02-10-2021, 11:30 AM
(02-10-2021, 09:31 AM)LesPio Wrote: Region cobbling together funding for Kitchener transit hub.
https://www.therecord.com/news/waterloo-...t-hub.html
Looks like the Record is talking about funding for $106 Million ....Years ago...I was under the impression that the Province was paying for $40 million and that was to cover the cost. Years ago.. I was also under the impression that the RFP stated that Ball Construction was too expensive...It rather strange that $106 Million is Ok now.
The original $40M was assuming that the region found a developer to develop the rest of the property, and the hub would be added onto it. Since the hub needs to be standalone, the costs are higher.
The $106M is within the range published last year -- it was something like $85-135M.