Pandemic Changes Fueled Spike In N.B. Office Vacancies
One of the authors of a large study on office vacancies across New Brunswick’s three largest cities breaks down the forces behind rising office vacancy rates.
One of the authors of a large study on office vacancies across New Brunswick’s three largest cities breaks down the forces behind rising office vacancy rates.
ML Rental’s new building on 170 Victoria Street will target professionals working downtown, or retired people who want to live in the city’s core and walk everywhere.
There are already five projects worth more than $10-million, and many smaller ones in the pipeline, including FiveFive Queen, a condo complex and boutique hotel that will also have a Gahan Pub.
The budget will include spending on a reconstruction of Lutz St., a community centre in the north end, and a new artificial turf for the CN Sportsplex soccer field.
Mayor Dawn Arnold says Moncton could host the team for a season or two to help establish an Atlantic Canadian team that would ultimately be based in Halifax.
The City of Moncton says the $104-million facility is on budget and still scheduled to open in September of next year.
Why Toronto-based Dream Payments moved its global development shop to Moncton, New Brunswick.