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

Questions?

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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.