The Official Saint John, NB Project Thread

[ErickMontreal]

According to the Telegraph Journal (2012/02/25) :

Waterfront deal in work

Cushman and Wakefield Atlantic are working on behalf of the Saint John Waterfront Corporation to identify a core group of proponents with experience and financial capability to construct a mix of commercial and residential unit at the former coast guard site. They are tapping into their existing network of investors and developers across the globe and at home. We should have more news later this year.

[JHikka]

Originally Posted by ErickMontreal

Cushman and Wakefield Atlantic are working on behalf of the Saint John Waterfront Corporation to identify a core group of proponents with experience and financial capability to construct a mix of commercial and residential unit at the former coast guard site.

So basically, SJWC is looking for people to develop the site?

Originally Posted by ErickMontreal

They are tapping into their existing network of investors and developers across the globe and at home.

Looking for people to develop the site?

Originally Posted by ErickMontreal

We should have more news later this year.

[Helladog]

With regard to the ferry comment, I think it was just an idea.  This is a call for proposals, so there is nothing specific.

Also, it may be referring to a commuter ferry like what they have in Halifax, though there aren't very many water accessible destinations, except for the dock used by the Reversing Falls tour boats, but that's not very central.   It would be a nice ride though. 

[Wolkenkratzerliebhab]

Regarding the old Coast Guard site, now known as Fundy Quay, the paper says that they have already short listed major developers from both China and Saudi Arabia, and that two major international hotels are also extremely interested in the site, which, if true, I find to be very interesting and exciting, so my fingers are crossed on this one.

[homebody]

I was told today at Old Navy that the new tennant there is not Gap. It is Osh Gosh

[cdnguys]

Sahara Lebanese cuisine on Princess Street also closed

[mmmatt]

Originally Posted by Wolkenkratzerliebhab

Regarding the old Coast Guard site, now known as Fundy Quay, the paper says that they have already short listed major developers from both China and Saudi Arabia, and that two major international hotels are also extremely interested in the site, which, if true, I find to be very interesting and exciting, so my fingers are crossed on this one.

Perhaps they know something we don't, because room sales have been slipping in SJ for the past few years.

Total Room Sales (in thousands)

source: NB Tourism & Parks

[michael_d40]

Originally Posted by cdnguys

Sahara Lebanese cuisine on Princess Street also closed

I thought they were simply moving to the old Sultan Market on Union street?

[michael_d40]

Originally Posted by mmmatt

Perhaps they know something we don't, because room sales have been slipping in SJ for the past few years.

Perhaps you could call Cushman Wakefield Atlantic and the Saint John Waterfront Development Corporation and demand to know who the two major hotel names are, so that you can personally call these two brands and inquire as to what they may know that "we" don't and then demand they stop thinking of ever opening in Saint John.

[cdnguys]

More hotel rooms uptown can attract bigger convention events - sort of build it and they will come scenario. Plus the city could use better quality rooms and less attractive places will go out of business

[MonctonRad]

Yes, a massing of hotel rooms on the waterfront close to the convention centre would be good. There also might be some synergy with the cruise ship terminal but this might all come at the expense of older hotels further from the Uptown area. You could see some hotel closures elsewhere in the city....

I'm not saying this would be a bad thing, just a normal evolutionary process.....

[cdnguys]

Originally Posted by MonctonRad

Yes, a massing of hotel rooms on the waterfront close to the convention centre would be good. There also might be some synergy with the cruise ship terminal but this might all come at the expense of older hotels further from the Uptown area. You could see some hotel closures elsewhere in the city....

I'm not saying this would be a bad thing, just a normal evolutionary process.....

There are a couple hotels that are an embarrassment to the city. See tripadvisor...

[cdnguys]

Saint John also has an excellent restaurant, sports and entertainment district that could be better marketed, especially in NB and Maine.

[Wolkenkratzerliebhab]

Originally Posted by mmmatt

Perhaps they know something we don't, because room sales have been slipping in SJ for the past few years.

Total Room Sales (in thousands)

source: NB Tourism & Parks

Obviously, they are not looking at the past trends, but looking forward to future trends! Simply having more and better hotels, in-and-of-themselves, will help to generate more business when it comes to conventions and what have you.

[RaginRonic]

Originally Posted by cdnguys

There are a couple hotels that are an embarrassment to the city. See tripadvisor...

Yeah...the Colonial Inn and the Fundy Line Motel...those 2 places are real toilets. XD

[JHikka]

Originally Posted by CBCNews

Saint John needs 40% tax hike, pension suit hears
CBC News Posted: Feb 27, 2012 2:17 PM AT

Saint John would need a 40 per cent tax rate increase for 15 years to pay the current employee pension plan debt, the jury in a defamation suit heard on Monday.

The city’s pension board is suing former city councillor John Ferguson over comments he made starting in 2005 about the board’s handling of the pension fund, which had a $47-million deficit at the time.

The deficit has since ballooned to more than $190 million.
...

Gillis suggested the city’s deficit will soon surpass $200 million and outlined the 40 per cent tax rate that would be necessary for the next 15 years.

http://www.cbc.ca/news/canada/new-br...-bankrupt.html

Bankruptcy here we come!

