Clayton Developments finally buys land from Moncton G&CC
According to the T&T, the lands immediately to the south of the Moncton Golf & Country Club have finally been sold to Clayton Developments of Halifax. The hold-up was related to a legal dispute over an existing right of way through the property. The sale of this 82 acre parcel of land will allow this subdivision to proceed.
The development will include:
- 149 single unit dwellings
- 23 townhouse condominium clusters
- 17 freehold townhouse bungalows
- 234 apartment units
Assuming three residents per unit (not unreasonable), this development could boost the town's population by more than 1,200 people. The municipal tax assessment could increase by $40-50M.
The development will be fully walkable, will integrate with the multi function trail on Gunningsville Blvd and will be convenient to the anticipated retail cluster at the corner of Gunningsville and the proposed Bridgedale Blvd.
Construction will begin this spring, with the first component being the extension of Pinewood Road to Gunningsville Blvd.