[Moncton] Retail Thread

[micks5477]

Originally Posted by MonctonRad

Unless Day & Ross suddenly discovers that greed doesn't pay and lowers it's asking price............

If the ground at Day and Ross is contaminated with diesel and oil it could be years before Environment Canada releases the property safe to be built on.

[Ifyoubuildit]

Originally Posted by micks5477

If the ground at Day and Ross is contaminated with diesel and oil it could be years before Environment Canada releases the property safe to be built on.

If you look at Day and Ross land configuration, I don't think a modern Costco will fit on that land? Maybe the land mass behind it, such that Day and Ross terminal land itself would not be involved? The Costco would have an amazing presence on the top of that slope to both the TCH and Mapleton pulling off more traffic traveling back and forth across the province to shop and stay in the north end. I don't see nearly the same draw or positive impact on our economy compared with Harrisville which makes little sense. That said, Day and Ross would be better suited in an industrial park.

[L'homard]

I don't think it is terribly difficult to remediate the land of a trucking company. I know little about the topic but I'm basing this thought on how the former Highfield Square property was a railyard for decades durng an era when they disposed of all manner of poisons by dumping them on the ground.
Now its going to be a sports and entertainment emporium and apartment buildings.

[mctnguy]

Originally Posted by MonctonRad

Still no indication how this building will be subdivided, or who the tenants (officially) are going to be, but Thai Zone is rumoured to be one of the tenants.

The Irving paper has reported that it is indeed going to contain a ThaiZone.

https://www.telegraphjournal.com/telegraph-journal/story/47821199/new-thaizone-restaurant-to (Sorry, it's paywalled)

A second Thaizone restaurant will open in Metro Moncton after the first in Dieppe proved a hit. Christian Martin is the franchise owner for both the Dieppe location of the Quebec- based Thai fast food chain, and now the Moncton location.

He said that after the Dieppe restaurant did so well he looked to Moncton for a bigger pool of customers. “The population is bigger in Moncton and the response was good in Dieppe so we want to serve more,” said Martin.

“People were coming here and saying ‘we need one in Moncton north’ and we’ve found a good spot.” The new restaurant will be in a new strip mall now under construction on Mapleton Road, next to the Sleep Country. Since the restaurant is a chain, most of it will look the same as the Dieppe location, but Martin said there will be a few exceptions.

[pinkcat]

New here and not sure this is the right section, but does anyone have info on the Global Gym closing suddenly on Mapleton? And any chance a new gym moves in, possibly a 2nd Fit 4 Less?

[Hogie75]

Originally Posted by pinkcat

New here and not sure this is the right section, but does anyone have info on the Global Gym closing suddenly on Mapleton? And any chance a new gym moves in, possibly a 2nd Fit 4 Less?

I doubt fit4less would move so close to a good life (their sister company) but you never know. I could see it move into a strip mall closer to magnetic hill area on Mountain Road somewhere.

[Scarface]

Global Gym in Mapleton Plaza is Closed. With the XS Cargo, and Coop location closed as well it makes for a large vacancy in that area.

[J81]

Originally Posted by MonctonRad

Unless Day & Ross suddenly discovers that greed doesn't pay and lowers it's asking price............

It's D&R land! It is also highly sought after. If you owned a highly sought after piece of property you would throw out a ridiculous price as well. Somebody will pay it eventually. If not then fine. There's no rush for them to move. That building serves its purpose for them and a huge brand new building like MO just adds costs for them. They dont need a huge place anyway because all they do is cross dock freight meaning very little sits on the dock more then an hour.

[Sunnybrae]

Originally Posted by J81

It's D&R land! It is also highly sought after. If you owned a highly sought after piece of property you would throw out a ridiculous price as well. Somebody will pay it eventually. If not then fine. There's no rush for them to move. That building serves its purpose for them and a huge brand new building like MO just adds costs for them. They dont need a huge place anyway because all they do is cross dock freight meaning very little sits on the dock more then an hour.

