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  #2041  
Old Posted Aug 25, 2010, 1:31 AM
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Originally Posted by OliverD View Post
I know that Radian6 is running out of room. They're currently in building three.

Any idea what the square footage of the current buildings is?
Pretty sure it is 30,000 SF in total...
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  #2042  
Old Posted Aug 25, 2010, 10:48 AM
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Building record may be smashed

Published Wednesday August 25th, 2010

Hot year $80.7 million in building so far this year

A1 By HEATHER MCLAUGHLIN

mclaughlin.heather@dailygleaner.com

Fredericton is having another scorching construction year with $80.7 million in building racked up to the midway point of the year.

If the pace continues, the city could be looking at shattering its 2006 record when total building for the year hit $132.4 million.

"There are as many construction cranes in the city as there has ever been. We have a number of major projects underway and several major projects anticipated," said Coun. Stephen Chase, chairman of the city's development committee.

"The number of housing starts and other residential housing starts continues the upward trend of the last few years," Chase said. "It's a good year for the City of Fredericton. We're really happy with the total value of construction."

Construction is balanced across all sectors - residential, commercial, government and institutional, Chase said.

"Development is very much in accordance with the municipal plan and that reflects a high degree of certainty.''

When people enjoy that sense of confidence and stability, it protects their financial investment and bolsters consumer confidence, he said.

Marcello Battilana, senior planner with the city, said the figures are rivalling the numbers generated during the city's best development year in 2006.

A mild winter that allowed developers a good jump on the 2010 construction season has helped to get a lot of the building permits into the hopper early, Battilana said.

Projects on the books now will also keep the city humming through the end of the year and into 2011, he added.

The value of residential construction in the capital city between January and June is short of the $30-million mark by $200,000.

"That again outpaced the 2006 numbers," Battilana said. "They're extremely positive numbers."

Commercial construction in Fredericton was worth $25.8 million, again a peak figure when measured against the same time period for prior years.

Multiple-unit starts were down from 2009 when 171 units were built. So far this year, 141 multiple units have been built.

Seventy-five single family homes have been constructed during the first half of the year, on par with 2009. The average permit value of a new single detached home is hovering at $172,000.

Battilana said the distribution of housing units remains on a nearly even split between the north and south sides.

Some of the major construction projects anticipated into the latter half of this year and into 2011 include:

* 46 single detached homes in Phase 5 of Brookside West.

* 43 residential units, eight townhouses and one apartment development in the second and third phase of North Brook Subdivision off Brookside Drive.

* A 40-unit apartment building, 30 townhouses and four semi-detached units in Rainsford Gardens off Sarah's Lane.

* 80 townhouse units at 850 Kimble Dr.

* 48 residential lots in the first phase of The Meadows at Neill Farm.

* Another 35 residential building lots in Gilridge Drive extension.

Major projects planned in the commercial sector include continued expansion of Corbett Centre retail development atop Regent Street and another building at Knowledge Park.

More commercial development along Brookside Drive near West Hills subdivision and Two Nations Crossing are expected.

The construction of a downtown hotel has also been approved.

Other major projects that are ongoing include the Currie Center at UNB, the Shannex Senior Living Complex, the second phase of the YMCA, continued expansion and renovation of York Manor and the Grant * Harvey sports centre.

Battilana said construction of Costco, Regent Mall and Brookside Mall renovations helped boost the building permit figures for the first half of the year.
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  #2043  
Old Posted Aug 25, 2010, 12:55 PM
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Wonder if the continued expansion of the Corbett Centre is Best Buy and Tim Hortons? Would be good to see that this year.
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  #2044  
Old Posted Aug 25, 2010, 12:58 PM
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Traffic flow plan opposed
Published Wednesday August 25th, 2010
Queen Street | Councillor, business group concerned about proposal to change block to two-way traffic
A1
By HEATHER MCLAUGHLIN
mclaughlin.heather@dailygleaner.com

A Fredericton city councillor says he'll be calling for the status quo when a traffic bylaw amendment comes before city council soon.


Traffic moves past the new convention centre on Queen Street between St. John Street and Regent Street on Tuesday. The city wants to make that section of Queen Street open for two-way traffic.

City council this week approved the drafting of a bylaw that would turn Queen Street into a two-way street - not for its entire length - but for the distance of one block.

