Building activity remains strong during second quarter

The City of Moncton maintained a high level of construction activity through the second quarter of 2026, with 422 building permits issued valued at $135.2 million, up from $112.1 million during the same period in 2025. The downtown area accounted for a significant share of this activity, with $58.1 million in permits issued. 

Since April 1, residential construction in Moncton has totaled $78.5 million in permit value, representing 404 new housing units. Much of this development was concentrated downtown, where $51 million in residential permits was issued, representing 231 residential units. These figures highlight the continued role residential development plays in supporting growth across Moncton.

Among the larger residential projects this quarter was a revised $41-million, 183-unit building permit for one of the mixed-use towers at 200 Assomption Blvd. The project was first reported in the first quarter and reissued in the second quarter after plans were updated to add an 18th storey. 

Also issued this quarter were permits for a $10-million, 48 unit, five-storey mixed-use development with a dental clinic on the ground floor at 16 Cameron St., and a $2.9-million, 24-unit three-storey mixed-use building at 130 Highlandview Rd.

“Moncton continued to see strong development activity in the second quarter,” says Mayor Shawn Crossman. “Residential construction remained strong, while continued commercial and industrial investment reflects confidence in Moncton’s economy and long-term growth.”

Commercial and industrial construction activity also strengthened in the second quarter, with total permit value reaching $46.9 million, up from $25.7 million in the first quarter of 2026. Major projects included a $17.3-million permit for an addition and renovations at Walmart Canada Corporate at 135 Frenette Ave., a $7.3-million foundation permit at 80 Frenette Ave.  issued to Comztar Inc. for a one-storey base building, and a $3.6-million permit for exterior renovations to the Crowne Plaza Downtown Moncton Centreville at 1005 Main St.

Institutional building activity amounted to $6.9 million in the second quarter of 2026, which decreased from $37.5 million during the same period in 2025. Among the larger projects were a $2.1-million permit from the Province of New Brunswick for renovations to install a new CT scanner at 135 MacBeath Ave., a $1.1-million permit from the Province of New Brunswick to install four prefabricated classroom buildings at 45 McAuley Dr., and a $909,000 permit for renovations to the chemistry and biology lab at Atlantic Baptist College, located at 333 Gorge Rd.

“Downtown continues attract strong investment,” says Luc Babineau, Director of Economic Development. “In just the first six months of 2026, downtown permit values reached $74 million, already surpassing the 10-year annual average of $52 million. This momentum reflects continued confidence in Moncton as a place to invest and grow.”

Information
Communications, City of Moncton
communications [at] moncton.ca (communications[at]moncton[dot]ca)