Work Starts On Second Downtown-Shediac Apartment Building
SHEDIAC – The ground is broken, the crane is up, and work has started on the second of two apartment buildings Anker Property Group is bringing to downtown Shediac.
Anker’s manager, Daniel Belliveau, said subcontractors are already pouring concrete for Place Central, at 351 Main Street. The five-storey, 32-unit apartment building will feature four commercial spaces totaling 9,000 square feet.
Construction on the apartment, which sits just across from Parc Pascal Poirier, is expected to wrap up by the summer of 2024.
“It’s extremely exciting to see all the plans go ahead now,” Belliveau said of the five-storey building. “I’m just the property manager but I work for three motivated individuals that want to get stuff done – the earlier the better.”
Although he didn’t provide direct numbers on unit sizes or rental prices per unit, Belliveau told Huddle the apartments will “reflect the market price at the time the leasing begins.”
Place Central is just down the street from another project Anker is building – a five-store,y 64-unit building at 112 McQueen.
Belliveau said four of the five storeys are complete and that the building should be be done by early fall of 2023.
Anker Property Group – not to be confused with Halifax-based Anchor Property Management – is owned by a trio of Greater Moncton-area owners: Rémi Gautreau, who is co-owner of D.E.G. Complete Construction, Luc LeBlanc, and Luc Doiron.
Anker Property Group, formerly LRL Property Investment, rebranded in the summer of 2022.
When asked if construction timelines so tight are challenging in an era when supply chains are still reeling from the pandemic, Belliveau said good planning in advance has kept Anker from seeing its progress on the two buildings snarled.
“My employers have been dealing with buildings houses in the construction business for a long time, and like everyone else, they learned through Covid to roll with the punches and to plan earlier on,” he said.
“You used to, maybe, order stuff two months in advance, and now they know to order it six months in advance.”
When asked about staffing and labour shortages pushing back construction deadlines in the region, Belliveau said: “To my knowledge there wasn’t a shortage or lack of manpower at all (for us).”
“It’s just planning and being able to roll with the punches and be creative when doing our projects.”
Sam Macdonald is a Huddle reporter in Moncton. Send him your feedback and story ideas: [email protected].