Development of the former Coast Guard site down by Market Square will take 7 years to complete over 4 phases.
The General Manager of Saint John Waterfront Development Kent MacIntyre predicts this will have a significant impact for the good on the uptown and tells CHSJ News whenever you have a developer from outside showing confidence in the city, it can build momentum because local businesspeople take note of that.
MacIntyre points out there will be a strong residential component to the development and with more people living in a neighbourhood, you tend to get new businesses springing up.