Quote:
Originally Posted by David_99
"But in an email to Radio-Canada on Friday, a spokesperson for Shannex said the company is not continuing with the project. The company did not say why.
According to Isabelle LeBlanc, director of communications for the City of Moncton, council has known for some time that Shannex was not pursuing the project since it had not applied for permits for construction."
CBC.ca
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This is most unfortunate.
The conspiracy theorist in me is quite interested in the machinations behind this decision by Shannex.
Here is
my likely scenario (purely speculative and based only from information gathered from the net and/or previously posted by others on this forum:
Observe this image of the plans for
Mapleton Crossing Phase 2
This ambitious project went into the toilet with the decision to build the new Costco on Granite Drive off of Elmwood.
Note the large road network which was to be part of the development. This included a good chunk of LJR Blvd, including two roundabouts and a bridge over Hall's Creek. This extension of LJR Blvd would have been a multimillion dollar project, partly funded by the developer of Mapleton Crossing Phase 2 (Cordova), but would have served the Shannex development too.
With the retail development no longer viable without Costco, Cordova's contribution to the extension of LJR Blvd would no longer be available. The city probably did not want to finance this by themselves and probably asked Shannex to take over the private component of this expensive road project.
I suspect Shannex was likely disinclined to acquiesce to the city's request and instead decided that the nursing home project was not financially viable given the new paradigm. The project was subsequently cancelled.
This is of course only speculation and I have no inside information, but this seems a probable scenario. If true, the relocation of Costco to Granite Drive will have instigated a cascade of events which will have prevented the development of the entire western portion of the Vision Lands for the foreseeable future.......