IT park to grow
Published Friday February 6th, 2009
City | Knowledge Park wants to develop 14 more buildings
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By SHAWN BERRY
berry.shawn@dailygleaner.com
Knowledge Park officials have unveiled an ambitious plan to develop more office space to meet the future needs of the city's burgeoning technology industries.
The plan calls for the development of 14 additional buildings to serve as a base for clusters of companies in information technology, biotechnology, forestry, health care and advanced learning sectors.
It's a response to a growing need for space among those companies.
Conceptual drawings call for the addition of the buildings on land between Knowledge Park Drive and the Hugh John Flemming Forestry Complex.
The pace of development will depend on demand, but proponents are expecting things to take off.
"It's the right time and the right place for this kind of approach," said Greg Kealey, president of Knowledge Park's board of directors.
He's also provost and vice-president of research at the University of New Brunswick.
"Fredericton is home to a uniquely robust and mature technology sector," he said.
Construction of the first of those buildings could be announced in six to eight weeks.
The park, which is owned by Enterprise Fredericton, has three buildings. They were opened in 1999, 2001 and 2003, respectively.
New space for emerging tech-based industries in the city is needed. As it stands, only about two per cent of the office space at Knowledge Park is available.
That's problematic for local businesses looking to expand.
"The difficulty we face at the moment is that often people come and want space immediately, but we're always in a position where we need the people before we can build the building," said Laura O'Blenis, general manager of Knowledge Park.
In fact, one company is moving out because it needed more space than was available, Kealey said.
"Unfortunately, we lost a very good tenant, one that I was particularly attached to because it was a spinoff company from the University of New Brunswick, but we just didn't have place to accommodate them. That's Q1 Labs. They're leaving the park to go to Bishop Drive."
Many business parks and incubation centres view 15 per cent vacancy as an ideal, O'Blenis said.
In Fredericton, she said, there's only one per cent vacancy for Class A office space - the office space that includes a foyer and elevators.
That's hindering business development, she said.
The addition of 14 buildings would add 650,000 square feet of office space.
Kealey said companies that are doing research and development are key to the economy.
At UNB, $50 million in research is paid for through private funding, he said.
"Half of that is spent on the people doing the research."
Now is the time to make the investment, he said.
"Especially in times of economic uncertainty, we must plan, build and strategize so that we're equipped and ready to take advantage of long-term opportunities."
O'Blenis said it's an investment in the community's long-term economic vitality.
"The employment opportunities that they provide are gainful employment opportunities and ones that we hope future generations will be able to work at."
Mayor Brad Woodside said the plans are a clear sign Fredericton won't rest on its laurels.
Diversification of the local economy away from reliance on the civil service has been a cornerstone for years, he said.
"We're extremely motivated in what we're doing and we won't let up," the mayor said.
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Deal to buy city market is close
Published Friday February 6th, 2009
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By SHAWN BERRY
berry.shawn@dailygleaner.com
A deal that would see the province acquire the Boyce Farmers Market is close, say sources with knowledge of the negotiations.
Details are still being hammered out, but a proposal is expected to be presented in the coming weeks.
"The way it would work is that the province would buy it and the city would run it," said one individual familiar with the talks.
The city, in turn, could leave the management to a third party, such as a non-profit community service group. York County Properties would remain involved for six months to help out with the transition.
"The city and the province are working out the details," the source said.
Two other individuals said details should be made public soon.
Mayor Brad Woodside has previously stated that the city would be willing to participate on a board of directors for a new organization, but considered the market a collective responsibility.
Reached Thursday, he said council hasn't received a proposal since he made those comments in September.
York County Properties said last year that it wants to divest itself of the market property to focus on providing nursing home care.
Ken McGeorge, executive director of York County Properties, deferred comment on the matter to the province.
"We are still in discussion with the province," he said Thursday. "Any announcement would have to come from the Department of Supply and Services."
Provincial legislation governing the market required the organization to give the province the first opportunity to buy the property. The province leases the property during office hours to provide parking for civil servants.
Rick Miles, the MLA for Fredericton-Silverwood who also serves as the spokesman for local government MLAs, said negotiations are ongoing.
"I'm confident something can be worked out," he said.
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Airport soars to record year
Published Friday February 6th, 2009
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By SHAWN BERRY
berry.shawn@dailygleaner.com
Business travel, a summer connection with London, England, and winter flights to warm climes helped make 2008 the Fredericton International Airport's busiest year.
NEW HEIGHTS: David Innes, president and CEO of the Fredericton Airport Authority, holds up a model version of the Air Transat plane that travels between Fredericton and England. Innes says that the direct flight to England is one of the big contributors to the airport’s record year in 2008.
A total of 270,435 passengers passed through the airport last year. That's an increase of more than 10 per cent over the last two years.
The numbers are a good sign, said airport CEO David Innes.
"We're always watching our traffic, because it's a general statement on the condition of the airport and the local economy," Innes said.
The numbers help bolster the airport's case for an air link to the United States, Innes said.
"Certainly air carriers love to see a place that is growing and seeing more economic activity," he said.
Fredericton has been without a flight to the U.S. since a subcontractor to Delta Airlines ceased flights between the capital and Boston more than a year ago.
Flight traffic at the airport is also up. The Fredericton International Airport was the busiest in its class in the country in December.
"We will continue our efforts to attract another carrier consistent with our mission of always looking for ways to give our passengers more options," Innes said.
The airport has direct flights to Halifax, Toronto, Montreal and Ottawa, and seasonal flights to the U.K. and sun destinations.
Regular business travel remained robust, and the addition of services contributed to the record numbers, Innes said.
"Our direct, non-stop service to Ottawa completed its first 15 months with great results. It will continue to operate year-round."
"The addition of a new direct seasonal flight to London, U.K., which ran once a week from May through October, made New Brunswick more accessible to European tourists and its success has led to a second year of the service. Tickets are already being sold for the flight, which resumes on April 28."
Destinations in the Caribbean are also popular. The flights by Sunwing and Air Transat run Feb. 16 to May 4.
Airport officials have stated their case to NAV Canada, the Crown corporation responsible for flight services, that the number of flights at the airport should entitle the facility to a full-service control tower.
The airport recorded 5,804 flights in December, according to aircraft movement data published by Statistics Canada. The numbers make the airport the busiest facility served by a flight service station.
A total of 2,321 were local flights in which the aircraft remained in close proximity to the airport, often carried out during training flights.
The number of flights at the airport has been mushrooming because of flight training programs offered by the Moncton Flight College's Fredericton campus to overseas students.
The number of students at the college is growing to 180 from 160 over the next month.