Coun. Jordan Graham said it's premature to make the traffic change and the city should wait for the dust to settle before it makes haste to alter traffic directions.

When the bylaw comes before city council in September for first, second and third reading, he'll present his motion to try to freeze the plan for a year.

Downtown Fredericton Inc. president Linda Dolan agrees. She said the change isn't warranted at this time and will have negative consequences on downtown parking and business.

Queen Street has been one way for years, but with the construction of the downtown convention centre, government office building and parking garage, the city's public works and engineering division has recommended that one section of the road be converted to handle two- way traffic.

It also obtained advice on traffic patterns from ADI Ltd. when it updated the capital city's traffic study.

"Staff is of the opinion that the removal of Queen Street from St. John Street to Regent Street as a one-way section and the installation of traffic signals at Queen Street and St. John Street are considered critical to the success of the east-end development project," said a report that was handed to city council this week.

But Graham, who represents the downtown east end of Fredericton, said he's talked to ADI about the proposed Queen Street traffic direction change and the expected gains are marginal.

"We haven't had any public debate on this yet," Graham said. "Traffic flow can't be the only consideration down there."

During the closure of the Princess Margaret Bridge, the city removed parking at the bottom of Regent Street to improve traffic flow, but making it easier for vehicles to speed through the downtown area isn't a solution for anyone, Graham said.

"On-street parking is one of the most effective traffic calming devices and tools we have," Graham said.

"Numerous studies have shown that street fronts where there's on-street parking have greater pedestrian circulation because people feel safer with that buffer (of a parked vehicle) between them and the sidewalk."

Pedestrian counts on Regent Street have dropped since parking was removed, Graham said.

While city traffic engineers hope to reduce traffic tension on Regent at King and Brunswick streets, Graham said he's going to propose that the city implement a moratorium on the proposed traffic change for one year and then review it.

"We should at least have the benefit of being shown that there is an issue," Graham said. "We grossly overestimated the impacts of the Princess Margaret Bridge being closed. What if we're doing the same for the downtown?"

The proposed change to Queen Street may only be helpful during rush hour, he said.

"We're altering the design of the downtown ... because of two hours a day," Graham said.

Downtown Fredericton Inc. has already had chats with Mayor Brad Woodside and some city councillors to voice its concerns.

Downtown business people don't want Queen Street altered to a two-way in the block near the convention centre and it doesn't want any further elimination of downtown parking, said Dolan.

"When they first came up with the traffic study, there were several assumptions that are no longer valid," said the president of Downtown Fredericton Inc.

"As well as the new conference centre, they assumed that the Hilton Hotel would be up and running and that the Centennial Building would be in use again." Dolan said renovations to the Centennial Building may not be tackled for eight to 10 years and the new downtown hotel is at least two years away from construction and completion.

"When you take those factors out, the need to accommodate increased traffic is significantly reduced. We feel, as a group, that those recommendations are not as valid as they used to be," Dolan said. "We're not asking that they throw the whole plan out the window, just defer it for a few years and see how things go."

Even though the city is constructing a parking garage adjacent to the convention centre, Dolan said it's human nature to want to park close to the business you are visiting.

"Especially the elderly and disabled, it makes a huge difference in where they're going to choose to conduct business," she said.

Moncton and Bangor, Maine, were two communities that removed downtown parking only to find that their city centres were suffering and are trying to reverse trends.

"Having on-street parking slows traffic down. If you take the parking meters away, it's been documented that drivers speed up," she said.

A committee of the downtown business improvement area has been formed to map out the group's concerns in order to present them to city council as a whole, she said.

"It will be a huge impact on our downtown. It will change the landscape," Dolan said. "The gain in traffic flow will be so minimal that it doesn't justify the impacts that are going to come from this."

City council has approved a $1.2-million tender to undertake road work, curb and sidewalk reconstruction, add decorative sidewalk and street light installation on the streets surrounding the development.

At the time the contract was awarded, Sean Lee, the city's manager of engineering services, said making Queen Street wider and turning it into a two-way between Regent and St. John streets will facilitate drop off and pick up at the convention centre.

The city is proposing to install traffic signals at St. John and Queen Streets and at St. John and King streets, he said.
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  #2045  
Old Posted Aug 25, 2010, 1:05 PM
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Here is the article (RIM expansion) from todays Gleaner as well.

