Fundy Quay


The Fundy Quay is an ongoing mixed-use development in Saint John, New Brunswick, Canada. Situated on a former Canadian Coast Guard site along the Saint John Harbour, it is part of a waterfront redevelopment plan for the city.

Description

The Fundy Quay development is a project by the Fundy Harbour Group. It is set to contain five mixed-use buildings with a total floor space of 69,700 square metres. The buildings' ground floors are allocated for commercial and retail use, with the remaining floors designated for a total of 677 residential units. The complex will also include more than 400 internal parking spaces. The buildings are set to be constructed sequentially at a pace of one building for every two years.
The development has an estimated budget of $300 million. Funding for parts of the project were supported by the federal, provincial and municipal governments. The three levels of government committed to contribute a combined $24 million for the infrastructure project to support the site's redevelopment.
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.

History

The site of the Fundy Quay development was previously used by the Canadian Coast Guard as one of their sites.
Promotion for the proposal of Fundy Quay began as early as 2012, with the development being placed at the former Saint John Coast Guard site. Saint John and New Brunswick purchased the site and periodically demolished old buildings to clear the way. In 2018, a former Coast Guard administrative building on the site was demolished. In 2019, it was announced that David Elias would be developing the project.
In April 2022, construction began to revitalize the site's seawall. In January 2023, the Saint John City Council unanimously voted to approve the construction of the second of the five buildings. That same year, as part of the project, construction also began on outdoor patios for business in the neighbouring Market Square. 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.