[Moncton] St. Bernard Place | 18 Storeys | Proposed - Page 4

jonny golden · #61 Posted **Dec 8, 2021, 3:46 PM**

My guess is that we just see some site prep this year. It was a parking lot, so at least they could remove the old asphalt. Then in the spring they'd be ready to start the excavation work.

That said, Mr. Grandmaison seemed to want to get the ball rolling on this project ASAP when he was interviewed about it in February. I'd kind of like to see them go ahead with the project now, and over the winter get as much done as possible.

jonny golden · #62 Posted **Dec 14, 2021, 11:55 PM**

Drove by the site this afternoon and there's nothing happening. But the roads they've upgraded look good with the new curbs and sidewalks.

So I guess we'll get a next spring start on this project.

jonny golden · #63 Posted **Mar 19, 2022, 6:52 PM**

I took a drive by the property today, and there's no activity yet. The land is clear and looks prime for construction to start. Let's hope there's no delay, as it's another exciting project for the downtown core.

MonctonRad · #64 Posted **Mar 19, 2022, 8:15 PM**

I won't start to panic yet unless they haven't broken ground by the end of April.

It will be a two year build. Hopefully there is no further delay...........

MonctonRad · #65 Posted **Apr 11, 2022, 2:42 PM**

Moved posts:

Quote:

Originally Posted by CreamOfpumpkin

I feel as though st. Benard may be delayed, maybe they are waiting on the material cost to go down. But they should have at least construction fencing by now

MonctonRad · #66 Posted **Apr 11, 2022, 2:43 PM**

Moved post #2

Quote:

Originally Posted by MonctonRad

I'm not going to panic for now, but if there is no construction fencing up or stakes in the ground by the first of May, then I will start to worry.

This is a significant project, and Groupe Frederic is a bit of an unknown. There isn't much online about this company. If they are pushing the envelope with this project, then financing could be tight, and could be affected by cost inflation.

I hope not. I love this project.......

MonctonRad · #67 Posted **Apr 11, 2022, 2:43 PM**

Moved post #3

Quote:

Originally Posted by jonny golden

I've had a gut feeling about this project for some time now, and not a positive feeling. If built, it would be a major shot in the arm for downtown so I really hope it proceeds as it was presented last year.

MonctonRad · #68 Posted **Apr 11, 2022, 2:44 PM**

Moved post #4

Quote:

Originally Posted by MonctonPerson

Groupe Frederic sold the land in February to a numbered company that lists Trevor Ritchie as its director. One of his companies was also behind the building on Weldon with townhouses on the ground floor.

What this means for the site plans is unclear. Last month city council approved changing over the development incentive from Groupe Frederic to the company that now owns the land.

MonctonRad · #69 Posted **Apr 11, 2022, 2:47 PM**

Quote:

Originally Posted by MonctonPerson

Groupe Frederic sold the land in February to a numbered company that lists Trevor Ritchie as its director. One of his companies was also behind the building on Weldon with townhouses on the ground floor.

What this means for the site plans is unclear. Last month city council approved changing over the development incentive from Groupe Frederic to the company that now owns the land.

This is a significant development.

At the very least, this calls into question whether of not the design of this building will remain the same. St. Bernard Square is (was) significantly larger (and more classy) than the Weldon Street apartment buildings. Will the new owners keep the same design, or opt for something more modest instead?

I am very concerned..........

MonctonRad · #70 Posted **Apr 11, 2022, 3:49 PM**

I honestly think this proposal is now dead in the water, what with the change in ownership of this property.

I am very sad about this. This building could have been the impetus to rejuvenate the east end of downtown. I am not confident that any new proposal will match this in any way.

I wonder how long this lot will remain fallow now????

CreamOfpumpkin · #71 Posted **Apr 11, 2022, 3:56 PM**

I am pretty sure Trevor Ritchie is with Brinkley investment inc. They are the one developing the 5 storey residential building along the coast in Cap Bimet.

NBNYer · #72 Posted **Apr 11, 2022, 10:31 PM**

Quote:

Originally Posted by MonctonRad

I honestly think this proposal is now dead in the water, what with the change in ownership of this property.

