Some interesting information in next Monday's Council agenda, where several of the City's agencies, boards and commissions have brief status reports.
SJDC's report has a couple statements about the Coast Guard site:
- In the "High-Level 2017 Performance/Service Objectives" section: "Development of Fundy Quay alternative strategy"
- In the "Recent Accomplishments" section: "Fundy Quay: environmental costing complete based on high-density buildout ($3.7M). Currently assessing mid-low density buildout options and associated costs. Anchor tenant has chosen alternative option for new building."
(Source:
http://www.saintjohn.ca/site/media/S...a%20Packet.pdf pages 411-412)
Unfortunately, this leaves us with more questions than answers.
- What is the "alternative strategy" and why is it necessary?
- Does the exploration of "mid-low density buildout options" mean it's possible the site's density/development potential won't be maximized? I would think environmental remediation costs would be similar regardless of the density unless they take out the residential component entirely (which would be a huge mistake).
- Who is their anchor tenant and what are the implications of them choosing the "alternative option"?
It's clear that things are happening behind the scenes, but it's not so clear whether or how the overall vision for the project may be changing, and if it's for the better or worse.