Budget
The 50 Avenue redevelopment is one of the Town's biggest projects. It could not be completed in one construction season and was split into 3 phases. Phases 1 and 2 are complete.
Total budget to date: $16,254,000
Phase 4
- Budget: TBD
- Funding Source: TBD
- Progress: Starting spring 2024
Phase 3
- Budget: $5,228,000
- Funding Source: Reserves and grants
- Progress: Starting spring 2023
Phase 2
- Budget: $6,116,000
- Funding Source: Reserves and grants
- Progress: Complete
Phase 1
- Budget: $4,910,000
- Funding Source: Reserves and grants
- Progress: Complete
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Construction is now complete on the redevelopment of 50 Avenue, from Lakeshore Drive to Centennial Street.
2028: We estimate that the next phase of 50 Avenue redevelopment, from Centennial Street to 60 Street, will begin around 2028.
