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Governments Commit $24M To Prepare Waterfront Site For Development - Vimarsana News

Governments Commit $24M To Prepare Waterfront Site For Development

Fundy Quay site. Image: Submitted, Develop Saint John. The long-awaited government funding to help redevelop Fundy Quay in uptown Saint John finally arrived on Friday. The funding will get the site ready for a proposed $300- 350-million multi-use development on the former Coast Guard site along the city’s waterfront. The federal government will be contributing $9-million; the New Brunswick government will be contributing $6-million and the City of Saint John will also be contributing nearly $9-million to the project. The funding will go towards necessary infrastructure work to make the site...