----

RIM-owned Chalk Media to expand
Published Wednesday August 25th, 2010
Company | Firm will lease most of the space in a new Knowledge Park building
A1
By STEPHEN LLEWELLYN
llewellyn.stephen@dailygleaner.com

Chalk Media Service Corp. is adding 30 jobs to its facility in the capital and moving all 130 employees to a fifth building in the Fredericton Knowledge Park.

The provincial government is loaning the Knowledge Park $3.3 million to build the 4,050-square-metre (45,000-square-foot) building. As well, it's providing Chalk Media with a $480,000 payroll rebate.

Morgan Elliot, director of government relations for Research in Motion, which owns Chalk Media, said Chalk will take up 2,700-square-metres (30,000-square-feet) in the new building.

He said it was only seven months ago that RIM announced the first expansion of Chalk Media.

"Now today we are here to say not only are we creating those extra 50 jobs, we are going to add another 30," said Elliot.

Chalk Media is located in downtown Fredericton but space is limited, he said. Sixty people work at the downtown location.

"It is such a pleasure to be a part of this announcement and to be a member of the Knowledge Park," said Elliot.

"The sooner the new building is up, the better, because we are quite cramped."

Elliot said developing clusters is important.

"There is energy you get from collaborating with different companies."

RIM is based in Waterloo, Ont., which has a rich Mennonite heritage that includes community barn building, said Elliot.

"I have to tell you that dealing with the provincial government that is here in New Brunswick, the municipality, the universities, that same spirit of collaboration is right here," he said.

"It has been fantastic to deal with everyone. We hope this is the beginning of more great stuff to come in the future."

Elliot said the jobs range from programmers to quality assurance to project managers and co-op students.

"These jobs are highly sought after," he said. "These are very well paying jobs."

The announcement was made Tuesday afternoon in the parking lot in front of the first Knowledge Park building.

"It is really amazing what's been done in such a short time," Elliot said about the park which built its first building in 1997.

Development is heating up in the Knowledge Park.

In July, the provincial government announced it was giving the Knowledge Park a $4.5-million interest-free loan to construct a fourth building, which will house the new Centre of Excellence in Advanced Learning Technologies.

"Space is filling so quickly in the park that we had been approached to discuss an additional fifth building," said Finance Minister Greg Byrne in a release Tuesday.

"Today, I am pleased to announce that the provincial government will have a hand in ensuring that the Knowledge Park is able to continue to grow to meet the increased demand for space."

Doug Motty, CEO of Enterprise Fredericton, which runs the Knowledge Park, said the rapid growth sends a signal that New Brunswick is open for business and ready to support the IT industry.

"We have been in discussions with well-known international firms to grow their companies here and this commitment by Research in Motion shows it understands the value of the New Brunswick business climate," he said in a release.

Susan Holt, president of the Fredericton Chamber of Commerce, said when a world leader such as RIM expands here, it further validates that the capital has a great workforce and a lot of opportunities for innovative companies to be successful.

She said the announcement regarding the two new buildings in the Knowledge Park this summer is a sign of the momentum in Fredericton's business community.

"We are certainly seeing it in our membership," said Holt.

"There is talk of expansion and there are people looking for space. Companies are growing."

Last edited by cl812; Aug 26, 2010 at 12:55 AM.
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  #2046  
Old Posted Aug 25, 2010, 1:10 PM
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High-tech company has 20 vacancies
Published Wednesday August 25th, 2010
Network | Internet security business is booming, Q1 Labs says, and it's winning market share
D1
By STEPHEN LLEWELLYN
llewellyn.stephen@dailygleaner.com

Fast-growing online security company Q1 Labs Inc. is looking for 20 high-tech workers for its research and development centres in Fredericton and Saint John.

"Software engineering is probably our biggest hiring," said Chris Fanjoy, senior vice-president of engineering and quality assurance, on Tuesday.

"There are 10 open positions right now in software engineering."

Q1 Labs is also hiring technical writers, quality assurance engineers and a network administration position, said Fanjoy.

"Right now we have 20 open positions in Saint John and Fredericton," he said.

"As Fredericton is the base for R&D it is also our base for our customer support centre so all of our support engineers are based in Fredericton."

