The Official Saint John, NB Project Thread

[RR Drummer]

Originally Posted by cdnguys

Via Calabria (gated Italian-themed neighborhood phase 1 apartments)

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I’ve been meaning to get pics, thanks for beating me to it 👍🏼. Although not as high, it is quite a bit longer. I would say 80 units still. There is a fair bit of land so I expect further development to come.

Also re: Heatherway, I was quite surprised to drive by earlier this fall and see this development. Alot of land so plenty of room for 11 buildings. Really happy to see these properties develop in East Saint John.

[ColSJ]

Great post! Despite the Saint John thread being quieter than Moncton and Fredericton we still have a handful of active developments across the city!

[adamuptownsj]

As a west side raised Saint Johnner, I watched a whole lot of nothing happen at the Fallsview site for ten years. Very pleased to see it slowly filling in. First substantial infill project in the Fundy Heights area... ever?

[cdnguys]

Originally Posted by adamuptownsj

As a west side raised Saint Johnner, I watched a whole lot of nothing happen at the Fallsview site for ten years. Very pleased to see it slowly filling in. First substantial infill project in the Fundy Heights area... ever?

If you include the 4 now under construction, and ignore existing ones, looks like 34 new homes. It’s the same developer that is involved in Taylor Ave 2x25 unit buildings and Mitchell Apartments

[Wolkenkratzerliebhab]

https://www.cbc.ca/news/canada/new-brunswick/uptown-saint-john-woolworths-1.5830657

Saint John developer buys 91 King Street.

[Sabien]

I was checking on a property value on SNB and noticed something that surprised me: there are more than a dozen parcels of land totalling several thousand acres adjacent to/surrounding the LNG terminal and Mispec Beach - all of which recently sold on the same date - Dec.20, 2019 and all with the same sale price of $6,409,200. Does anyone know why this amount of land would be purchased (presumably by IOL). It stretches many kilometres mostly to the north/northeast of the terminal. It seems extreme if the intention is simply to retain a buffer, especially considering there are still many homes scattered through the area amongst the parcels in question. Would it be for some future expansion or simply a massive buffer zone?

[NewIreland]

Originally Posted by Sabien

I was checking on a property value on SNB and noticed something that surprised me: there are more than a dozen parcels of land totalling several thousand acres adjacent to/surrounding the LNG terminal and Mispec Beach - all of which recently sold on the same date - Dec.20, 2019 and all with the same sale price of $6,409,200. Does anyone know why this amount of land would be purchased (presumably by IOL). It stretches many kilometres mostly to the north/northeast of the terminal. It seems extreme if the intention is simply to retain a buffer, especially considering there are still many homes scattered through the area amongst the parcels in question. Would it be for some future expansion or simply a massive buffer zone?

There has to be SOMETHING going on to warrant the current building boom. I've been a member of this site since 06 and I can't remember this many projects ever happening at the same time and the announcements keep coming! Furthermore, these are QUALITY projects by keen developers with deep pockets. Maybe there's a big announcement coming soon?

[ColSJ]

Originally Posted by Sabien

I was checking on a property value on SNB and noticed something that surprised me: there are more than a dozen parcels of land totalling several thousand acres adjacent to/surrounding the LNG terminal and Mispec Beach - all of which recently sold on the same date - Dec.20, 2019 and all with the same sale price of $6,409,200. Does anyone know why this amount of land would be purchased (presumably by IOL). It stretches many kilometres mostly to the north/northeast of the terminal. It seems extreme if the intention is simply to retain a buffer, especially considering there are still many homes scattered through the area amongst the parcels in question. Would it be for some future expansion or simply a massive buffer zone?

I noticed that a while ago but didn’t think much of it however my speculation of course does not eliminate the possibility of something coming to fruition. If it is Irving Oil (which I strongly believe it is) I have a hard time believing they are planning any big investment given the state of oil and gas across the world. Plus these properties were sold before COVID-19 and the 225 lay-off cut we saw back in the spring. Another possibility is it’s JDI looking for more land to cut trees. You make a great point- $6 million simply to retain a buffer seems extreme but still completely possible.

[adamuptownsj]

Even stranger- a water lot is included (PAN 06333655), and only six lots purchased seem to currently have houses on them: 2829, 2851, and 3010 Red Head Rd., and 248, 300, and 312 Anthony's Cove Rd. Maybe this was the first round of several planned purchases.

Are we trying to turn Mispec/Anthony's Cove into a Novaporte alternative? I haven't heard even a whisper of what's going on out there and I'm pretty plugged in.