Totally agree! People are making this out to be Day & Ross standing in the way of progress. Really? Then someone raised the "SAFETY" issue. Really? I would trust a professional tractor/trailer driver over any one else on the roads around there.

[mmmatt]

I 100% understand why D&R is trying to get top dollar for their property...it is highly valued at the moment...my point is they must see the forest for the trees and understand that the Costco offer will be the best they ever receive. If Costco pays now it will be under current market condition (area booming)...if Costco moves to Harrisville the area will no longer be booming and thus D&R property will lose value and there aren't that many other large retail giants desperate for space out there...they need a new space as its very much a dump (I've been inside as well). Armour, MO, Keltic, Midland etc all have much better facilities. And D&R is in a similar league to those folks and should have similar facilities in an industrial area.

All logic points to this being a chance too good to pass up for D&R and I just hope they realize that is all.

[Ifyoubuildit]

Originally Posted by mmmatt

I 100% understand why D&R is trying to get top dollar for their property...it is highly valued at the moment...my point is they must see the forest for the trees and understand that the Costco offer will be the best they ever receive. If Costco pays now it will be under current market condition (area booming)...if Costco moves to Harrisville the area will no longer be booming and thus D&R property will lose value and there aren't that many other large retail giants desperate for space out there...they need a new space as its very much a dump (I've been inside as well). Armour, MO, Keltic, Midland etc all have much better facilities. And D&R is in a similar league to those folks and should have similar facilities in an industrial area.

All logic points to this being a chance too good to pass up for D&R and I just hope they realize that is all.

Agreed, Day and Ross hold great land for development but no developer is going to pay premium dollar (nor can they) unless they have a major catalyst like Costco. Hypothetically if Day and Ross wants 10m, I am no engineer but I would guess there is easily another 10m in roads and site work needed. I doubt Day and Ross asking price would work with anything other than something like Costco to drive eventual return which could take years. I believe new Costco's are 160,000sqft and require about 20 acres of land. Tell me, when was the last time such a project came to Moncton? Remember Cabela's is only 50,000sqft and Bass was a retro-fit of an existing building (so minimum infra-structure costs). I would argue this is Day and Ross's only chance for about 10-20yrs otherwise it is worth half of what they want without a mega anchor. And where do you think the future large boxes will go if Costco leaves the north end? They definitely will not be talking to Day and Ross. Maybe my logic is crazy but just because you have a good piece of land it means nothing without a project. How long does a 40yr terminal last without needing major upgrades? Wouldn't this selling price get them a new terminal or close to it for free essentially?

[HanSoloCup]

Just for reference, here is Guelph Ontario's Costco which is a 148,000-square-foot building with a gas bar superimposed over both the Harrisville Blvd as well as the Day & Ross site.

[MonctonRad]

Good stuff.

It's nice to have comparison shots like this,

I'm afraid we're going to get option #1, but I would prefer option #2.

The main reason for my own personal preference is that I am afraid the loss of Costco from the Mapleton Road district would cripple further retail development in the area, and put some existing retailers at risk.

Costco is a huge traffic generator, and other retailers typically flock to the areas nearby to build new stores. A Costco at Harrisville would see a boom in new retail construction in the area but I think some of this could be relocations of retailers from Mapleton to the new shopping mecca.

I just don't like the idea of having a streetscape of empty retail storefronts on and near Mapleton. It would just replicate what is already happening in the central portion of Mountain Road.

It's best to have one (or in Moncton's case two if you count the Champlain Place district) major retail nodes. Harrisville would only complicate things unnecessarily.

[Ifyoubuildit]

Originally Posted by HanSoloCup

Just for reference, here is Guelph Ontario's Costco which is a 148,000-square-foot building with a gas bar superimposed over both the Harrisville Blvd as well as the Day & Ross site.

