The cost to open Portage and Main, a major intersection in Winnipeg, has risen to a staggering $8 million, according to recent reports.
The initial estimate for the project, which aims to reopen the intersection to pedestrian traffic, was $5 million. However, due to unforeseen challenges and delays, the cost has now increased by $3 million.
The project, which has been in the works for several years, has faced numerous obstacles, including legal battles and disagreements between city officials and local businesses.
Despite the rising cost, Mayor Brian Bowman remains committed to the project, stating that it is a crucial step towards revitalizing the downtown area and making it more pedestrian-friendly.
However, some critics argue that the money could be better spent on other pressing issues, such as infrastructure and affordable housing.
The $8 million price tag includes the cost of installing new traffic signals, sidewalks, and other necessary infrastructure to accommodate pedestrians at the intersection.
The project is expected to be completed by the end of 2021, with the intersection officially opening to pedestrians in early 2022.
In the meantime, city officials are urging residents to be patient and understanding of the delays and increased costs, as the end result will greatly benefit the community.
This is a developing story and we will continue to provide updates as more information becomes available.
