Edmonton funicular construction to start March 7
Construction on the new river valley funicular will start March 7, despite ongoing misgivings from some city councillors.
“If we had more flexibility around these funds, if it were up to me I might be doing something different,” Mayor Don Iveson said Tuesday. “We were kind of pushed by the federal funding into a series of decisions … but it could be an amazing public space, a post card place for the City of Edmonton.”
More than two thirds $24-million budget was previously committed from Ottawa and the province, funnelled through the regional arm’s-length organization, the River Valley Alliance.
On Tuesday, councillors approved the environmental impact study, removing the last hurdle to construction. City officials don’t yet know the exact costs for running and maintaining the facility, but estimate it will cost $500,000 and $1 million annually. Construction is scheduled to be complete in 2017.
Full Story (Edmonton Journal)