Neither one of these plans work. The Harrisville one only has one entrance/exit which won't fly for emergencies and/or solve Costco's traffic congestion. Also, this land looks swampy? And isn't Harrisville itself only two lanes unlike Mapleton which is a major controlled Boulevard. I would hazard to guess Costco's traffic problem becomes worse on Harrisville. As far as Day and Ross, you are showing the new Costco sitting on top of the new Irving/Tim Hortons. But maybe Costco may go on land further back and another connection with extension of Lady Ada and or LJR would create 2-3 traffic controlled access points unlike anything on Harrisville. Does this even fit on the Day and Ross land? Maybe Day and Ross price is wacky when you consider no land is worth anything without a project let alone 10m for a site that Costco will still possibly need additional lands? Could you try laying Costco out, knowing you can not use the land on Lady Ada, as that is not owned by Day and Ross? How does it fit?

[habs33]

Was in Mapleton Center during lunch and saw that they where putting up signs on the new Tommy Hillfiger location. Looks like they will be opening soon

[Hogie75]

Originally Posted by Ifyoubuildit

Neither one of these plans work. The Harrisville one only has one entrance/exit which won't fly for emergencies and/or solve Costco's traffic congestion. Also, this land looks swampy? And isn't Harrisville itself only two lanes unlike Mapleton which is a major controlled Boulevard. I would hazard to guess Costco's traffic problem becomes worse on Harrisville. As far as Day and Ross, you are showing the new Costco sitting on top of the new Irving/Tim Hortons. But maybe Costco may go on land further back and another connection with extension of Lady Ada and or LJR would create 2-3 traffic controlled access points unlike anything on Harrisville. Does this even fit on the Day and Ross land? Maybe Day and Ross price is wacky when you consider no land is worth anything without a project let alone 10m for a site that Costco will still possibly need additional lands? Could you try laying Costco out, knowing you can not use the land on Lady Ada, as that is not owned by Day and Ross? How does it fit?

This is just a rough comparison shot, it is not even close to what it would really look like. Just copied and pasted from another location. The layout would be different. We know traffic/congestion would be a factor when making a real layout.

[MonctonRad]

Eastlink Wireless apparently opened today at Champlain Place.

[MonctonRad]

Originally Posted by Hogie75

This is just a rough comparison shot, it is not even close to what it would really look like. Just copied and pasted from another location. The layout would be different. We know traffic/congestion would be a factor when making a real layout.

Indeed.

The exercise is useful in that it shows that a full sized Costco and gas bar could fit into either location.

On Mapleton however, the roadway is already a 4-5 lane divided boulevard and there is the potential of more than one point of egress (intersection with Cabela Court and a second intersection with Lady Ada). On Harrisville, major roadwork would be necessary both on Harrisville Blvd and on the overpass over Veteran's Highway. In addition, there is only one exit point from the proposed location of the Costco store (Marriott Drive), not two like on Mapleton.

Mapleton wins out in many ways. I hope that Costco doesn't make the hasty decision to relocate across town.

[FarmerTom]

Originally Posted by habs33

Was in Mapleton Center during lunch and saw that they where putting up signs on the new Tommy Hillfiger location. Looks like they will be opening soon

Just snapped a pic on the way to the gym but don't know how to post it here

[MonctonRad]

First you have to upload your photo to an online hosting service like Flickr, Photobucket or TinyPic.

I like Photobucket because it is very simple to create the tag to import your photo onto Skyscraperpage.

In any event, every photo stored online in a hosting service will have a unique identifier (a URL). You just have to get the URL for your photo, paste it into your post, and make sure that the URL is enclosed by [img] and [/img].

If you do this then your photo gets displayed.

It really isn't complicated, but you will likely have to play around a little bit in order to see how the coding works. If you want, just click on the "quote" button on the bottom right of this post and look at the structure of my post. You will find the code used to display this photo between the [img] and the [/img] imbedded in my post. This will let you know what the photo's URL actually looks like. Once you know this, it will be easy to get the URL for the photo you want to post from your own hosting service. That's basically how I learned to do it. I'm not a techie, but I have done some basic programming in the past, so I know how things work (to some degree). It's not that difficult really.

In any event, I drove by this evening and snapped a picture myself.



I must say that the sign is surprisingly small. There is a notice in the store window stating that Tommy will open in it's new location in "late July".