A significant new housing project is set to transform the landscape of Uptown Saint John. A 152-unit development is officially moving forward, aiming to alleviate the ongoing housing crunch in the port city. This project represents a collaborative effort involving investments from federal, provincial, and municipal governments.

Source: Government of New Brunswick

Addressing the Housing Crunch

The development focuses on increasing density in the city center. Developer Percy Wilbur is leading the construction of the building, which will feature dozens of affordable units alongside market-rate apartments. This mix ensures that the project serves a diverse demographic of residents looking to live in the uptown core.

David Hickey, the minister responsible for the New Brunswick Housing Corporation, and Greg Forestell, the corporation’s vice-president of programming, highlighted the importance of this partnership. By combining resources from all three levels of government, the project moves from concept to reality much faster than private development alone often allows.

Government Collaboration

You often hear about the need for government cooperation to solve the housing crisis. This project serves as a tangible example of that strategy. The funding structure reduces the financial risk for developers while guaranteeing that a portion of the units remain affordable for the community. This approach directly targets the low vacancy rates that have challenged Saint John renters in recent years.

Frequently Asked Questions

Where is the new development located?
The 152-unit building is located in Uptown Saint John.

Who is the developer behind the project?
Percy Wilbur is the building developer leading this project.

Are all the units market-rate?
No. The development includes dozens of affordable housing units to help address the city’s housing needs.

Who is funding the project?
The project received investments from the federal, provincial, and municipal governments.