Q1 Labs is what the industry calls a security information and event management (SIEM) and log management company.

Q1 Labs was formed in 2001 and grew out of a project at the University of New Brunswick in 1999.

This spring the company got a $560,000 payroll rebate from the provincial government in return for hiring 70 people in Fredericton and Saint John.

Q1 Labs already had 34 employees in Fredericton and Saint John when the government funding was announced.

"Since the announcement, we've actually brought on five new hires and we have been actively recruiting," said Fanjoy.

"If we fill these 20, we are close to 60."

He said he expects to reach 70 by next year.

"It is proving to be a little more difficult (than expected finding the right people)," said Fanjoy.

"When you are going after one or two engineers, it tends to be easier.

"But when you are trying to hire bulk like, this it tends to take a little longer."

He said a lot of people don't like moving between companies in New Brunswick and Atlantic Canada.

"We have our feelers out everywhere, using recruiters and our internal referrals we get from our own people," said Fanjoy.

"There are a lot of companies right now recruiting."

Fanjoy said Q1 Labs has a university co-op program that has been successful.

"We tend to have four to six university students on our team all year round," he said.

"We have probably converted seven or eight of those into full time over the past four years and we are constantly doing that."

He said those co-op students work on projects and become trained engineers when they graduate and an effective resource when they join the team.

Fanjoy also said the company has enough space in Fredericton and Saint John to house its new workers and a 3,000-square-foot expansion is planned this year.

John Burnham, vice-president of corporate marketing, said Q1 Labs customer base grew by 80 per cent in the first half of 2010.

"The segment we are in is very hot right now," he said in a telephone interview from Q1 Labs corporate headquarters in Waltham, Mass.

"It will be for the foreseeable future as it is tied to compliance and cyber threats, which don't seem to be going away any time soon.

"That is having impact on our hiring requirements."

Burnham said one of the global drivers for Q1 Labs is Internet-based cyber attacks from groups ranging from criminal organizations and state-supported terrorists to rogue individuals and bored college students.

"Our solutions help our customers monitor that activity and also do pre-threat analysis to get in front of the potential attacks," he said.

The other major issue creating business for Q1 Labs is government and corporate regulations requiring Internet system security, said Burnham.

That ranges from personal credit information to online medical records, he said.

"Anyone taking a credit card swipe needs to be compliant with these regulations or risk losing their ability to use that credit card in their business," he said.

Q1 Labs sells QRadar, which monitors all data that traverses a company or organization's network, analyses it and provides a report, he said.

Experts are projecting that the security software industry is growing at nearly 11 per cent a year and the segment in which Q1 Labs specializes will grow by 20 per cent annually until 2014, said Burnham.

The privately owned company has about 200 employees and doesn't release sales and profit figures. But Burnham said over the last five years the company's average revenue growth is 70 per cent and Q1 Labs is profitable.

That's three times the segment growth, which means the company is taking market share from the competition, he said.
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  #2047  
Old Posted Aug 25, 2010, 1:16 PM
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Knowledge Park vs. Downtown

As wonderful as it is to see RIM expanding and other buildings going up at the Knowledge Park, I do have to sound an alarm here. These developments are not good for downtown and as I have said before, I am dissapointed in the city's efforts to control sprawl and support dense development downtown. While it is great that the park is expanding, projects in the city centre are sitting stalled. Frederick Square Phase II,the vacant land off King and Regent where the Bus Depot was, and the large parcels of land in the West End are prime for development, however, the Knowledge Park is hurting the prospect of any development happening here.

While the province is supporting the development of 50 jobs through investment of the knowledge park, they may in fact end up eliminating more jobs if they are not more sensitive to the development's location. When 150 jobs move up the hill, the local businesses downtown who rely on these workers for foot traffic and revenue suffers. There are more small businesses in Fredericton than large corporations and when I see this type of development, I become concerned that a hollowing-out of the downtown could be on the horizon.

For those who argue that a new convention centre will soften this trend, I invite them to visit Saginaw (MI), where this type of development policy in the 80s, slowly eroded the centre of the city to being a few government offices, empty store-fronts, a rarely used 3-star hotel, and a virtually emtpy convention centre.

