Transition To New Develop Saint John Model Approved
Saint John Common Council approved a Memorandum of Understanding (MOU) to move forward with the transition to a property development organization, currently referred to as Develop Saint John.
The new model will strategically consolidate real estate work of Saint John Industrial Parks (SJIP), the Saint John Development Corporation (SJDC) and the City’s own Real Estate Department.
Develop Saint John will focus on strategic real estate opportunities and support recommendations made by Steve Carson, Director of Strategic Real Estate Services, in the report ‘Unlocking Real Estate Development Opportunities and Strategic Growth Potential’.
Develop Saint John will support the City’s focus on the growth of its three strategic pillars: tax base, population growth and jobs as identified in the Roadmap to Smart Growth. The roadmap also identified the opportunity to better facilitate, champion and expedite strategic residential, commercial and industrial opportunities. While this includes real estate owned by the City, much of the focus will include working closely with owners and developers of properties in the City’s primary development area.
Steve Carson will assume the CEO role of Develop Saint John. Over the next three months, he will be working with a volunteer transition committee to establish the governance structure, vision, mission, and goals, and set key performance indicators, all subject to Council approval.
Develop Saint John will officially launch operations on January 1, 2018. The City will be calling for volunteers to support the effort. More information will be available on www.saintjohn.ca.
“The greatest impact will come from having a single entity dedicated to the pursuit of private sector development and having the tools to help expedite decision making and development. That’s what I call a win-win-win for developers, property owners and Saint John residents alike.”
Lois Vincent, Chair of Saint John Industrial Parks
“Now, more than ever, investments focusing on real estate and development are critical to maintaining a sense of momentum in Saint John. I would like to thank our dedicated staff and committed volunteer Board of Directors who have laid a strong foundation for Develop Saint John to build upon.”
Bruce Phillips, Chair of Saint John Development Corporation
“A focused approach to real estate is good for citizens because additional revenue from new development will enable us to continue investing in the things that enrich the lives of all residents and make our beautiful, vibrant city grow. I thank our volunteers and staff for their significant contributions over the years to the prosperity of our City and our region.”
Mayor Don Darling, City of Saint John
Lisa Caissie, Communications
City of Saint John