Quote:
Originally Posted by Mattyyy
Absolutely. All they have been able to produce to date is a Goodlife gym - which really looks like a big box store that would have been better suited elsewhere. Seems like the project overall is somewhat desperate.
|
To be clear, I don't think the Junction Village project is in trouble. I just think there is a risk of delay because there has been an absence of activity on site so far.
The marketing material available online for the Junction Village is increasingly complete and increasingly sophisticated. This means to me that this is a serious project.
In my years of being an interested observer regarding construction activity in the city, I have come to the conclusion that it is frequently difficult to get things built here. There have been many projects proposed which have never seen the light of day, and other that end up eventually getting built, but delayed a couple of years, or downsized from the original proposal.
I think this is simply a reflection of the fact that Moncton isn't quite "there" as far as being a prime construction and development market in the country. We're close (as indicated by the number of proposals that come forth), but financing and organizing the project here isn't as easy as it is in say, Halifax.
Halifax has more developers, promoters and financing capacity than Moncton does. Of course, the larger Moncton gets, and the more successful projects we end up getting built, the easier it will become to organize and finance future construction projects.
Things will get easier down the road.........