WHY SAINT JOHN?

1. Saint John is one of the hottest economic regions in Canada
2. Real estate prices have gone up 15 % in one year, passing Halifax
3. CMHC says residential construction to remain strong, year over year
and Saint John has been the strongest in the province, with residential
starts over 30 % higher than 2007
4. Refurbishment of the Nuclear Power Plant ( 1.4 billion )
5. Northeast Power Transmission Project ( 155 million )
6. LNG Terminal ( 750 million )
7. $44 million slated for major expansion of the NB Community College
8. Bangor East-West Highway/ border crossing ( 250 million)
9. Inner Harbour development ( 250 million )
10. Refinery upgrades ( 150 – 200 million )
11. Pulp and paper upgrades ( 50 – 75 million )
13. Irving Head office for 1000 personnel in the harbourfront
14. Saint John airport traffic up 27 % in the past year.
15. Vacancy rate drop to 4.5- the lowest in years.
16. Proposed projects are even more impressive with over 5 Billion slated
17. Record high employment growth of 8 %
17. Great tenant base
18. Lowest mortgage rates in years

This announcement was just in " The Telegraph Journal " March 26, 09

First phase of the N.E. Energy corridor project expected to generate $2 billion worth of investment and create thousands of job
1,200 to 1,500 megawatt transmission line, wind power and a cogeneration natural gas plant would be part of the first phase.
Canaport LNG site identified as likely location for cogeneration natural gas plant.

Saint John poised to become the new Calgary

For hundreds of years the Port of Saint John welcomed traders, immigrants, sailing ships and today, cruise ships. This has given the waterfront and uptown area a global perspective and spirit all its own. Proclaimed Canada’s first incorporated city in 1785, Saint John’s history is best seen in the magnificent heritage architecture of Trinity Royal Preservation Area with its fine residences, parks, squares and commercial structures that are still in use today. At its heart is Prince William Street, the first nationally designated Historic Streetscape and the address for this exciting condominium.

Saint John was twice named "Canada's Premier City for Business" by the Globe and Mail's Report on Business Magazine and "The Best City in Atlantic Canada" by the Canadian Federation of Independent Business.

Saint John, New Brunswick is the largest urban centre in the province and Canada’s oldest incorporated city. And it's prospering. Over the past five years, the Saint John region has experienced tremendous growth. The influx of new business, together with the expansion of longstanding local companies, has resulted in record-setting economic indicators for this history-rich port city. The numbers prove it:

Record low unemployment rate: 6.8% (July 2008).

Over $65 million in new commercial, residential or tourism investment underway in our Uptown and Waterfront.

Saint John is undergoing a transformational change. Recently, Saint John has been named: Top 10 City for Business in Canada (2005, 2006 , 2007) by Canadian Business Magazine. It is the fastest Growing Metropolitan Area in the East (2007) by Daily Commercial News & Construction Record.

Saint John was twice named " Canada's Premier City for Business" by the Globe and Mail and " The Best City in Atlantic Canada" by the Canadian Federation of Independent Business.