Official Fredericton, NB projects thread - Page 595

RealEstateGuy · #**11881** Posted **Aug 30, 2020, 4:21 PM**

The price was posted wrong orignally as there was HST applicable thus it showed $833,750.00 then was posted to $725,000.00. The HST is not supposed to be shown in the sale prices on SNB, or the Property Assessment Online portal. So it was more an clerical error.

Quote:

Originally Posted by OliverD

Interestingly, I just took another look and it now says it sold for $725k. I wonder what happened there?

FreddyGuy · #**11882** Posted **Aug 31, 2020, 12:32 PM**

Quote:

Originally Posted by cl812

Noticed some activity this afternoon at the Legion site, hopefully work on the next phase will be resuming soon.

I've noticed on the queen street side it is now a large hole. Looks like they are removing dirt to get ready for the foundation.

OliverD · #**11883** Posted **Aug 31, 2020, 2:17 PM**

Quote:

Originally Posted by RealEstateGuy

The price was posted wrong orignally as there was HST applicable thus it showed $833,750.00 then was posted to $725,000.00. The HST is not supposed to be shown in the sale prices on SNB, or the Property Assessment Online portal. So it was more an clerical error.

Ah, that makes sense. Thanks!

FreddyGuy · #**11884** Posted **Sep 1, 2020, 7:57 PM**

Some signage activity happening at the old Nissan building on prospect, and the for lease signs appear to be gone.

cl812 · #**11885** Posted **Sep 2, 2020, 11:37 PM**

Quote:

Originally Posted by FreddyGuy

I've noticed on the queen street side it is now a large hole. Looks like they are removing dirt to get ready for the foundation.

Yeah, looks like work has resumed. Was by this afternoon and there was some activity.

FreddyGuy · #**11886** Posted **Sep 3, 2020, 11:34 PM**

Heard Mezza Lebanese kitchen is looking to open in the Dundonald/Smythe plaza.

OliverD · #**11887** Posted **Sep 4, 2020, 12:53 PM**

There's land prep happening at 845 Brookside Drive (just after the Heron Drive intersection). Presumably some sort of multi unit building or buildings going up there.

Freddypop · #**11888** Posted **Sep 4, 2020, 7:51 PM**

Quote:

Originally Posted by cl812

Yeah, looks like work has resumed. Was by this afternoon and there was some activity.

They have inserted forms for the foundation

cl812 · #**11889** Posted **Sep 9, 2020, 3:15 PM**

Looks like work is going to be starting soon on the Centennial Bldg, saw a tweet showing the rendering up at the site. Look to be adding a couple floors. Sign says “coming Fall 2023"

Freddypop · #**11890** Posted **Sep 9, 2020, 3:44 PM**

Quote:

Originally Posted by cl812

Looks like work is going to be starting soon on the Centennial Bldg, saw a tweet showing the rendering up at the site. Look to be adding a couple floors. Sign says “coming 2023”.

Saw the sign earlier. Will have to go to PAC I believe before any construction can begin but at least the project is still moving forward

cl812 · #**11891** Posted **Sep 9, 2020, 4:07 PM**

Yeah, would assume next spring for a start at the earliest.

Also, timing seems kind of convenient for the sign to pop up (i.e., a week before the election).

Freddypop · #**11892** Posted **Sep 9, 2020, 5:05 PM**

Quote:

Originally Posted by cl812

Yeah, would assume next spring for a start at the earliest.

Also, timing seems kind of convenient for the sign to pop up (i.e., a week before the election).

Looks like it will be nice when completed. Wonder how much the penthouse will set you back?

OliverD · #**11893** Posted **Sep 9, 2020, 6:13 PM**

From Twitter:

KnoxfordGuy · #**11894** Posted **Sep 10, 2020, 1:32 AM**

Not a fan of the massive parking lot.

OliverD · #**11895** Posted **Sep 10, 2020, 11:07 PM**

It's official, the Centennial Building has been sold for $4,000,000 as of Tuesday.

jonny golden · #**11896** Posted **Sep 11, 2020, 12:18 AM**

Quote:

Originally Posted by OliverD

It's official, the Centennial Building has been sold for $4,000,000 as of Tuesday.

Honestly, I'm not impressed with the picture on the sign. Hopefully they can do better.

Franco401 · #**11897** Posted **Sep 11, 2020, 3:24 AM**

Fredericton is not gonna stop needing a courthouse.

Taeolas · #**11898** Posted **Sep 11, 2020, 11:48 AM**

The rendering of the new(ish) building looks 'okay'. The courthouse would have been a better solution, and a more impactful renovation IMO. But it is what it is.

As pointed out, we do still need a courthouse. Maybe TD Tower II would be a good spot to try and develop into a new courthouse space?

FreddyGuy · #**11899** Posted **Sep 11, 2020, 12:42 PM**

I am slightly confused as to what exactly it's purpose will be?

I thought it was said that somewhere on the property, it was going to be commercial, residential and a hotel. I had pictured multiple buildings, but it's just one building.... Seems like a confusing mish mash. I just hope the terms of the sale where strict on the completion date.

OliverD · #**11900** Posted **Sep 11, 2020, 12:50 PM**

Quote:

Originally Posted by FreddyGuy

I am slightly confused as to what exactly it's purpose will be?

I thought it was said that somewhere on the property, it was going to be commercial, residential and a hotel. I had pictured multiple buildings, but it's just one building.... Seems like a confusing mish mash. I just hope the terms of the sale where strict on the completion date.

Ground floor commercial (probably including a restaurant and/or bar), and then residential and hotel units above. At least that's my assumption.

Would be nice to see the rest of the property developed at some point as well. The could build a parking structure mid block behind the building and that would open up two lots for good sized buildings.

One thing that bugs me about the rendering are the cutouts for the balconies. Hopefully they won't do the same to the front of the building but I'm not optimistic.