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Developer Says Timing Is Right For Downtown Projects

Developers spent a few years putting all of the pieces together before announcing construction plans for a new condo-hotel project in downtown Moncton.

It’s no coincidence the so-called Five-Five Queen project will start just months after work began on the city’s new downtown centre.

Developer Bill Hennessey says the Downing Street reconstruction project has also been a factor in the timing of their plans.

He believes the timing is right for those two projects and their own project which includes a boutique hotel.

Hennessey believes the city is on the move and he looks forward to putting shovels in the ground for the new Five-Five Queen project later this summer.

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Moncton, NB
7:38 am, Apr 30, 2026
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