[Saint John] Port Development

[Ottawa]

Railroads have been ordered back to work 12:01 AM Monday.

[DyAm00394]

Posted on social media from ILA Local 273: 2 additional cranes coming to the port in November. Will be slightly larger than the two largest cranes currently at the port.

”Two additional cranes arrival date in Saint John, November of this year. They are slightly larger than the two largest cranes now at DP World Saint John. They will arrive by ship and be loaded and off loaded as they look in the picture , the house will not be dropped, and they will be painted to match the cranes that are here now”.

https://www.facebook.com/share/p/Qky...ibextid=WC7FNe

[Ottawa]

Originally Posted by DyAm00394

Posted on social media from ILA Local 273: 2 additional cranes coming to the port in November. Will be slightly larger than the two largest cranes currently at the port.



https://www.facebook.com/share/p/Qky...ibextid=WC7FNe

I think the timing of this makes crystal clear what the expected impact of the Gemini Cooperation will be.

Thanks for posting this information.

I don't have a facebook account and I don't intend to get one. I would like to see the picture that was linked to this if possible. If not, November is only a couple of months away.

[cdnguys]

[cdnguys]

Not sure if you can read anything into this, but the cranes are coming from APM Terminals - a unit of Maersk's Transport and Logistics division. They facilitating this crane transfer for when their ships come to SJ with Gemini?

[cdnguys]

image uploader

[nwalbert]

Originally Posted by DyAm00394

Posted on social media from ILA Local 273: 2 additional cranes coming to the port in November. Will be slightly larger than the two largest cranes currently at the port.



https://www.facebook.com/share/p/Qky...ibextid=WC7FNe

This seems like pretty substantial news. Hopefully this will be fuel to increase the investment into the residential market as well.

Exciting times.

[sailor734]

Originally Posted by nwalbert

This seems like pretty substantial news. Hopefully this will be fuel to increase the investment into the residential market as well.

Exciting times.

Can't see it having any noticeable impact on housing. Big ticket items and a very positive investment sure but it's not like a new plant with 100's of jobs coming to town.

[TitleRequired]

Originally Posted by sailor734

Can't see it having any noticeable impact on housing. Big ticket items and a very positive investment sure but it's not like a new plant with 100's of jobs coming to town.

This.

Also: As fast as the cranes can show up, they can disappear.

[nwalbert]

Originally Posted by sailor734

Can't see it having any noticeable impact on housing. Big ticket items and a very positive investment sure but it's not like a new plant with 100's of jobs coming to town.

No, I wouldn't expect you to see anything positive for SJ.

Large investments that catch people's attention will certainly help expose the already existing potential to investors, so I believe it will help drive additional investment.

There is also little question that a massive expansion at the Port will not drive spin-off and jobs, but I respect that you have your own opinions.

[cdnguys]

People seem to forget more containers requires more truckers, port and rail workers and associated support positions. Of course it will add jobs and housing demands. You think we are going to go from 155,000 TEUs to 300,000 TEUs up to 800k with the same amount of workers? More cranes specifically means they expect growth in containers. The port already gave the figures of extra jobs as we reach this growth - I believe it was 500 direct and a lot more indirect.

[sailor734]

Originally Posted by nwalbert

No, I wouldn't expect you to see anything positive for SJ.

Large investments that catch people's attention will certainly help expose the already existing potential to investors, so I believe it will help drive additional investment.

There is also little question that a massive expansion at the Port will not drive spin-off and jobs, but I respect that you have your own opinions.

Not saying it's not positive....it certainly is. I'm just disputing the comment that it will be a big driver of investment in housing

[TitleRequired]

Originally Posted by cdnguys

People seem to forget more containers requires more truckers, port and rail workers and associated support positions. Of course it will add jobs and housing demands. You think we are going to go from 155,000 TEUs to 300,000 TEUs up to 800k with the same amount of workers? More cranes specifically means they expect growth in containers. The port already gave the figures of extra jobs as we reach this growth - I believe it was 500 direct and a lot more indirect.

