Quote:
Originally Posted by Leroy321
Do you think we will see the Ashford/Downing project being discussed at PAC this year?
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no more than 50/50.
Riberviewer posted on the downtown thread the other week that the Ashford project was undergoing "revisions" at present. I don't know what this means, but, he seems to have his finger on the pulse of downtown development, at least to some degree.
I have no idea how substantial these "revisions" are.
In any event, the plans will not be made public until Ashford is ready.
It is important to remember that Ashford/Downing is a large, complex and multifactorial development proposal.
Components include:
1) - creation of a new street connector in behind Assumption Place from Downing Street to Westmorland Street (and eventually even as far west as Foundry Street).
2) - relocation of the city market to Downing Street, on the north side of the new street connector. The new city market will be connected to the Hotel Beausejour, and will include flex space that could be used for market activities, but, also as overflow convention space for the hotel.
3) - The doubling of Downing Street to create a two way, but highly pedestrianized thoroughfare with a large central plaza component.
4) - extensive infrastructure work (ongoing)
These four parts of the project will require funding from all three levels of government, which is always difficult to arrange.
5) - Ashford will construct a large mixed use building on the south side of the connector street, extending as far as Assumption Blvd. This will be entirely private, but, will presumably consist of a residential tower on a commercial podium. This is the part of the project undergoing "revision" as Riberviewer noted. I suspect it is being downsized due to current market conditions.
We will not see any presentations until they have a firm plan. Something tells me it won't be anytime soon.