This has been known for some time, but thanks for your interest habs33
This is from the City of Moncton website:
July 12, 2012
MONCTON –The City of Moncton had a huge month for residential permits issued in June. Of the $20.2 million worth of building permits issued in June 2012, $17.2 were residential projects. There were 54 residential permits issued in June 2012 valued at $17.2 million, which represents an increase of 84 per cent compared to June 2011 when the value was $9.3 million. That brings year-to-date totals, to the end of June 2012, to $46.9 million worth of residential projects approved in Moncton; an increase of 21.5 per cent from the same time last year.
“The strong growth in our residential market shows that Moncton remains a great place to live and invest in real estate. It also highlights the fact that consumer confidence remains high,” said Moncton Mayor, George LeBlanc. “As our population increases, there continues to be consistent growth and demand for housing.”
“I’m really excited about the increase in residential development in June,” noted Sherry Sparks, Director of Building Inspection. “One noteworthy permit was for a 107 unit, 4 story luxury apartment building complete with underground parking at Mapleton Estates located at 190 Carson Drive. This great residential project being developed by Sira Enterprises Ltd. is the first of two sister apartment buildings to be constructed at Mapleton Estates.”
In June 2012, a total of 15 commercial and industrial permits were issued valued at $2.2 million dollars compared to $5.7 million in June 2011, representing a decrease of 62 per cent. One of the largest commercial and industrial projects approved this month is the construction of a Mr. Lube Oil Change facility located at 1684 Mountain Road for a total construction value of $611,000.
This past June, there were 42 permits issued for accessory buildings, fences, pools and retaining wall construction, contributing to a total of 148 permits for the year 2012. This brings the year-to-date total to $1.9 million, which represents an increase of 102 per cent from June 2011.
June 2012 highlights include:
- 107 unit, 4 story luxury apartment building with 1 and 2 bedroom units, 34,000 sq. ft. per floor complete with underground parking at Mapleton Estates: 190 Carson Drive, Sira Enterprises Ltd: $8.8 million
- Renovate existing office building: 1435 Mountain Road, Lomax Inc: $600,000
- Window and Soffit Replacement: 10 Record Street, Heritage Resources Inc.: $210,000
- Interior Fit-up to Starbucks: 1629 Mountain Road, The Hardman Group: $160,000
- Interior Renovation to Create Restaurant: 834 Mountain Road, Canadian Tomato Restaurant: $100,000
Additional note - the "Canadian Tomato Restaurant" would appear to correspond to the old "End Zone Sports Pub" location. There is also supposed to be a bakery moving in there as well.