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  #5821  
Old Posted Feb 15, 2011, 1:25 PM
OliverD OliverD is offline
 
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I can't see Fredericton having two stores, at least not initially. The northside Walmart is pretty quiet and from my experience is rarely busy.
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  #5822  
Old Posted Feb 16, 2011, 4:23 AM
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Helladog Helladog is offline
 
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Does this mean the Peel Plaza garage is under construction?


Source: Helladog's Son

Last edited by Helladog; Feb 28, 2011 at 4:32 AM.
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  #5823  
Old Posted Feb 16, 2011, 4:27 AM
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I think Target is going to follow the same pattern Wal-Mart did when they took over Woolco. Renovate their existing stores at first, then move out after a few years to newer, bigger stores.

If you want to note the kind of population base Target thinks they need for a store, look at Maine. They have 5 stores: Bangor, Augusta, Brunswick, Portland and Biddeford. The smallest of those markets (Brunswick and Augusta) are both slightly smaller than Fredericton; so I'm going to guess they want a catchment area of at least 100K within 20-30 km.

So I see them only keeping one store each in Fredericton, Moncton and Saint John, and they are definitely not going to keep any of the Zellers stores in northern NB. All 3 are definite targets (pardon the pun) to be replaced quickly by larger stores.
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  #5824  
Old Posted Feb 16, 2011, 11:58 AM
cdnguys cdnguys is offline
 
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Quote:
Originally Posted by kirjtc2 View Post
I think Target is going to follow the same pattern Wal-Mart did when they took over Woolco. Renovate their existing stores at first, then move out after a few years to newer, bigger stores.

If you want to note the kind of population base Target thinks they need for a store, look at Maine. They have 5 stores: Bangor, Augusta, Brunswick, Portland and Biddeford. The smallest of those markets (Brunswick and Augusta) are both slightly smaller than Fredericton; so I'm going to guess they want a catchment area of at least 100K within 20-30 km.

So I see them only keeping one store each in Fredericton, Moncton and Saint John, and they are definitely not going to keep any of the Zellers stores in northern NB. All 3 are definite targets (pardon the pun) to be replaced quickly by larger stores.
I don't see Target closing any Saint John location. The west side Zellers has an immediate catchment of approx. 25,000 people - with a large portion "loyal" to the west side not wanting to make the trek over the bridges to the east. It is also right in the center of the main shopping area for the area and there is currently no Wal-Mart. I can't imagine Target ceding that position to Wal-Mart as they would surely fill the vacuum. As for Zellers east Saint John - as the largest power centre area in the maritimes I cannot imagine them not having a store there - 70,000 in immediate area including KV. I don't know if comparing us to Maine is a fair comparison - the retail landscape is significantly different in the USA. For example, our main department stores are Zellers, Sears and Wal-Mart - whereas Bangor has Kohl's, JC Penney, Macy's, Target, Wal-Mart, Marshall's, TJ Maxx, Sears - all with the same catchment area as Moncton.

Last edited by cdnguys; Feb 16, 2011 at 12:17 PM.
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  #5825  
Old Posted Feb 17, 2011, 1:12 AM
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flwright flwright is offline
 
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Originally Posted by Helladog View Post
Does this mean the Peel Plaza garage is under construction?


Source: Helladog's Son
Yep -- started this morning. It was announced on the radio that Sewell Street will be closed for the next 12 weeks due to construction of the garage.
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  #5826  
Old Posted Feb 18, 2011, 5:46 PM
nwalbert nwalbert is offline
 
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Originally Posted by flwright View Post
Yep -- started this morning. It was announced on the radio that Sewell Street will be closed for the next 12 weeks due to construction of the garage.
Wow, they didn't waste any time getting started. Uptown is going to be a construction zone this summer. Especially if things get started at the Coast Guard site. I guess we are going to need a new name for that area soon.
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  #5827  
Old Posted Feb 20, 2011, 8:21 AM
RaginRonic RaginRonic is offline
 
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I'm just wondering...when both the courtrooms AND police HQ leave the City Hall building, how many floors will be vacated in total?
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  #5828  
Old Posted Feb 20, 2011, 4:21 PM
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mylesmalley mylesmalley is offline
 
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I haven't been following the Peel Plaza project as closely as I ought to, — RaginRonic brings up a good point. What's the plan for the rest of city hall? Are they going to renovate and lease it out to the private sector? Consolidate municipal offices and employees?
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  #5829  
Old Posted Feb 20, 2011, 6:40 PM
cdnguys cdnguys is offline
 
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Originally Posted by mylesmalley View Post
I haven't been following the Peel Plaza project as closely as I ought to, — RaginRonic brings up a good point. What's the plan for the rest of city hall? Are they going to renovate and lease it out to the private sector? Consolidate municipal offices and employees?
It's the opposite - the city leases city hall from the private sector. The building's owner is Morguard Corporation of Mississauga, ON.
http://www.morguardreit.com/mrc/portfoli...8b-1c55-11d4-836a-00a0c95e1c85&region=88
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  #5830  
Old Posted Feb 21, 2011, 1:40 AM
RaginRonic RaginRonic is offline
 
