The Ross Ventures commercial building under construction on Carleton Street is the largest private sector project under development in the downtown area, reflecting the ongoing commercial and residential growth in the city centre.
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The 12-week accelerator based in Fredericton accepts five to seven companies each year. The 2020 program will run from April 27 to July 16. The deadline for applications is February 15.
Ten finalists will be chosen to pitch at the forum on April 2nd, 2020 at the Fredericton Convention Centre, with up to $3,500 in cash prizes up for grabs.
Colleen Baxter with JDI says 87 percent of those jobs will be filled in Atlantic Canada, with 74 percent in New Brunswick and Nova Scotia.
Dobbelsteyn says a full report will come back to the council in the spring. He says the results will help the city make informed policy decisions, and in turn, grow the population.
Centennial Heritage Properties Inc plans to invest more than $48 million to complete the development. The project is expected to create more than 450 jobs.