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  #1561  
Old Posted Jul 15, 2024, 3:13 PM
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Nashe Nashe is online now
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Originally Posted by Pugsley View Post
I find it interesting that certain areas where you have coastline but NO major urban centre are growing so significantly. Example is Charlotte County, where the population growth is impressive even though there is really only St. Stephen/Calais as a shopping hub. Same for Albert and Kent Counties. While not as big as say the three cities, it does beg the question if these rural areas will start to see more highway-side plaza developments (like in Nova Scotia) that will act as regional shopping hubs. Two examples in Nova Scotia are the long-established Sobeys plazas in Hubbards and Enfield which have been around for decades. They are now seeing lots of rural growth in those areas due to the accessibility of services - especially grocery.
It kinda makes sense cuz if you're gonna move from ON/BC to somewhere that is "rural" and you're flush w. cash, you might as well have some nice water to look at. Just about all of Kent's population is near the shore anyway, and beaches extend pretty much down the whole coastline through Westmorland.
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  #1562  
Old Posted Jul 15, 2024, 3:19 PM
adamuptownsj adamuptownsj is offline
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Originally Posted by Pugsley View Post
I find it interesting that certain areas where you have coastline but NO major urban centre are growing so significantly. Example is Charlotte County, where the population growth is impressive even though there is really only St. Stephen/Calais as a shopping hub. Same for Albert and Kent Counties. While not as big as say the three cities, it does beg the question if these rural areas will start to see more highway-side plaza developments (like in Nova Scotia) that will act as regional shopping hubs. Two examples in Nova Scotia are the long-established Sobeys plazas in Hubbards and Enfield which have been around for decades. They are now seeing lots of rural growth in those areas due to the accessibility of services - especially grocery.
Charlotte has St George serving everything between Bocabec and Maces Bay. It's always been bifrucated east/west. Plus, St. Andrews is very much its own thing, economy-wise. I'd like to dig into more locality-level estimates because I presume the growth is very unevenly distributed.
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  #1563  
Old Posted Yesterday, 2:54 PM
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Interesting graphic from the Canada section:



They include info for the six primary Atlantic Canadian markets (sorry CBRM). The only one of the six CMAs/CAs building any commercial office space at all is Moncton.

Office vacancy rate in Saint John is 35.1%!!!!!

OTOH, the vacancy rate in Charlottetown is a paltry 6.1%, best in the country.
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  #1564  
Old Posted Yesterday, 4:41 PM
sailor734 sailor734 is online now
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Yep, that number for SJ doesn't surprise me all that much. Was in the Market over the noon hour....very quiet. Then drove down King and past Market Square. The outdoor section of the boardwalk patios were less than 30-40% full at 12:45 and the new versio0n of Loyalist Plaza was completely empty.
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  #1565  
Old Posted Yesterday, 6:12 PM
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Originally Posted by MonctonRad View Post
Interesting graphic from the Canada section:



They include info for the six primary Atlantic Canadian markets (sorry CBRM). The only one of the six CMAs/CAs building any commercial office space at all is Moncton.

Office vacancy rate in Saint John is 35.1%!!!!!

OTOH, the vacancy rate in Charlottetown is a paltry 6.1%, best in the country.
Makes you wonder what qualifies as "office space under construction", as it is simply not true that there is 0sf under construction in Halifax, Fredericton, and SJ. This must be limited to buildings purpose built for leasable office space, rather than companies building their own office space (not for lease) as the latter is happening in all cities.
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