With the approval and imminent construction of Lafford's 20 Record Street project, the impetus for future development in downtown Moncton south of Main Street will fall almost exclusively upon Ashford.
This image from a CBC article two years ago shows the extent of Ashford's land holdings in the area:
The area shaded in red is exclusively owned by Ashford. The area shaded in yellow is owned by companies linked to the Ashford group. This encompasses virtually all of the land between Blue Cross and the Lafford development.
Now, the city wants to reestablish the street grid south of Main Street. I would say that Ashford must be in deep discussions with city planning regarding what they want for this area of the city. An important part of this will be the next phase of Downing Street, which is likely where we will see the next major development in this area. Once this is complete, the new street grid will need to be developed, but in order to see this happening, surface parking will have to be displaced, therefore I expect a large parking structure to be built sometime in the next 5-7 years or so. Once the street grid is reestablished, then the remainder of the land will be primed for development.
Some of this will no doubt happen concurrent with the Lafford project. The rest may not happen for some time later, but this section of Moncton should be entirely different by 2030-35.