Smevo
December 8th, 2005, 04:03 AM
Story from NB CBC website (http://www.cbc.ca/nb/story/nb-sj-development-20051205.html) .
$75 million plans for Saint John
Last updated Dec 5 2005 04:18 PM AST
CBC News
A developer has announced a $75 million plan to build on the old coast guard site on the Saint John waterfront.
The plan calls for a new educational facility, a major hotel, condominiums, offices and new retail space to be built on the six-acre site. The development will take 10 years to complete.
In unveiling the project Monday morning, Bill Hardman, president of the company that will develop the site, said it's an exciting day for Saint John.
"Today is truly a stepping stone for the future of Saint John," said Hardman.
"We are going to bring what we consider to be a transformational project, a investment of over $75 million in the uptown area of Saint John and we think that it will move the uptown area forward."
The complex will be developed in four phases, with work beginning as early as May.
$75 million plans for Saint John
Last updated Dec 5 2005 04:18 PM AST
CBC News
A developer has announced a $75 million plan to build on the old coast guard site on the Saint John waterfront.
The plan calls for a new educational facility, a major hotel, condominiums, offices and new retail space to be built on the six-acre site. The development will take 10 years to complete.
In unveiling the project Monday morning, Bill Hardman, president of the company that will develop the site, said it's an exciting day for Saint John.
"Today is truly a stepping stone for the future of Saint John," said Hardman.
"We are going to bring what we consider to be a transformational project, a investment of over $75 million in the uptown area of Saint John and we think that it will move the uptown area forward."
The complex will be developed in four phases, with work beginning as early as May.