Centennial Building Redevelopment To Be Reviewed By Planning Committee
FREDERICTON – The Planning Advisory Committee will review an application on Wednesday submitted by Centennial Heritage Properties Inc., the owners of the Centennial Building as of 2019.
The proposal asks for the city’s PAC to rezone the area from a City Centre Institutional Zone (CCI) to a Community Commercial Zone (CC).
The first phase of redevelopment would add retail, a restaurant, an 87-room boutique hotel, and 58 residential units to the building, as well as a penthouse to the top of the building.
The second phase of redevelopment would consist of the construction of a new six-storey building oriented toward the intersection of Brunswick and St. John Street. This new building would include commercial space along the street fronts, multi-level parking, and a combination of residential and hotel use in the top three levels.
Detailed designs for the second phase of redevelopment will be submitted in a later application.
The Centennial Building was constructed in 1967 by the Government of New Brunswick as the province’s major centennial project. In 2019, the provincial government sought applications for redevelopment from the private sector after canceling the previous refurbishment plan that included building a new courthouse to be attached to the building.
Related: Developer Buys Centennial Building, Plans Hotel And Residential Complex
The demolition of the building’s back wing was completed in 2018.
In December 2019, the building was sold to private developer Centennial Heritage Properties Inc. At the time, the project’s construction was expected to cost $48-million.
Liam Floyd is a reporter for Huddle. Send him story suggestions: [email protected].