The Government of Alberta announced on March 11th that the budget 2014 enables the province to commit additional resources to the Edmonton's new Light Rail Transit (LRT) project.
The provincial Government is providing some early support to the LRT project in the following ways:
The total value of the project is up to C$1.8 billion. The Feasibility study was prepared by PwC.
The project includes the construction of the southeast leg of the Southeast to West LRT (Valley Line), running 13.2 kilometres from Mill Woods to downtown Edmonton. The line is an urban style low-floor LRT that will integrate directly into existing communities, with an initial projected daily ridership of 28,000 passengers, increasing to 49,000 by 2044.
The project also includes the construction of a signature bridge spanning the North Saskatchewan River, a 350-metre tunnel, and an operations and maintenance facility for the new line.