Katz group to pay for new road cutting through site of future Rogers Place arena
While it won’t need more funding, Edmonton is being asked to boost the arena project’s budget by $20 million.
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City councillors will be asked next week to add new projects to the work on the downtown arena, including a new road cutting right through the site and adding connections to disconnected neighbourhoods north of downtown.
While it won’t need more funding, the city is being asked to boost the arena project’s budget by $20 million, giving the project’s contractor, PCL construction, control over three road projects around the site.
The main project PCL will manage is an extension of 102 Street, linking 105 Avenue and 104 Avenue, where currently there is no connection.
Rick Daviss, the arena project’s general manager, said that while the road will be city property the Katz Group is paying for it
“The city will cover its costs either through a local improvement levy or through the sale of land,” he said.
The other two projects are streetscaping work on 104 Avenue and 105 Avenue that was previously planned. Daviss said having PCL do the work make sense because they’re on site.
“It would be very difficult to have another prime contractor in there in land that is already tied up,” he said.