51 new developments slated for the St. John’s Mount Pearl Area means 51 new reasons to invest in St. John’s Real Estate

There are approximately 51 major developments that could take place in St. John’s this year. Of these developments, Pleasantville appears to be the hottest topic (as well as the largest development)  A new Canadian Forces Base  as well as 975 residential spaces. I have received a number of calls in the past few months on this new subdivision already.  This will be the hot spot for East End St. John’s homes for sure.

The old Woolworth building is slated to become an office tower/parking garage.

An $18million dollar hotel is to be built at the corner of Prescott and Water Street.

A $15million dollar hotel/condo building is being built on Temperance Street.

The old Arcade building on Water Street as well as the old CBC building are aimed to be converted to office buildings and condos.

On Tiffany Lane in the East End of St John’s a new $10million dollar condo development will be built.

In the West End of St. John’s a new $8million dollar seniors condominium complex will be built as well as another in the Center of the City on Blackmarsh Road.

A 200 home project is expected to get underway off Ruby Line and Heavy Tree Road in Mount Pearl.

Lots of new Box Stores being constructed up on Stavanger Drive Area.  (Best Buy, Kesleys, a new RONA building, a new Canadian Tire building) as well as new ones on Kesley Drive near Kenmount Terrace.

Things are certainly booming here in St. John’s.  Good times, prosperous times are ahead for Newfoundlanders.

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