Port Lands flood protection cost rises to $1.25 billion - News Summed Up

Port Lands flood protection cost rises to $1.25 billion


Stockpiles of road salt at Port Lands, viewed from the Cherry St. Strauss Trunnion Bascule Bridge. Marcus Oleniuk / Toronto Star ) Order this photoThe cost to flood protect the Port Lands in eastern Toronto, transforming 715 acres into developable land, has risen from $975 million to $1.25 billion. The cost was confirmed by a due diligence report from tri-government agency Waterfront Toronto released Thursday. Tory has pitched the revitalization of the Port Lands as Toronto’s own Canary Wharf. RELATED: Keep cash flowing for Port Lands: EditorialRead more about:


Source: thestar October 20, 2016 16:30 UTC



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