The city needs to put a new focus on the downtown core and support (with the province) development of downtown Class A office space before making any further investment into suburban-style office parks. Yes, it is cheaper to build up on the hill in a suburban environment - however, the long-term economic impact will not be a great story for the future Fredericton I think everyone wants to see. RIM would have been a great tenant for Frederick Square II and potentially a catalyst for more development downtown. Their move will only result in more vacant office space downtown, and less likelyhood of future higher-quality development...the demand will not be there.
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  #2048  
Old Posted Aug 25, 2010, 1:39 PM
OliverD OliverD is offline
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Your point is valid, but I have to ask, what incentive is there for companies like RIM to be downtown if the cost of being in the Knowledge Park is substantially lower?
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  #2049  
Old Posted Aug 25, 2010, 1:41 PM
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Although I disagree that Queen Street should be one-way for a single block, Jordan Graham's comment about changing downtown for "two hours a day" is idiotic. We might as well design all roads for the 22 hours a day where traffic isn't high. Screw the commuters.
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  #2050  
Old Posted Aug 25, 2010, 5:50 PM
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Originally Posted by OliverD View Post
Your point is valid, but I have to ask, what incentive is there for companies like RIM to be downtown if the cost of being in the Knowledge Park is substantially lower?
It is not the cost to RIM, it is the cost of the development. Class A office space, spread across a city like Fredericton, will vary by a very small margin from site to site, if not be completely standard across the city. The cost issue is the development of the building. RIM is not building and owning this building, they will be leasing it. The city, province, and other partners are throwing the money into developing it and will make their money back on the lease and business taxes over a period of several years. They have a model for calculating this when making an investment.

The cost issue involves the development of the building. It is much cheaper to build a building on firmer soil on the hill with space to build a parking lot than it is to build a high-rise downtown. Look at the convention centre as an example. The cost issue is one the political parties are concerned with and in the long term, the initial savings of investing in the development of a business hub in the sururbs may adversely effect the sustainability of larger revenues from lost businesses in the downtown core.

A third issue is timing. They can construct a low-rise structure in the Knowledge park faster than a structure downtown. Again, RIM cannot wait for a new building that takes as long as the convention centre to construct.

For RIM, they need the space and there is nothing available downtown to suit their needs. My comment is that if Fredericton is truly goign to be "what a city should be", they need to start encouraging downtown development to accomodate companies like RIM with quality, affordable space and understand that the longer-term investment is greater than suburban business campus sprawl.

It is a catch-22 situation, but if they do not take a longer-term look at return on their investment, these "super funds" to encourage development for today's needs and not tomorrrow's is going to hurt the city.
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  #2051  
Old Posted Aug 25, 2010, 6:54 PM
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It is not the cost to RIM, it is the cost of the development. Class A office space, spread across a city like Fredericton, will vary by a very small margin from site to site, if not be completely standard across the city. The cost issue is the development of the building. RIM is not building and owning this building, they will be leasing it. The city, province, and other partners are throwing the money into developing it and will make their money back on the lease and business taxes over a period of several years. They have a model for calculating this when making an investment.

The cost issue involves the development of the building. It is much cheaper to build a building on firmer soil on the hill with space to build a parking lot than it is to build a high-rise downtown. Look at the convention centre as an example. The cost issue is one the political parties are concerned with and in the long term, the initial savings of investing in the development of a business hub in the sururbs may adversely effect the sustainability of larger revenues from lost businesses in the downtown core.

A third issue is timing. They can construct a low-rise structure in the Knowledge park faster than a structure downtown. Again, RIM cannot wait for a new building that takes as long as the convention centre to construct.

For RIM, they need the space and there is nothing available downtown to suit their needs. My comment is that if Fredericton is truly goign to be "what a city should be", they need to start encouraging downtown development to accomodate companies like RIM with quality, affordable space and understand that the longer-term investment is greater than suburban business campus sprawl.