[ColSJ]

Originally Posted by adamuptownsj

Even stranger- a water lot is included (PAN 06333655), and only six lots purchased seem to currently have houses on them: 2829, 2851, and 3010 Red Head Rd., and 248, 300, and 312 Anthony's Cove Rd. Maybe this was the first round of several planned purchases.

Are we trying to turn Mispec/Anthony's Cove into a Novaporte alternative? I haven't heard even a whisper of what's going on out there and I'm pretty plugged in.

With the port in growth mode, I think that's an idea that has some merit.

[adamuptownsj]

I noticed the city was stopping up Proud Rd in the Council minutes a couple months ago, ostensibly to stop illegal dumping. This swathe of purchases seems to stop south of Old Black River Rd to the north, and West Beach Rd to the east.

Mapped out, very approximately. I didn't include the unpurchased residential properties or the LNG terminal, but this is a MASSIVE area. Bigger than the inhabited west side at 18 square miles.

imgur.com/a/Kq1CGJl
imgur.com/a/UTHDYwC

[ColSJ]

I wonder if anyone in the Mispec area would have any information on these sales. Someone must know something

[Sabien]

Originally Posted by adamuptownsj

Even stranger- a water lot is included (PAN 06333655), and only six lots purchased seem to currently have houses on them: 2829, 2851, and 3010 Red Head Rd., and 248, 300, and 312 Anthony's Cove Rd. Maybe this was the first round of several planned purchases.

Are we trying to turn Mispec/Anthony's Cove into a Novaporte alternative? I haven't heard even a whisper of what's going on out there and I'm pretty plugged in.

Maybe... just maybe, with the continual decline of oil on the horizon, IOL is prepping for 10-20 years down the road. That land along the coast would be ideal for a large scale wind and battery farm. As technology and the market develops and improves, maybe IOL is thinking of transitioning into a different kind of energy business... this scale of paradigm shift will take a couple decades or more. It would be wise for a company like IOL to start the groundwork now. In the meantime, it could be an effective way to offset their carbon footprint and the costs that go long with that (although wind farms aren’t as green as some would have you believe).

[cdnguys]

Originally Posted by Sabien

Maybe... just maybe, with the continual decline of oil on the horizon, IOL is prepping for 10-20 years down the road. That land along the coast would be ideal for a large scale wind and battery farm. As technology and the market develops and improves, maybe IOL is thinking of transitioning into a different kind of energy business... this scale of paradigm shift will take a couple decades or more. It would be wise for a company like IOL to start the groundwork now. In the meantime, it could be an effective way to offset their carbon footprint and the costs that go long with that (although wind farms aren’t as green as some would have you believe).

I think you’re right - IOL typically has outlooks 5, 10, 25 years down the road. I have no doubt they see the writing on the wall that all autos will most likely be electric by 2035. Who knows maybe they’ll get into lithium battery manufacturing. Side note, not sure why they’d even consider purchasing North Atlantic Refining with demand waning and they have enough capacity for that marketplace.

[cdnguys]

New Millidgeville project announced for Sandy Point Road (in the Pelton & Westmount Roads area)

Multi-level 120 unit luxury apartments called “The Ethos Ridge”. Geared to seniors, it will include waterfront access and a pool

[NB_ExistsToo]

Originally Posted by cdnguys

New Millidgeville project announced for Sandy Point Road (in the Pelton & Westmount Roads area)

Multi-level 120 unit luxury apartments called “The Ethos Ridge”. Geared to seniors, it will include waterfront access and a pool

Ohhh looks like they have a website up and running (nothing really on it yet though)

https://www.ethosridge.com/

I'm guessing the "water front" is Harrigan Lake? Or do they plan on putting the development right between Pelton Rd and Westmont Dr? Because you the people of Forest Acres will NOT approve of something like this going in their area.

[cdnguys]

Originally Posted by NB_ExistsToo

Ohhh looks like they have a website up and running (nothing really on it yet though)

https://www.ethosridge.com/

I'm guessing the "water front" is Harrigan Lake? Or do they plan on putting the development right between Pelton Rd and Westmont Dr? Because you the people of Forest Acres will NOT approve of something like this going in their area.

It mentions forest canopy and adjacent to Saint John River. Given the fact they knocked on doors on Westmount and Pelton - it almost seems it would be the thick forested area along the river between Pelton and Westmount.

[cdnguys]

Property search on SNB shows a large parcel of vacant land sold between Sandy Point Rd and Pelton Rd on September 15th, 2020 for $150k
Maybe this is it ???

[cdnguys]

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It’s 19 acres so must be forest between pelton and westmount

[adamuptownsj]

Real estate boom shows no signs of slowing in Saint John.

https://huddle.today/saint-john-real-estate-market-continues-to-set-records/