[Moncton] Dieppe Developments

[jonny golden]

Looking at the footprint of the property, I'm not sure they could add another component to this building. Would they demolish it and build something new, like a residential tower with ground floor retail? I can't see them doing that. They do currently have that 2nd floor office space as part of the existing building.

[acadieman]

from my perspective it's not worth it , the cash flow for that building must be good with the flooring space mostly leased. maybe in 10 years.

Any news on the building next to UNI (caisse populaire ) ?

[jonny golden]

Originally Posted by acadieman

from my perspective it's not worth it , the cash flow for that building must be good with the flooring space mostly leased. maybe in 10 years.

Any news on the building next to UNI (caisse populaire ) ?

I'd agree, especially since they have the 2nd floor office space leased out as well as the retail. I think they'll sit on it and collect the cash. They have a lot of other projects they can do.

[L'homard]

That place is almost always fully occupied. Add to that the potential to develop it further at some point down the road and it seems like a winner all around. Just daydreaming here but they might even be able to hive off a slice of CF's unused land right in their backyard and create a signiture development on what could end up being the most, or second most, prominent location in Dieppe.

[acadieman]

Promenade 9 first tenant announced , A Medical centre will open on May 3 , dentist and other specialist , kind of a nice addition to the family clinic at the guardian next to this building.

[MonctonRad]

Originally Posted by acadieman

Promenade 9 first tenant announced , A Medical centre will open on May 3 , dentist and other specialist , kind of a nice addition to the family clinic at the guardian next to this building.

Any word on Promenade Neuf Phase Two yet?

[jonny golden]

Originally Posted by acadieman

Promenade 9 first tenant announced , A Medical centre will open on May 3 , dentist and other specialist , kind of a nice addition to the family clinic at the guardian next to this building.

Not surprised considering the backgrounds of the founders of Quest Capital: http://questcapital.ca/#who

[MonctonRad]

Nice aerial of Promenade Neuf, with the Moncton skyline in behind.

[MonctonRad]

Here's some info regarding Promenade Neuf Phase Two:

Quest Properties is thrilled to announce the upcoming Phase II of the Promenade Neuf project. This next phase will be designed with approximately 30 new 1-bedroom units equating to about 40% of the new building and approximately 48 additional 2-bedroom units to meet demand.

This means that phase two will probably be the same size as phase one.



That little apartment building (#226) is going to be squashed between it's two much larger neighbours.

Construction of Phase II begins May 2021

Expect to see the return of the tower crane sometime this summer.

Still no renders available AFAIK.

[MonctonRad]

Originally Posted by NBNYer

Im not sure what these people were expecting of Dieppe blvd., it was quite clearly planned to accommodate commercial and high-density mid-rise residential buildings on all the large lots flanking either side. I really doubt the city will stop this development from happening. Especially considering the Elan building already built right across the street.

Dieppe city council has voted to "accept the recommendation made on February 17, 2021 by the Planning Advisory Committee regarding an application to amend the rezoning agreement entitled “Fox Creek Golf Community Project” dated April 23, 2003 and amended on May 8, 2014, relating to By-Law 96-48-36."

I presume this will allow the developer of that apartment cluster at Dieppe Blvd & Nathalie to increase the height of their proposed buildings from five storeys to six.

[MonctonRad]

Another tidbit from Dieppe city council:

That Council authorize the signing officers to sign the Purchase and Sale Agreement between the City of Dieppe and Duparc Real Estate Group Inc. for the sale of the land having an area of 18,148 square feet, identified under PIDs 70477294 and 70649314 and located at the corner of Champlain and Marché Streets, at the cost of $453,700 (plus HST), pursuant to the conditions outlined in the said agreement.

I presume this is the unimproved land currently being used as a dirt parking lot on the SW corner of Champlain & Marche. Since this is at the heart of downtown Dieppe, and the purchaser is Duparc (a well established developer), I expect to see a significant project for this property in the next couple of years.

[NBNYer]

Originally Posted by MonctonRad

Another tidbit from Dieppe city council:



I presume this is the unimproved land currently being used as a dirt parking lot on the SW corner of Champlain & Marche. Since this is at the heart of downtown Dieppe, and the purchaser is Duparc (a well established developer), I expect to see a significant project for this property in the next couple of years.

Very interesting. This is the most prominent empty lot in Dieppe right now. I expect a large development here, perhaps with some height to it.

I've also noticed that construction seems to have halted on the 5-story build across from Evolution Place. The first floor concrete structure is complete and I suspect the upper floors are wood framed. Maybe a work crew availability issue.

[tmacdougall]

Google Earth is showing a house on the SW corner or am I looking at the wrong spot?

To note, if you go on SNB Property Assessments, the satellite images are so old, the Wingate Hotel among other building are not shown.

Originally Posted by MonctonRad

Another tidbit from Dieppe city council:



I presume this is the unimproved land currently being used as a dirt parking lot on the SW corner of Champlain & Marche. Since this is at the heart of downtown Dieppe, and the purchaser is Duparc (a well established developer), I expect to see a significant project for this property in the next couple of years.

[MonctonRad]

Originally Posted by tmacdougall

Google Earth is showing a house on the SW corner or am I looking at the wrong spot?

There is no house there - just a big muddy parking lot, crying to be redeveloped, especially since all the adjacent properties have good quality developments built on them.

For orientation, this property would be on the north side of the Wingate Hotel.

[MonctonRad]

Another set of traffic lights coming for Dieppe Blvd - at the intersection with Lakeburn and Murray.

[josh_cat_eyes]

Originally Posted by MonctonRad

Another set of traffic lights coming for Dieppe Blvd - at the intersection with Lakeburn and Murray.

I’m honestly surprised there are not already lights there. I love the little retail area there too, it’s kinda of what I envision for the Bridgedale/Gunningsville area in Riverview.

[MonctonRad]

So, the first commercial enterprise to be located on the ground floor at Promenade Neuf will be glo, a unique "medical spa" which will combine orthodontic and non-surgical skin care services all under one roof. This apparently will be somewhat unique in North America:

http://glodieppe.com/?fbclid=IwAR1Kd...exEuJrwCeibm7I
https://www.facebook.com/glodieppe/

[NBNYer]

Construction seems set to resume at the 5-storey mixed use building on Champlain street as construction material has been delivered. There was very little activity at this site for over a month. Also, another house was torn down this week across Champlain street from this building. Could be yet another development for downtown Dieppe.

[NewIreland]

Originally Posted by MonctonRad

Nice aerial of Promenade Neuf, with the Moncton skyline in behind.

What skyline? Am I missing something?

[MonctonRad]

Originally Posted by NBNYer

Construction seems set to resume at the 5-storey mixed use building on Champlain street as construction material has been delivered. There was very little activity at this site for over a month. Also, another house was torn down this week across Champlain street from this building. Could be yet another development for downtown Dieppe.

Looks like site prep may be underway here...........