www.cmhc.ca/en/corp/nero/nere/2008/images/Table-1_E_revised_2.gif

Awesome! So many new apartments lately, good to hear they are being filled quicker than built

[mylesmalley]

Originally Posted by bam63

I noticed they are doing soil testing today at the proposed condo project on main next to Staples.

What? Already? I thought that was months or more away.

[mmmatt]

Originally Posted by bam63

I noticed they are doing soil testing today at the proposed condo project on main next to Staples.

Wow, that was fast...now lets see some renders!!

Im hoping for 6 floors AT LEAST...hopefully its 7 or more, that would certainly make my day/week/month haha.

[mylesmalley]

Downtown Moncton to get $10M condo
Published Tuesday November 4th, 2008

80-unit condominium, commercial development to be built on Main St. just outside of Dieppe
C2
By Brent Mazerolle
Times & Transcript Staff

Moncton's downtown is poised to get just the sort of eastern gateway it has been seeking for years. Moncton's city council divulged last night that an 80-unit, high-rise condominium and commercial development will be built on land at 299 Main Street, between the Staples store and Harper Street.

The news became public after council voted yesterday in private session to sell the city-owned land to developer Valmond Robichaud for $204,000. The decision was inspired by the fact the city will receive $250,000 per year in property tax from the completed development and because the proposed development is in keeping with the city's established development plan for the area.

Robichaud, whose past projects include the Manoir Notre Dame and adjacent Robichaud Apartments complex of seniors housing on Moncton's Murphy Avenue, is expected to spend about $10 million on the downtown project. Expected to be six or seven storeys high, the building will also have an estimated 15,000 square feet of commercial space on the ground floor.

A community created vision for downtown development in 2006 called for the land in question to be used in just such a way.

"Frankly if we could find a way to have more development of this type in the downtown, we would benefit tremendously," Mayor George LeBlanc said as council publicly ratified the decision.

Under the deal, the developer will have 24 months to complete the project or else the contract of purchase and sale will be nullified. Typical in such contracts however, it would be council's option to extend the development deadline if it saw fit. Council was also told the contract will require the building be completed in substantial conformity with the plans that were presented to council.

[bam63]

Originally Posted by stu_pendousmat2

Wow, that was fast...now lets see some renders!!

Im hoping for 6 floors AT LEAST...hopefully its 7 or more, that would certainly make my day/week/month haha.

1st floor is commercial with 80 condos on top.At six floors it would need to be one huge footprint.Seriously i'd like to see ten floors,that area would become an extension of downtown.

[MonctonRad]

Originally Posted by mylesmalley

Downtown Moncton to get $10M condo
Under the deal, the developer will have 24 months to complete the project or else the contract of purchase and sale will be nullified. Typical in such contracts however, it would be council's option to extend the development deadline if it saw fit. Council was also told the contract will require the building be completed in substantial conformity with the plans that were presented to council.

So.......it has to be completed in two years. A high quality 7-8 storey building likely would take at least a year to construct. This means that construction will have to start by next September at the latest. Somehow I'm not surprised that they are doing soil testing right now.

[Sony500]

It will be nice to see that old building taken out of there and replaced with this building

[mmmatt]

Originally Posted by Sony500

It will be nice to see that old building taken out of there and replaced with this building

Very true...I look at that lot and think "It needs less random vacant yellow garage, more condo tower" haha

Seriously though, I am very happy to see this development have some action, and hopefully we will see a crane up on that site in 2009! That would be two downtown this coming year (Im assuming a building of the Justice centers size will require a tower crane)

[mylesmalley]

Originally Posted by bam63

1st floor is commercial with 80 condos on top.At six floors it would need to be one huge footprint.Seriously i'd like to see ten floors,that area would become an extension of downtown.

The T&T tends to underestimate height.

There was an article a lng while back about a new courthouse. They said it would be in the range of 125,000 sq/ft, and the Transcript estimated that it would have to be 'at least two floors'

[mmmatt]

Originally Posted by mylesmalley

The T&T tends to underestimate height.

There was an article a lng while back about a new courthouse. They said it would be in the range of 125,000 sq/ft, and the Transcript estimated that it would have to be 'at least two floors'

HAHAHA! man that would be one massive building!! It wouldn't fit on the beaver lumber site that's for sure.

Well if they were off by more than 1/2 on that building maybe we can assume this condo will be in the 12-14 floor range??? haha, I highly doubt that however. 10 would make my year

[mmmatt]

Heres an interesting pic I found (however I doubt the Moncton one will be nearly this nice) this is a 78 unit condo tower:


credit: www.spokesmanreview.com

14 floors...however this tower has 2 levels of parking on the bottom, but still, that tells us that a 78 unit condo building = 12 floors with a sizable footprint. In other words, if it ends up being less than 8 floors expect a huge footprint.

[mylesmalley]

Originally Posted by stu_pendousmat2

Heres an interesting pic I found (however I doubt the Moncton one will be nearly this nice) this is a 78 unit condo tower:


credit: www.spokesmanreview.com

14 floors...however this tower has 2 levels of parking on the bottom, but still, that tells us that a 78 unit condo building = 12 floors with a sizable footprint. In other words, if it ends up being less than 8 floors expect a huge footprint.

You raise an interesting point. Where are people going to park? 80 unit condo tower would probably need 100 parking places. Unless they plan on tearing down the houses in behind on Harper Street, they're probably going to need one or two levels of parking. Plus, the lot is small enough, it'd probably have to be at least 7/8 floors to accommodate that much retail and 80 apartment units.

[MonctonRad]

Originally Posted by stu_pendousmat2

Very true...I look at that lot and think "It needs less random vacant yellow garage, more condo tower" haha

Seriously though, I am very happy to see this development have some action, and hopefully we will see a crane up on that site in 2009! That would be two downtown this coming year (Im assuming a building of the Justice centers size will require a tower crane)

I agree, there will almost certainly be two tower construction cranes in downtown Moncton for 2009. This should make for interesting times. The third downtown project for next year (the Ashford office building at Vaughn Harvey and Main) is only going to be four stories so I imagine that won't need a crane. Still, not bad for a recession!

[mmmatt]

Originally Posted by MonctonRad

I agree, there will almost certainly be two tower construction cranes in downtown Moncton for 2009. This should make for interesting times. The third downtown project for next year (the Ashford office building at Vaughn Harvey and Main) is only going to be four stories so I imagine that won't need a crane. Still, not bad for a recession!

Very true...one of the best construction seasons for Moncton in quite a while, not only those three buildings but the large Fed. building on Weldon will be finishing up in the summer as well. Construction expanding the "limits" of downtown on both ends of main, and also starting the much needed density on Assumption. Downtown is about to get much bigger

[bam63]

Originally Posted by mylesmalley

You raise an interesting point. Where are people going to park? 80 unit condo tower would probably need 100 parking places. Unless they plan on tearing down the houses in behind on Harper Street, they're probably going to need one or two levels of parking. Plus, the lot is small enough, it'd probably have to be at least 7/8 floors to accommodate that much retail and 80 apartment units.

I suspect the project goes deeper,by that i mean some houses will be torn down in behind the garage.When i went by this morning i also noticed stakes in the ground ,no orange paint though?

[JimiThing]

Originally Posted by bam63

I suspect the project goes deeper,by that i mean some houses will be torn down in behind the garage.When i went by this morning i also noticed stakes in the ground ,no orange paint though?

I know for a fact that some of the houses along Harper street are involved in this deal.