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60 Water Street, Saint John, NB (with before and after photos!)
“When we took the space over it was pretty rough. It took some hard work and elbow grease to get the space ready for brewing but we are thrilled with the end result.” says Mark McGraw, part owner and brewer.
The space had great bones with some exposed brick walls and one stone wall but what really attracted these young brewers to the space was the garage door. On nice days they’re going to throw open the overhead door and welcome everyone in. “We are well positioned to serve thirsty cruise ship passengers” said McGraw. Loyalist City Brewery will be one of the first businesses they will come across as they start touring the uptown and with the garage door open it should be very inviting for them to step in. “We’re already brewing a beer called “Parrtown Pale Ale” that has a Saint John story to it and I think tourists will enjoy hearing how the beer is connected to our heritage”.
Stephanie represented both the Landlord and the Tenant in the lease transaction.
NOTE: 60 Water Street is the back side of 125 Prince William Street a.k.a. “Le Faubourg” or originally known as “The Bank of New Brunswick”. The building is currently listed FOR SALE. Buy it now as an investment with this very cool tenant in place!
125 Prince William Street “Le Faubourg”, Saint John, NB
$899,000 NEW PRICE $749,000
Ideal candidate for redevelopment! Uptown heritage with many infrastucture upgrades including sprinkers throughout, roof (Nov 2011), some repointing of brick, amost all new windows. New 400 amp 120 volt electrical entrance installed with updated wiring in 2007. Building has been converted to natural gas. Commonly, heritage buildings such as this one in the uptown core are utilized for commercial and business related enterprises. The main floor would typically be devoted to retail with the upper floors being utilized for offices and/or residential. View of Harbour on Water Street side of building.
Gross building area 17,467 square feet.
This block of Prince William Street, between Princess and Duke, has undergone (2014-2015) a complete restoration including street resurfacing, granite curbing, landscaping and decorative lighting. Close to shopping, hotels and cruise ship terminals.
For more information and interior photos click HERE
Mayor Don Darling just shared a report by the city’s Commissioner of Growth and Community Development Services.
Here are the top 3 salient points relating to commercial real estate:
- Major project construction accounted for more than half of the 80 million dollars of construction projects in 2016. Notably phases one and two of the IOL home office project, the new Uptown Liquor store and retail expansion in East Point, McAllister Mall and in Millidgeville.
- Another portion of the $80 Million included re-investment in the City’s Heritage districts including major renovations to the Imperial Theatre and 20 other smaller heritage renovation projects. The City’s heritage districts were funded by the city’s heritage incentive program.
- There is 137,493 square meters (that’s almost 34 acres!) of vacant land in our prime central neighbourhood, at rates a fraction of the cost of Canada’s major cities, and ready to be developed. The land is a mix of commercial & residential. The map below shows some of the commercial opportunities.
READ MAYOR DON DARLING’S ENTIRE UPDATE HERE (3 minute read)
82 Germain Street, Saint John, New Brunswick
The Buckley Building has been sold. The new owners intend to convert the top floor to residential for their personal use and add a rooftop patio. The building is a three storey brick Italianate-Style commercial building on the east side of Germain Street. The view from the roof affords a unique urban view directly down the newly renovated Grannan Lane as well as a view of the harbour.
The Buckley Building is significant as one of a collection of commercial, Italianate and Second Empire buildings that were built between 1877 and 1881 after the great fire.
The building is also significant because it housed the office of G. Ernest Fairweather from 1888 until 1920. G. E. Fairweather was a prominent architect and he designed many significant buildings in Saint John. He was originally associated with John Magee, as Magee and Fairweather, and in their office the plans were prepared for a great many of the buildings erected after the great fire in 1877. Source: historicplaces.ca
The new owners have renamed the building “The Fairweather”. You can like their page, see design concepts and follow their progress on FACEBOOK
Stephanie of Partners Global represented the seller & Bob McVicar of Exit Realty (now Sutton Realty!) represented the buyers.
The owners of #222water recently engaged local firm Acre Architects to provide concept drawings for the property. An engineering report conducted on the building identified that, structurally, the building could accommodate two additional floors and Acre took a very innovative approach to incorporating this in to their proposed design.
In the CBC interview Stephen Knopp of Acre suggests some uses could include a distillery, an “exploratorium” or science centre and/or event space to name a few.
222 Water Street is listed FOR SALE. For more information click HERE
WATCH/LISTEN to CBC story HERE >>> http://www.cbc.ca/player/play/805730883739
60 Water Street, Saint John, New Brunswick
Something’s brewing at 60 Water Street but it’s probably not what you’re thinking!
More excitement and suspense for uptown… A brand new business leased space today on Water Street just steps from the corner of Princess & Water. Watch for an announcement and new signage in the not-too-distant future!
“Brick Park” is an urban “knowledge park” in the heart of uptown Saint John. Knowledge parks are similar to industrial parks but built to attract I.T. companies. In other areas, they tend to be suburban and include a series of low rise buildings with large parking lots that are isolated from the city; the Saint John model of an urban knowledge park is fairly unique.
Over time, our cluster of IT companies just naturally chose to locate uptown and grow here. A light went on one day and somebody said, look, we have over 30 “knowledge industry” companies concentrated in this small area uptown. These companies were drawn to the uptown because of access to services not readily available in a typical knowledge park. Not only do they have access to I.T. infrastructure, they have easy access to cafes, restaurants, bars, hotels and other peripheral services.
Bob Quirion from Dealermine commented in today’s TJ article that “if you want to take a Friday afternoon break and run over to Picaroons for a beer, that’s ok because it encourages innovation in my mind”. This “innovation” that Bob is talking about frequently happens through what is often dubbed “collision” in their industry. Those moments when you’re sitting at the pub, waiting in line at the coffee shop or standing in the elevator and you strike up a conversation with a virtual stranger… this is where the magic happens. In standard Knowledge parks the chance of collisions is significantly less since there’s less opportunity for interaction within the community.
What Saint John has to offer knowledge industry companies from outside our region is one of our best kept secrets. We now have a powerful tool to celebrate our success, tell our story and grow our knowledge cluster. www.brickpark.ca