Shoppers Drug Mart heads for Vaughan Harvey Blvd.

Published Wednesday August 20th, 2008

Residential permits in Moncton up 15 per cent this July over last year

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Despite weeks of denials from official sources, a new Shoppers Drug Mart has begun construction on Vaughan Harvey Boulevard, adding to the retail niche begun by a new Sobey's/N.B. Liquor complex and driven by the extension of the boulevard to the Gunningsville Bridge.

The foundation has been laid on the property just to the east of the Via Rail station, and the identity of its tenant confirmed in City of Moncton's July building permits.

Moncton issued a total of 157 building permits valued at $13.7 million in July, with the new Shoppers, a warehouse and office building on Edinburgh Drive, and renovations to the Dr. Georges-L. Dumont Hospital leading the way.

The bulk of permits, however, were issued to residential construction projects, which were up 15 per cent over the same period last year.

"We're seeing ongoing consumer confidence in our economy resulting in continued growth in the residential construction sector in the city," said Moncton's business development officer, Kevin Silliker.

This past July, a total of 32 commercial and industrial building permits were issued with a value of $5.3 million. Year to date figures show a total of 715 building permits have been issued for a total value of $63,896,000.

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