Saint John Developer Will Pay For Park Improvements As Part Of 180-Unit Development
SAINT JOHN – Saint John Common Council has officially approved the Landmark building, a 180-unit apartment complex overlooking Tin Can Beach.
The city has rezoned the lot allowing high-rise construction after the developer agreed to pay $160,000 in improvements to nearby facilities.
$130,000 of those funds will go toward improvements at Rainbow Park on Sydney Street.
Of the remaining funds, $10,000 is for the construction of a bus shelter on Broad Street, and $20,000 is earmarked for Tin Can Beach beautification.
Council documents show the priorities for the Rainbow Park funds include: an updated master plan, repairs to the basketball court, enhanced landscaping, and funding for an outdoor ice surface.
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The developer behind the Landmark building has said the project is still two years from construction as they firm up funding and final plans for the build.
Landmark Developments Ltd. says the building will offer bachelor suites up to three-bedroom units and most units will have views of the Bay of Fundy.
“What excites us most about the Landmark is that we’re really looking forward to bring more character and vibrancy in [the city centre] and increasing the number of folks who live down there so there is more population supporting all of the amazing amenities, restaurants, bars, museums, and galleries Uptown has to offer,” said a spokesperson for Landmark Developments Ltd. told Huddle in March.
The units will range in cost, starting at $995 for 800-900 square feet 1 bed, 1 bath units to $1,700 for 1400-1500 square feet units with three bedrooms, two baths, and a den.
For current residents of the Sydney Street area, Landmark Developments Ltd. says that they have ensured their views will be minimally impacted. The shadow path of the building will cover the backside of the building over its parking lot. At the same time, the new units will have a clear view of the water.
Ben Burnett is a reporter with Country 94/97.3 The Wave in Saint John, Huddle content partners.
With files from Huddle reporter Liam Floyd.