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Originally Posted by NBNYer
Very surprised to see this decision by Ashford given the current circumstances. It suggests that they don't see any significant redevelopment potential for this land in the foreseeable future if they are willing to make this investment. Meanwhile, other developers are proposing some of the largest-ever residential buildings in the city.
On top of that, I was under the impression that they already had some vacant office space in Assomption Place.
Does the city have any say in this?
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Does the city have any say? I would hope so, but I suppose it depends on what the current zoning for that parcel of land is. If zoning approval is not needed, or if what Ashford wants to do does not require a variance, then I suppose Ashford can do whatever it wants with the property.
I have heard that the old jail is built like a fortress, and that demolition costs would be astronomical. In the short term therefore, a gut and reno might make some sense as the cheapest option to improve the property and make it income generating. What troubles me in this scenario however is
"what sort of time frame are we talking about?" I would think spending a few million on a gut and reno only makes sense if we are looking at a 10-15 year interval to recoup the costs of the project.
What is the current status of phase 2 of Downing Street anyway? The city tends to do one thing at a time. They waited until after the Avenir Centre was built before spending any money on the Codiac RCMP HQ, and even now, construction is still a year off. The new police HQ won't open until 2024-25. If this is the case, does this mean phase 2 of Downing won't begin until 2026-27? There are other factors to consider; especially the relocation of the city market, and possible the downtown public library. This all requires planning. It could be that the "big fix" for Downing Street might not commence until 2030 or so. If this is the case, is Ashford just looking to spruce up the jail to make some money in the meantime???
Lots of questions here..............
In any event, people should let city hall know that this plan for the old jail is disappointing, and is an insult, and does not augur well for the future of the downtown core. Moncton deserves better. My long term vision for the core is for the removal of the Rogers call centre, not it's duplication..........