[Moncton] Downtown Developments - Page 412

KnoxfordGuy · #**8221** Posted **Jan 9, 2025, 3:06 PM**

Great cleanup of that corner.

jnaygull · #**8222** Posted **Jan 9, 2025, 5:47 PM**

Interesting repurpose for the former Wawanesa building on St George Blvd

https://www.919thebend.ca/2025/01/09/103585/

MonctonRad · #**8223** Posted **Jan 9, 2025, 5:52 PM**

Quote:

Originally Posted by jnaygull

Interesting repurpose for the former Wawanesa building on St George Blvd

https://www.919thebend.ca/2025/01/09/103585/

Excellent initiative. This will be for low income seniors and is in a good part of town. I approve of this very much.

MonctonRad · #**8224** Posted **Jan 11, 2025, 4:58 PM**

The Coin Cabinet on Main Street has been replaced by the Coin Vault and Bullion Bank. Same type of business really.

jonny golden · #**8225** Posted **Jan 11, 2025, 5:31 PM**

I saw recently where the Coin Cabinet was moving to a new location downtown. I wonder if they changed their mind and just did a re-branding instead?

MonctonRad · #**8226** Posted **Jan 11, 2025, 5:32 PM**

Quote:

Originally Posted by jonny golden

I saw recently where the Coin Cabinet was moving to a new location downtown. I wonder if they changed their mind and just did a re-branding instead?

Nope. This is a new business. They have a location in Halifax too,

jonny golden · #**8227** Posted **Jan 11, 2025, 5:39 PM**

Quote:

Originally Posted by MonctonRad

Nope. This is a new business. They have a location in Halifax too,

Aah, expanding into a new market then.

MonctonRad · #**8228** Posted **Jan 12, 2025, 4:01 PM**

Nice Infinity Aerials drone shot of the fields of the Sportsplex lands off of Millennium Blvd, with a portion of the Franklin Yards in the background.

Leroy321 · #**8229** Posted **Jan 13, 2025, 3:49 PM**

The land that had the proposed six story apartment on Robinson street that got cancelled has sold just at the end of November. Could this be the city buying it back or a new developer, they bought it for exactly 1 million$.

https://paol-efel.snb.ca/paol.html?v=1.0.94&lang=en&pan=01867853

MonctonPerson · #**8230** Posted **Jan 13, 2025, 4:05 PM**

Quote:

Originally Posted by Leroy321

The land that had the proposed six story apartment on Robinson street that got cancelled has sold just at the end of November. Could this be the city buying it back or a new developer, they bought it for exactly 1 million$.

https://paol-efel.snb.ca/paol.html?v=1.0.94&lang=en&pan=01867853

Just the city repurchasing as approved last summer:
https://www.cbc.ca/news/canada/new-brunswick/moncton-council-robinson-castle-manor-1.7264288

MonctonRad · #**8231** Posted **Jan 23, 2025, 2:32 PM**

Photo in the T&T today showing the current status of the Westgate (Tomato) Building at Main and Vaughan Harvey.

jonny golden · #**8232** Posted **Jan 23, 2025, 7:20 PM**

Here's the Cushman & Wakefield commercial listing for The West Gate building. It includes a drone video which has some great views of downtown Moncton. You can also get a good look at the Junction development, including their vacant land along Main Street.

https://cwatlantic.com/listings/1333-main-street-prime-moncton-commercial-space-for-lease/

Quote:

This dynamic new development offers up to 10,457 square feet of prime commercial space, ideal for retail, dining, or professional services.

jnaygull · #**8233** Posted **Jan 23, 2025, 7:35 PM**

And not a tomato was seen in it's shadow. What a shame.

jonny golden · #**8234** Posted **Jan 23, 2025, 7:57 PM**

Quote:

Originally Posted by jnaygull

And not a tomato was seen in it's shadow. What a shame.

A shame they didn't stick with their originally planned taller building. You know - the one that had to be that size to be financially viable.

LewisVillis · #**8235** Posted **Jan 23, 2025, 9:12 PM**

Interesting new building render on the far right... Just filler?

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Leroy321 · #**8236** Posted **Jan 23, 2025, 9:53 PM**

Quote:

Originally Posted by LewisVillis

Interesting new building render on the far right... Just filler?

[/IMG]

[/QUOTE]

The infinity renders showed St. Bernard place before it was announced… this building looks 9-10 stories and it looks like it’s the lot where they were going to build the 5 story junction hall. I think it’s a small chance it could be a new planned building for tannery place

jonny golden · #**8237** Posted **Jan 23, 2025, 11:26 PM**

Quote:

The infinity renders showed St. Bernard place before it was announced… this building looks 9-10 stories and it looks like it’s the lot where they were going to build the 5 story junction hall. I think it’s a small chance it could be a new planned building for tannery place

I really hope that the Junction developers step up to the plate and build a compelling building on that corner. With Moncton being the 2nd fastest growing city in Canada, the demand for residential housing continues to be strong with no signs of slowing down. And the interest rates have come down considerably since they built Tannery Place North. It would be great to see them start their next phase this summer.

MonctonRad · #**8238** Posted **Jan 24, 2025, 3:18 AM**

Quote:

Originally Posted by LewisVillis

Interesting new building render on the far right... Just filler?

Nice pick-up.

Probably filler, but, the location corresponds to the vacant lot at the SW corner of Main & Vaughan Harvey, where the Junction developers were rumoured to be putting up a 10 storey apartment building.

The building in the render seems to have the proper massing. Often times developers have a good idea what's going on in the city and I could see an architectural rendering perhaps hinting at an adjacent upcoming project.

Unfortunately, we'll never know until the Junction project proceeds to the design and rendering stage.

jonny golden · #**8239** Posted **Jan 24, 2025, 4:10 AM**

Quote:

Unfortunately, we'll never know until the Junction project proceeds to the design and rendering stage.

Which they could be working on as we speak! Hopefully.

If the Bank of Canada lowers the prime rate again this coming Wednesday 29th, that wouldn't hurt. It makes a big difference when we're talking about multi million dollar projects.

10 floors would be a huge addition to this intersection.

MonctonRad · #**8240** Posted **Jan 24, 2025, 2:42 PM**

Quote:

Originally Posted by jonny golden

Which they could be working on as we speak! Hopefully.

If the Bank of Canada lowers the prime rate again this coming Wednesday 29th, that wouldn't hurt. It makes a big difference when we're talking about multi million dollar projects.

Agreed, but, the prime rate is only part of the equation.

The Trumpian antics down south, and the bellicose threats of 25% tariffs could have a very chilling effect on the Canadian economy which could have significant trickle down, even to housing markets in a mid sized eastern Canadian city such as Moncton.

There's always something which prevents us from truly getting ahead.

I am particularly concerned about the rumoured Amazon Fulfillment Centre in Dieppe. I could see fear over Donald Trump putting the kibosh on this, at least in the short term.