I am very sad about this. This building could have been the impetus to rejuvenate the east end of downtown. I am not confident that any new proposal will match this in any way.

I wonder how long this lot will remain fallow now????

I sure hope the city doesn’t settle for another generic 4-6 storey building for this very high profile lot next to a historic building. This lot deserves better.

josh_cat_eyes · #73 Posted **Apr 11, 2022, 11:02 PM**

Just because the property changed hands doesnt meant the proposal is dead. I’m sure whoever bought it won’t build something exactly the same, but they wouldn’t have bought it if they intended to sit on the vacate land. Especially after the city spent a lot of money upgrading the infrastructure in the immediate vicinity of the lot.

MonctonRad · #74 Posted **Apr 11, 2022, 11:16 PM**

Quote:

Originally Posted by josh_cat_eyes

Just because the property changed hands doesnt meant the proposal is dead. I’m sure whoever bought it won’t build something exactly the same, but they wouldn’t have bought it if they intended to sit on the vacate land. Especially after the city spent a lot of money upgrading the infrastructure in the immediate vicinity of the lot.

Well, the fact the city has transferred the incentive grant to the new owners is encouraging, and I imagine there are strings attached ensuring development occurs within a certain period of time, so something will get built here. I just doubt it will be anything on such a grand scale.

I could be wrong, but I have a bad feeling about this.

Monctoncore · #75 Posted **Apr 11, 2022, 11:52 PM**

Quote:

Originally Posted by MonctonRad

Well, the fact the city has transferred the incentive grant to the new owners is encouraging, and I imagine there are strings attached ensuring development occurs within a certain period of time, so something will get built here. I just doubt it will be anything on such a grand scale.

I could be wrong, but I have a bad feeling about this.

This could be more incentive for Ashford to move forward with their plans, one less large apartment complex to compete with. Though I don’t believe this project is dead, I have a feeling, there are some things holding it back, lack or Crane/crane operators for one.

Leroy321 · #76 Posted **May 16, 2022, 9:08 PM**

Is there anything new with this project?

jonny golden · #77 Posted **May 16, 2022, 11:31 PM**

Quote:

Originally Posted by Leroy321

Is there anything new with this project?

I drove by the site Saturday morning, and there is absolutely nothing going on. That's not surprising though, as the property recently changed hands. I would imagine that there's some planning going on behind the scenes, as it's not likely that an active developer would invest that money for no reason. Especially since the Weldon Street project is close to wrapping up. The question is, what do they intend to build and what's the time frame. I liked the previous 12 story proposed building, and I hope any new plan will be equally substantial.

MonctonRad · #78 Posted **Jul 24, 2022, 3:17 AM**

This post was just made on the general downtown thread:

Quote:

Originally Posted by bam63

Happened to be at an open house on Weldon street today and ran into the owner. He mentioned he had two upcoming projects. One of which is on a lot next to Bernard’s church consisted of 150 units over 12 floors.

This conforms to the specifications of St. Bernard Square. Maybe this development isn't quite dead yet after all.

jonny golden · #79 Posted **Jul 24, 2022, 11:58 AM**

Quote:

Originally Posted by MonctonRad

This post was just made on the general downtown thread:

This conforms to the specifications of St. Bernard Square. Maybe this development isn't quite dead yet after all.

If Frederic Properties isn't going to proceed, then they wouldn't have any use for the design plans they did for the building. So it would make sense that they would offer them in the sale of the land.

And we knew that the developer of the new building on Weldon Street was the purchaser of the St. Bernard's land. So it looks like this project very well could proceed at some point. I hope so.

Riberview · #80 Posted **Jul 24, 2022, 12:20 PM**

Quote:

Originally Posted by jonny golden

If Frederic Properties isn't going to proceed, then they wouldn't have any use for the design plans they did for the building. So it would make sense that they would offer them in the sale of the land.

And we knew that the developer of the new building on Weldon Street was the purchaser of the St. Bernard's land. So it looks like this project very well could proceed at some point. I hope so.

I am glad it is still on their list of things to build. Hoping they haven't dumbed it down to 5 or 6 floors.