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Oh...and while I'm at it, does anyone know if all the land for East Point Shopping has been excavated? And if anyone knows what they've been up to lately? They haven't updated their site since last fall.
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  #5831  
Old Posted Feb 21, 2011, 1:22 PM
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ErickMontreal ErickMontreal is offline
 
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Agency has line on 650 new jobs
Business: Councillor not convinced that Enterprise Saint John is responsible for attracting new businesses

Published Monday February 21st, 2011
C1Reid Southwick
Telegraph-Journal


SAINT JOHN - The region's economic development agency says it courted officials with five companies last month that may set up operations in the area, with the potential of creating 650 new jobs.

Enterprise chairman Tony Gogan said the investment attraction efforts are routine for the agency, whose work reportedly helped create more than 1,000 full-time jobs in Greater Saint John over the past several years.

"At any point in time, we'll have anywhere from 10 to 25 active files on the business attraction side," Gogan said in interview. "We've got at least two in our project list right now that would be well over 100 employees each," he said.

The Enterprise group released a monthly bulletin for January to prove to area residents and common council that their tax dollars are being spent on improving the region's economy.

City councillor Bill Farren, who has been critical of Enterprise, said he wondered how many of the potential new jobs the agency would be entirely responsible for attracting to the city.

Farren said he realized that Enterprise has been involved with helping companies start up in Saint John, but he wanted to know how many jobs and companies have come to the city as a direct result of the agency's efforts.

The west side councillor said he would use that information to evaluate the group's performance as council decides in the coming months on the future economic development model for the city, which may not involve Enterprise Saint John.

"We need Enterprise Saint John to help these people overcome some of the hurdles (when setting up in the city), but that's not the only job that they are there to do in my mind," Farren said. "They're there to attract other businesses that otherwise do not know what Saint John has to offer."

Enterprise Saint John reported in its bulletin that its officials hosted 18 potential immigrant investors from China, Vietnam and South Korea last month, amounting to almost one meeting every business day. Immigrant investors typically start up or acquire small businesses with fewer than 10 employees, Gogan said.

Enterprise Saint John also administers a small business fund for the Atlantic Canada Opportunities Agency, providing startup cash for fledgling firms. Last month, the agency provided five companies with a total of $69,000, including the architectural firm ACRE Collective and the historic restoration and stone carving company Stonecutter's Edge.

Steve Carson, the group's president and CEO, did not identify the much larger companies the agency is trying to lure to the region, but he said Enterprise officials have been courting them for the past eight or nine months.

Carson said it's difficult to know how likely it is that any of those five companies will end up relocating to Saint John. More generally, he said Enterprise deals with two or three dozen promising prospects at any one time; of those, officials would be optimistic that "several" would come to Saint John, Carson said.

According to the Enterprise bulletin, the agency has helped create about 1,000 new jobs with its business attraction efforts. Among the new operations are E.S. Fox's fabrication shop at the Spruce Lake Industrial Park and Dalhousie University's medical education program at Tucker Park, Carson said.

While many people were involved with attracting the medical education program to the city, Carson said an Enterprise staffer was assigned nearly full time to work on that file for two years.

The economic development executive cautioned that about 90 per cent of the new jobs that have been created in the region over the past several years have come from existing businesses expanding. And he said Enterprise officials have had a hand in those efforts, resulting in expansions in the professional services and information technology sectors.
___________________________________________________________________________________________________


Good news coming today
Business: Significant funding announcement expected today to aid cruise ship industry

Published Monday February 21st, 2011
C1
MIKE MULLEN
TELEGRAPH-JOURNAL


While Weston stopped short of saying how much the feds will be kicking in, he did say, "The announcement will better position us strategically to handle more cruise ship traffic in the future."

With the trend toward larger cruise ships, port officials have been pressing federal and provincial officials to help fund infrastructure updates that would expand the berthing capacity of the local port so it can attract more cruise ship business.

They held a public meeting with major stakeholders last year and, during the provincial election campaign, Alward said his government would be supportive of such a move.

In an interview printed in Saturday's Telegraph-Journal, new port authority president and CEO Jim Quinn said he was anticipating some good news on that front soon.

"What happens is that, in this deal, it's an $18.6 million venture," he said. "The port will pay half and the other two levels of government will pay 25 per cent each.

"Any discussion I've had with officials of the provincial government have been very, very encouraging and I would say that any discussions with the federal government have been very, very encouraging, and so we're still expecting that we will hear good news from those levels of government in the not-too-distant future."

The proposed renovations would allow two ships of more than 300 metres to dock during the high-traffic days. Port officials have said Pugsley C and Long Wharf terminals need increased berthing capacity, and there are plans to add a new overhead walkway and extended gangway system to Pugsley C.

Right now, strong currents prevent larger vessels from docking.

