The Fundy Quay is an ongoing mixed-use development in Saint John, New Brunswick, Canada. It is part of a waterfront redevelopment plan for the city.[1]
Description
The Fundy Quay development is a project by the Fundy Harbour Group.[2] It is set to contain five mixed-use buildings with a total floor space of 69,700 square metres. The buildings' ground floors are set to be allocated for commercial use, with the remaining floors set to be used for a total of 677 residential units.[2][3][4] The buildings are set to be constructed one-by-one every two years.[3]
The development has an estimated budget of $300 million.[5][6] Funding for parts of the project were supported by the federal, provincial and municipal governments.[1][7][8]
The Fundy Quay also includes a public space named "Ihtoli-maqahamok – The Gathering Space". The name is derived from "gathering space" in the Wolastoqiyik language.[9][10]
History
The site of the Fundy Quay development was previously used by the Canadian Coast Guard as one of their sites.[11]
Promotion for the proposal of Fundy Quay began as early as 2012,[12] with the development being placed at the former Saint John Coast Guard site.[13] Saint John and New Brunswick purchased the site and periodically demolished old buildings to clear the way.[11] In 2018, a former Coast Guard administrative building on the site was demolished.[8] In 2019, it was announced that David Elias would be developing the project.[14]
In April 2022, construction began to revitalize the site's seawall.[15] In January 2023, the Saint John City Council unanimously voted to approve the construction of the second of the five buildings.[16] That same year, as part of the project, construction also began on outdoor patios for business in the neighbouring Market Square.[17] The first building, located on 35 Water Street, began construction in late 2023; it is set to be 16 storeys and is located within the site's southeast corner. The ground floor is allocated for retail space, while the rest are set for residential use.[3][7]