It is a catch-22 situation, but if they do not take a longer-term look at return on their investment, these "super funds" to encourage development for today's needs and not tomorrrow's is going to hurt the city.
Actually, I wouldnt be surprised if the rent would be cheaper downtown for them. I think the lease rates in Knowledge Park are very high. The company I used to work for (recently aquired by another) was looking at office space up there and the rents were by far the highest of all the options considered. But, like you say it probably is mostly due to the amount of time required to construct downtown as opposed to up the hill and they likely require the space ASAP.
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  #2052  
Old Posted Aug 25, 2010, 7:06 PM
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Actually, I wouldnt be surprised if the rent would be cheaper downtown for them. I think the lease rates in Knowledge Park are very high. The company I used to work for (recently aquired by another) was looking at office space up there and the rents were by far the highest of all the options considered. But, like you say it probably is mostly due to the amount of time required to construct downtown as opposed to up the hill and they likely require the space ASAP.
I would bet that if Freddy Square II took the risk to build that it would be filled rather quickly. That is the problem that no local developers are willing to build on spec anymore
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Old Posted Aug 25, 2010, 7:07 PM
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More on the new round-about being planned for the northside....

http://www.fredericton.ca/en/transpo...Roundabout.asp
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  #2054  
Old Posted Aug 26, 2010, 1:21 AM
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Your point is valid, but I have to ask, what incentive is there for companies like RIM to be downtown if the cost of being in the Knowledge Park is substantially lower?
A few years ago, the rent at Knowledge Park was identical to the TD building downtown. At KP you also had to rent a whole floor (10,000 sqft) while downtown, the landlords were very willing to subdivide.
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Old Posted Aug 26, 2010, 2:38 PM
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City defends move to change traffic pattern
Published Thursday August 26th, 2010
A3
By HEATHER MCLAUGHLIN
mclaughlin.heather@dailygleaner.com

Reconfiguring Queen Street between Regent and St. John streets into a two-way street and removing all on-street parking in that block isn't an idea that's coming out of the blue, say city officials.

The plan was proposed back in 2006 when the city commissioned a special report from ADI Ltd. on how to handle traffic volumes expected from the new downtown convention centre. In 2008, a more detailed study was undertaken by ADI and the traffic plan was approved by council as a term and condition of the zoning approvals for the development.

"This decision has been brought up to be revisited by Coun. Jordan Graham," said Coun. Bruce Grandy, chairman of the city's transportation committee.

Downtown businesses owners are opposed to taking away parking and concerned about converting one block of historic Queen Street to accommodate two-way traffic.

The city-owned convention centre will have a ballroom large enough for 1,500 people next door to the 700-seat The Playhouse.

Grandy said last week the city's transportation committee had a thorough review and brought traffic adviser Don Good in for a refresher on why the changes are required.

"We need to ensure that traffic flows smoothly around the whole block. It's not just about Queen Street. It affects St. John Street, King and Regent streets as well," Grandy said.

"Traffic queuing would happen as you go up Regent Street if everyone is trying to turn (only) onto King Street to get into the parking garage. You would back up traffic not only from King to Queen on Regent, but onto Ste. Anne's Point Drive," Grandy said. "It's not about trying to upset business or anything else. It's about the smooth flow of traffic and trying to ensure that we manage traffic in and out and around that full block. It's more than just turning Queen Street into two-way."

ADI looked at how traffic would flow during the daytime and during evening events and how major businesses, such as the Crowne Plaza Hotel would be affected.

"Council looked at it and said it was a good plan," Grandy said.

The councillor said he's happy to hear comments and opinions come forward from the business community because it's an important issue.

"There's no bigger supporter of downtown than I am. Downtown is a great entity and we need to make sure we support the businesses there," he said. "There's a balance ... but we hire qualified consultants to look at all of this and give us advice."

City council has yet to give final approval to the traffic bylaw change.

"This was approached exactly how any development in the city is approached," said city traffic engineer Darren Charters. "If we feel that the development is going to have an impact on traffic, we do a traffic impact assessment."

Charters said ADI looked at traffic volumes and road configurations and the anticipated demand on the roads and intersections from the extra traffic.

The option, which the public works and engineering department recommended and city council approved, had the best outcomes not just on Queen Street, but on the key traffic intersections surrounding and feeding traffic into the downtown east end, Charters said.

"It was not done to facilitate buses getting to the front of the conference centre. That was a spinoff effect. But it was the best option for Queen Street to deal with all the issues around here, not just Queen Street," Charters said.

He said the Regent and King streets intersection has limited capacity and there's no room to expand the intersection given surrounding buildings.

"That was kind of the worst intersection," Charters said. "The goal of this (plan) is to get people into the convention centre, the office complex and the parking garage by making left turns."

