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How much will the new Johnson Street Bridge cost by 2016?


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Poll: What will be the final pricetag of the new Johnson Street Bridge by the time it is built in 2016? (1 member(s) have cast votes)

What will be the final pricetag of the new Johnson Street Bridge by the time it is built in 2016?

  1. $93-million. We will not face further price escalations. (2 votes [5.13%])

    Percentage of vote: 5.13%

  2. $93 - $100-million (3 votes [7.69%])

    Percentage of vote: 7.69%

  3. $101 - $110-million (5 votes [12.82%])

    Percentage of vote: 12.82%

  4. $111 - $120-million (15 votes [38.46%])

    Percentage of vote: 38.46%

  5. $121 - $130-million (7 votes [17.95%])

    Percentage of vote: 17.95%

  6. $131+ million (7 votes [17.95%])

    Percentage of vote: 17.95%

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#1 Mike K.

Mike K.
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Posted 31 March 2012 - 09:24 AM

With the recent $15.8-million increase in the price of the Johnson Street Bridge replacement raising the cost to $93-million from $77-million, which itself was an increase over an earlier estimate of $63-million, how high do you think the price will go?

I have a feeling we'll end up higher than $100-million, perhaps up to but not over $110-million which works out to a +/- 40% price increase on $77-million.

Skyscraper Source Media Inc.



#2 Jacques Cadé

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Posted 31 March 2012 - 10:56 AM

Are you asking about just the bridge, or the whole deal, including the west side park, the landscaping, the bicycle/pedestrian bridge over Esquimalt Road, and all the pathway connections? There are a lot of trimmings to go with this steak, and they're going to add up too.

#3 Mike K.

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Posted 31 March 2012 - 02:07 PM

I mean whatever was in the plans when tax payers went to the polls to borrow $50-million for what was then budgeted as a $77-million project.

Skyscraper Source Media Inc.



#4 G-Man

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Posted 31 March 2012 - 03:54 PM

Wow not too many optimists so far.
Density Fanboy

#5 Mike K.

Mike K.
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Posted 08 April 2012 - 01:55 PM

It looks as though 44% think the final price will be between $111 and $120-million, or 45% - 55% over budget.

Other than one person, everyone believes that the final price will be in excess of $93-million.

Skyscraper Source Media Inc.



#6 UrbanRail

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Posted 08 April 2012 - 08:56 PM

Wow not too many optimists so far.


G-Man,

But we are all optimists. We are optimistic that it will exceed 93million! =)

Isn't it wonderful to know, that the bridge that is used by everyone else in the region (not just Victoria) will be paid by just Victoria.
Aaron

Promoting the return of the streetcar in modern form to Victoria and the use of the E&N as a commuter rail link on Vancouver Island.

Member of the E&N Division of the Canadian Railroad Historical Association
Camosun College Student, Amateur Artist, Transit and Rail Advocate,
Currently working on a documentary film to promote the E&N Rwy

Follow me on Twitter; http://twitter.com/IslandRail
Commuter Rail Facebook Group; http://www.facebook....139261686101247

 



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