[Moncton] Northwest/Magnetic Hill Developments

[MonctonRad]

Very interesting. I'll have to go and have a look-see.

[Leroy321]

Delete

[Leroy321]

I found this render for 123 Salisbury Road on Slatehill Properties website. It will be called Riverbank Residences:



Link: https://slatehill.ca/riverbank

[MonctonRad]

Looks very nice.

[MonctonRad]

Originally Posted by Leroy321

They put up some property markings around site today.

I had a look-see yesterday. It's mostly flagging material around the property. If I was to guess, I would say they are getting prepared to clear the lot.

[Moncton metal guy]

Looks like they took down the outbuilding in the back, and maybe starting the new condos?

[Leroy321]

Originally Posted by Moncton metal guy

Looks like they took down the outbuilding in the back, and maybe starting the new condos?

There is a planned 6 story condo by SAMM developments on that site.

Link: http://www.sammdevelopments.com/magnetic-hill-condos

[MonctonRad]

Originally Posted by Moncton metal guy

Looks like they took down the outbuilding in the back, and maybe starting the new condos?

Welcome to the forums.

It would be great if they are preparing to build the new condo development, but is there enough room there without tearing down at least part of the hotel?



This is a pretty large building..........

[Leroy321]

^^^

I took a drive by earlier, and there is indeed fencing up and heavy machinery on site. The fencing wraps around a large part of the property, but it's hard to see from the road.

[MonctonRad]

Originally Posted by Leroy321

^^^

I took a drive by earlier, and there is indeed fencing up and heavy machinery on site. The fencing wraps around a large part of the property, but it's hard to see from the road.

Interesting.

Between this and the development on Corey Craig Drive, Magnetic Hill is really going to be a hive of activity this year!!!

[Leroy321]

The first of 3 buildings at 480 Ryan Rd is now topped off.

[MonctonRad]

Originally Posted by Leroy321

^^^

I took a drive by earlier, and there is indeed fencing up and heavy machinery on site. The fencing wraps around a large part of the property, but it's hard to see from the road.

I took a drive by too. This is unquestionably an active construction site. Maybe that condo building is a go.......

[Leroy321]

^^^



Hopefully, this building is long enough that they will need to bring in a tower crane.

[Leroy321]

^^

They are digging a square hole that looks like it could be for a tower crane base.

[MonctonRad]

I had become concerned by the absence of any sign of activity regarding the anticipated (phase 2) expansion of the MID West Industrial Park.

I had thought we would see something last year, but here it is late April of this year with no signs of activity.

But this was just posted on CCD Canada:

NB - MONCTON
MONCTON INDUSTRIAL PARK W, PHASE 2
[SITE WORKS*] \ NEW INDUSTRIAL PARK
$1,922,000

Not much information in this thumbnail, but, things are still in the works apparently. Given a valuation of less than $2M, I would imagine this is for imitial site prep.

[MonctonRad]

Posted on CCD Canada:

SALISBURY RD. RESIDENTIAL BUILDING A - MONCTON, NB
NEW MULTI-UNIT RESIDENTIAL BUILDING

Starting Date (estimated): N/A
Location: MONCTON (NB)
Size: $12,250,000.00
Stage: 3-Planning or drawing
Published: 2026-04-21
Last Update: 2026-04-21

Work type: New construction
Sector: Private
Category: 4-Residential
Subcategorie: 4B-Residential Development
Disciplines: Architecture, Civil, Electricity, Equipment, HVAC, Building mechanic, Structural, Other

Description:
NEW MULTI-UNIT RESIDENTIAL BUILDING

Located in Moncton, Salisbury Rd., this project (Salisbury Rd. Residential Building A) estimated at $12 250 000 is in the planning stage. Based on a surface spread over 6 floors, works concern the construction of a housing building.

Architect: INFORMATION AVAILABLE TO SUBSCRIBERS
Consultant: INFORMATION AVAILABLE TO SUBSCRIBERS

This will be for the first building of this multi-building project on Salisbury Road near the Brenda Robinson Bridge:

[MonctonRad]

The proposal for this multi-building apartment complex on Corey Craig Drive near the casino received final approval last night.

[reflist]

Thank you MonctonRad for all the continuous updates!! This year is still looking to be another notable year for the GMA and thats exciting!

[jonny golden]

Originally Posted by reflist

Thank you MonctonRad for all the continuous updates!! This year is still looking to be another notable year for the GMA and thats exciting!

Now if only we'd hear from Ashford regarding their big development downtown!

[MonctonRad]

There is now also a listing on CCD Canada for "Residential Building "B"" on Salisbury Road. so it would appear they plan on constructing at least two of the "Riverbank Residences" buildings concurrently.