To only have left turns at the Regent and King street intersection toward the east end complex would put huge pressure and create snarls, Charters pointed out.

With Queen Street two-way between Regent and St. John streets, motorists heading south-bound on Regent Street looking to access the downtown east end can turn left onto Queen or left onto King or left onto Brunswick.

For northbound traffic, right-turning movements off Regent Street will allow drivers to access to the east-end complex.

Removing parking off Queen Street is needed to create a dedicated turning lane for westbound traffic on Queen Street that needs to access St. Anne Point Boulevard and the Westmorland Street Bridge, the city said.

To allow that dedicated right-turn lane to queue up more vehicles, it has to be moved as far back as the Crowne Plaza Hotel, Charters said.

"This now is a very heavy demand movement. With the parking garage and the conference centre, demand will go really high. You have to separate traffic out or it backs up into other lanes and shuts things down," Charters said.

With regard to complaints from business owners about speeds increasing on Regent Street, Charters said that's a valid concern and the city will address it by adjusting signal times at Regent and King streets and at Queen and Regent streets.

Starting Monday, the city expects to start work on a new signalized intersection at St. John and Queen streets.
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  #2056  
Old Posted Aug 27, 2010, 3:00 AM
Fredboy Fredboy is offline
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Knowledge park vs Downtown

I think Pugsley makes some great points about downtown remaining vibrant. The continued drain to Knowledge park, while good for clustering of IT companies will impact downtown negatively unless there is a plan to replace those companies. I just don't know what sector will do that if not IT? Givernment won't be a growth area, and the Engineering sector never did set up in the downtown.
I know Stantec had been contemplating a building somewhere. Perhaps it could be downtown.....
What things could be done to entice them to the downtown?

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Originally Posted by Pugsley View Post
It is not the cost to RIM, it is the cost of the development. Class A office space, spread across a city like Fredericton, will vary by a very small margin from site to site, if not be completely standard across the city. The cost issue is the development of the building. RIM is not building and owning this building, they will be leasing it. The city, province, and other partners are throwing the money into developing it and will make their money back on the lease and business taxes over a period of several years. They have a model for calculating this when making an investment.

The cost issue involves the development of the building. It is much cheaper to build a building on firmer soil on the hill with space to build a parking lot than it is to build a high-rise downtown. Look at the convention centre as an example. The cost issue is one the political parties are concerned with and in the long term, the initial savings of investing in the development of a business hub in the sururbs may adversely effect the sustainability of larger revenues from lost businesses in the downtown core.

A third issue is timing. They can construct a low-rise structure in the Knowledge park faster than a structure downtown. Again, RIM cannot wait for a new building that takes as long as the convention centre to construct.

For RIM, they need the space and there is nothing available downtown to suit their needs. My comment is that if Fredericton is truly goign to be "what a city should be", they need to start encouraging downtown development to accomodate companies like RIM with quality, affordable space and understand that the longer-term investment is greater than suburban business campus sprawl.

It is a catch-22 situation, but if they do not take a longer-term look at return on their investment, these "super funds" to encourage development for today's needs and not tomorrrow's is going to hurt the city.
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  #2057  
Old Posted Aug 27, 2010, 3:02 AM
Fredboy Fredboy is offline
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Costco

Costco pad is for a 142,000 square foot building. That would make it the largest Costco in the Maritimes (Atlantic?) correct?
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  #2058  
Old Posted Aug 27, 2010, 3:23 AM
Fredboy Fredboy is offline
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Corbett Center

Just checked the Rio Can web site page. Deluxe Fish and Chips is going into Corbett Center beside Panago. I don't know if that means they will leave their Prospect Street site as well as Regent Mall??
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  #2059  
Old Posted Aug 27, 2010, 3:27 AM
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theshark theshark is offline
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Wow, a Deluxe in a new building!!!! have not seen that for a while.
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  #2060  
Old Posted Aug 27, 2010, 10:55 AM
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Freddypop Freddypop is offline
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Quote:
Originally Posted by Fredboy View Post
Costco pad is for a 142,000 square foot building. That would make it the largest Costco in the Maritimes (Atlantic?) correct?
142,000 SF for store is same as Saint John. An additional 6000 SF for the gas bar. Total 148,000 SF
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