Never underestimate the willingness of employers to invest in technology to improve productivity in order to maintain or cap headcount.

And in practicality, it may only drive housing in GrandBay Westfield or Quispamsis

[EnvisionSaintJohn]

Originally Posted by nwalbert

No, I wouldn't expect you to see anything positive for SJ.

Large investments that catch people's attention will certainly help expose the already existing potential to investors, so I believe it will help drive additional investment.

There is also little question that a massive expansion at the Port will not drive spin-off and jobs, but I respect that you have your own opinions.

Be kind.. sailor is cautiously, cautiously optimistic

If you listen to the interview with the port CEO and DP World Canada CEO, population growth will need to happen for continued, sustained growth at the port.

Would be nice if the PM put his money where his mouth is regarding building housing on federally owned port lands. Port Saint John has over 300 acres of land, not at all of which is crucial to port operations. When you take into account the 10 acres or so that AIM accounts for, there’s certainly some room to build housing directly on federally owned port property within Saint John.

[CharlotteCountyLogan]

Here's the press release about the new cranes. Coming from Virginia expected to be operational by early 2025.
https://www.globenewswire.com/news-r...19Tz7jw0WaTOEg

[nwalbert]

Originally Posted by EnvisionSaintJohn

Be kind.. sailor is cautiously, cautiously optimistic

If you listen to the interview with the port CEO and DP World Canada CEO, population growth will need to happen for continued, sustained growth at the port.

Would be nice if the PM put his money where his mouth is regarding building housing on federally owned port lands. Port Saint John has over 300 acres of land, not at all of which is crucial to port operations. When you take into account the 10 acres or so that AIM accounts for, there’s certainly some room to build housing directly on federally owned port property within Saint John.

Haha, that is a kind way to put it.

We are not going to see this PM invest in SJ unfortunately. Hopefully we end up on the right side of things next time around.

[sailor734]

Originally Posted by nwalbert

Haha, that is a kind way to put it.

We are not going to see this PM invest in SJ unfortunately. Hopefully we end up on the right side of things next time around.

If the PC's are in fact parachuting in a "star" candidate it's not outside the realm of possibility to think we might see our MP in a significant cabinet post. Something Saint John hasn't had since the Gerry Merrithew days. That era saw the frigate program so fingers crossed! Some sort of major plum from the feds might not be an unreasonable expectation.

[adamuptownsj]

Originally Posted by sailor734

If the PC's are in fact parachuting in a "star" candidate it's not outside the realm of possibility to think we might see our MP in a significant cabinet post. Something Saint John hasn't had since the Gerry Merrithew days. That era saw the frigate program so fingers crossed! Some sort of major plum from the feds might not be an unreasonable expectation.

Weston and Long both pulled in abnormal amounts of federal cash for backbenchers.

[JakeNB]

What is with this fixation about building housing on federal land in SJ? Is there a shortage of land to be developed? What we have is a shortage of developers and/or developers willing to make projects happen. Why couldn't the four Fundy Quay buildings be developed simultaneously rather than sequentially; why can't the former SJ Energy substation be cleaned up and developed; why can't the vacant lots on Water Street be developed; Landmark, etc, etc. There is no need to encroach on the Port lands.

[MonctonianSentinel01]

Originally Posted by JakeNB

What is with this fixation about building housing on federal land in SJ? Is there a shortage of land to be developed? What we have is a shortage of developers and/or developers willing to make projects happen. Why couldn't the four Fundy Quay buildings be developed simultaneously rather than sequentially; why can't the former SJ Energy substation be cleaned up and developed; why can't the vacant lots on Water Street be developed; Landmark, etc, etc. There is no need to encroach on the Port lands.

100% agree here, PSJ is doing great and they have a great and bright future ahead and some people think it would be good to halt future expansion of the container terminal by using up the AIM site for housing. They can build the houses somewhere else, this property should be reserved for the PSJ empire in the making.