In Saturday's story, Quinn said the project advanced by the authority is important in that it "will position Saint John in a manner that will allow us to accommodate two of the very largest of cruise ships on any given day, as well as smaller cruise ship."

Weston noted Sunday that accessing capital for port infrastructure was one of the four priorities he campaigned on in 2008. The others were the Saint John Harbour Bridge, safe and clean drinking water and more affordable housing.

"Citizens of Saint John, they all understand how important this (cruise ship) industry has become," he said.

"It started out by accident and has grown to be such an important part of our economy."

Last year, the Port of Saint John exceeded 200,000 passengers in a single year and welcomed its 1.5 millionth cumulative cruise guest with the two millionth predicted to occur in the next two years.
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  #5832  
Old Posted Feb 21, 2011, 2:24 PM
nwalbert nwalbert is offline
 
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Although I would take any job numbers coming out of a government agency, like Enterprise Saint John, with a grain of salt, it is very encouraging to see the level of Asian investment that continues to show interest in the city.

I was in the city market last week and purchased from a couple of vendors who were Asian and new to the city. It is encouraging to see new products to purchase as well as new businesses starting.

I think this speaks very well for the long term success of the city. Inter-province migration can only occur for so long, to be successful we need to be able to attract immigrants which Saint John is doing very well right now.
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  #5833  
Old Posted Feb 22, 2011, 7:35 PM
Joe Joe is offline
 
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With the port taking up all the funding in this region and other airports recieving funding, it appears the SJ airport is on the outside looking in.
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  #5834  
Old Posted Feb 23, 2011, 1:56 PM
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JHikka JHikka is offline
 
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Originally Posted by Joe View Post
With the port taking up all the funding in this region and other airports recieving funding, it appears the SJ airport is on the outside looking in.
With all due respect, the only other city with a major port is Halifax (and maybe Sydney).

I wouldn't worry too much about the ports of Moncton and Fredericton, myself.
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  #5835  
Old Posted Feb 23, 2011, 2:53 PM
Joe Joe is offline
 
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^^^
You think I'm talking about ports in those cities? What I am referring to is the lack of any funding for improvements at the SJ AIPORT. Other AIRPORTS in Atlantic Canada recieved funding for improvements, all the funds destined for SJ went to the PORT.
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  #5836  
Old Posted Feb 23, 2011, 4:24 PM
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JHikka JHikka is offline
 
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Originally Posted by Joe View Post
...
all the funds destined for SJ went to the PORT.
Right. As they should have.

Neglecting the port in SJ would be a no-no. I'm not too concerned about the SJ airport if I can fly international out of Moncton or Halifax. I can be in Hampton by the time it takes me to get to the Saint John Airport.
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  #5837  
Old Posted Feb 23, 2011, 5:55 PM
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Originally Posted by GregHickman View Post
I wouldn't worry too much about the ports of Moncton and Fredericton, myself.
Ignore us at your own peril, Greg.
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  #5838  
Old Posted Feb 23, 2011, 6:07 PM
nwalbert nwalbert is offline
 
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Originally Posted by GregHickman View Post
Right. As they should have.

Neglecting the port in SJ would be a no-no. I'm not too concerned about the SJ airport if I can fly international out of Moncton or Halifax. I can be in Hampton by the time it takes me to get to the Saint John Airport.

I agree partially with you here. Agreed that the money is much better spent at the Port than the airport in SJ.

Frustrated however to see both Fredericton and Moncton get ~$5M for their airports. I have not seen what the plans are in Fredericton, but Moncton plans to extend the runway. They already have an 8000 foot runway which is more than sufficient. I don't see any benefit of a 10,000 foot runway when there are not enough passengers to justify the planes which require those runways.

I would have rather seen $10M go to the Moncton airport to do something to help get an International flight. Moncton currently only has one trans border and its limited schedule makes it useless to anyone outside of Moncton. You are much better driving to Bangor.

For SJ, I think we did quite well. The port contributes more to our economy than the airport ever will.
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  #5839  
Old Posted Feb 23, 2011, 6:20 PM
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I imagine the reason why the 6,000' (secondary) runway at the GMIA is being lengthened to 10,000' is to attract the large freighters (747's and such) that are currently bypassing the region. This is the reason why the runway at Halifax Stanfield is being lengthened as well. They had a 747 freighter crash on take-off at Halifax about five years ago. The reason why the 747 crashed was principally because the flight crew miscalculated the thrust at take-off, but a longer runway might have given them more options.

The longer runway will be pretty meaningless in terms of attracting new passenger routes to the GMIA. About the most I'm hoping for are new passenger routes to St. John's and Boston (although a direct flight to Calgary might be nice too).
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  #5840  
Old Posted Feb 23, 2011, 6:45 PM
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mylesmalley mylesmalley is offline
 
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Originally Posted by GregHickman View Post
I wouldn't worry too much about the ports of Moncton and Fredericton, myself.
Double Post

Last edited by mylesmalley; Feb 23, 2011 at 6:55 PM.
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