[ErickMontreal]

Saint John may land fertilizing manufacturing plant
Atlantic Potash Corp. says 'no news' on potential project

CBC News
Posted: Feb 29, 2012 6:46 AM AT

Premier David Alward, Natural Resources Minister Bruce Northrup and Keith Attoe, co-chief executive officer of Atlantic Potash Corp., signed a two-year deal for potash exploration rights in December. (Government of New Brunswick) Premier David Alward, Natural Resources Minister Bruce Northrup and Keith Attoe, co-chief executive officer of Atlantic Potash Corp., signed a two-year deal for potash exploration rights in December. (Government of New Brunswick)

A new fertilizer manufacturing facility could be located in Saint John as part of a new potash mine that is being considered in the Millstream area.

Atlantic Potash Corp. signed a two-year agreement with the Department of Natural Resources in December to explore the Millstream potash deposit.

At the time, it was also announced the potash deal could lead to other economic development opportunities in New Brunswick.

Enterprise Saint John Chair Tony Goguen mentioned one of those potential projects at a Saint John council meeting on Monday.

Goguen said the business group is working with Atlantic Potash Corp. on a “downstream manufacturing” project.

But details of the potential project are still tightly under wraps.

"We know that the folks from Atlantic Potash are looking at a value-add component potentially for our community but that hasn't been finalized, nothing's been announced at this stage,” Goguen said.

The proposal could include a fertilizer processing plant in Saint John's McAllister Industrial Park.

The project could cost more than $200 million and employ hundreds with construction beginning within the next two years.

Keith Attoe, the co-chief executive officer of Atlantic Potash Corp., said in an email statement on Tuesday that he could not provide any updates on any new projects associated with the potash mine.

“Downstream manufacturing refers to production. Currently, we have no new news on any further production opportunities or what they may be,” Attoe said in a statement.

“We are working with various government agencies to look into potential opportunities and will continue to do so as we move forward with the exploration of the Millstream potash deposit. A lot will depend on how much potash is available, so we’ll know more once we get a sense for the quantities that are there.”
Millstream project

Atlantic Potash Corp. will spend $4.5 million to explore the Millstream potash deposit under the terms of the two-year agreement it signed in December.

It was one of two companies that responded to a request for proposals from the Department of Natural Resources to explore the Millstream potash mine.

The area in question, located between the Parleeville Road and Highway 121 near Apohaqui, was previously explored by British Petroleum Resources Canada in the 1980s and by International Minerals and Chemicals in the mid-1990s.

About 256 million tonnes of potash was discovered.

But the potash deposit was considered relatively small compared to other areas, such as Cassidy Lake and Penobsquis, which have since been developed.

The known deposit was also considered complex for the mining technology of the day due to the other minerals present, but the technology has changed considerably.

Potash Corporation of Saskatchewan announced a $1.67-billion plan in 2007 to build a two-million-tonne mine.

There are 330 people working at the potash mine and another 140 full-time jobs will be created when the new mine opens in 2012.

[philster]

McAllister Place update:
Peoples Jewerly has moved into the Former Mapins Location.
The former Peoples location is in the process of being taken apart.

The location where Yves Rocher was now has a banner on it saying "Teavana" Opening Soon, Apply Online. http://www.teavana.com/ appears they sell loose teas and accessories.

[PHILIP NBer]

Quote:
Originally Posted by cdnguys View Post
There are a couple hotels that are an embarrassment to the city. See tripadvisor...
Yeah...the Colonial Inn and the Fundy Line Motel...those 2 places are real toilets. XD
Reply With Quote Hi everyone. First time posting, but i've been reading this forum for over a year now. Anyway, i don't think you can compare the Fundy Line Motel to a hotel. Two different things IMO.

Also i have insider information that Sobeys McAllister Place will be either expanding their existing location, or building a "stand alone " store within the next year or two.

[Fischbob]

Canaport LNG announces $43 million project
Canaport LNG planning BOG Compression System Expansion

Saint John, New Brunswick – Canaport LNG announced plans today to expand the Terminal to become more efficient and reduce its environmental footprint. Completion of this project will reduce the amount of boil-off gas (BOG) sent to flare, resulting in the reduction of the Terminal’s emissions. The $43 million project is expected to create approximately 50 jobs for local contractors during the construction period.

Canaport LNG’s General Manager, Adolfo Azcarraga, is pleased to be undertaking another construction project. “Since becoming operational, we’ve reached many milestones; not only are we the first LNG terminal in Canada, we’ve also berthed Q-Max vessels, the largest LNG ships in the world, a first of any terminal on the east coast of North America. None of this would have been possible without the hard work of the local contractors who built our facility and we are very pleased to again work with the community on another construction project at Canaport LNG.”

“Invest NB recognizes that the new construction project at Canaport LNG is a significant investment into the Province of New Brunswick,” said Invest NB’s CEO, Robert MacLeod. “The announcement of this project reinforces the image of our Province as a great location for investment.”

Two additional pieces of equipment will be installed during the project – a fourth boil-off gas (BOG) compressor and a new booster gas compressor. Currently, Canaport LNG collects boil-off gas from within the process and storage areas and this BOG is then re-condensed and sent to the gas pipeline via the main processing equipment or, if in excess, burned off directly through the flare. Rather than routing the BOG through the Terminal’s main processing equipment or flaring the excess, completion of this project will allow the BOG collected to be routed directly from the BOG compressors through the new booster compressor, increasing the pressure of the BOG up to pipeline operating pressure and exporting the BOG directly to the pipeline.

SNC-Lavalin, a member of the original EPC contractor consortium who constructed the facility, is managing the project on behalf of Canaport LNG.

Completion of this project will result in a significant decrease in the Terminal’s emissions to atmosphere by reducing the need to periodically flare excess BOG.

The BOG expansion project is slated to begin construction in April, 2012.

Source: http://www.canaportlng.com/latestnew...ry_21_2012.php