Watch above: The price tag of a proposed city rec centre, which would also include a world class indoor cycling track continues to climb. Those committed to help pay for part of the veldodrome construction first want a guarantee before they ask donors to shell out cash. Kendra Slugoski reports.
EDMONTON – Edmonton’s city council is evaluating the future of a proposed indoor velodrome because of the ballooning cost of the project.
The project was up for debate at City Hall Monday afternoon. The new indoor velodrome has been in the works for a decade. The original cost of the project was estimated at $85 million. However, that price tag has now jumped to $111 million.
The indoor recreation centre would be located in Coronation Park.
In addition to the velodrome, it would house gymnasiums, fitness rooms, a running track and multi-purpose rooms.
The Argyll Velodrome Association, along with the Edmonton Triathlon Academy, has committed $20 million towards the project. But before that money is committed, they too are looking for a commitment.
“What they want is commitment that council has agreed to build this. Period,” said Ward 9 councillor Bryan Anderson.
Council says, though, it can’t commit to the project until it finds the money. Council will debate the project as part of the 2015 to 2018 capital budget this fall.
“I would hope that their patience doesn’t wear thin and that they bail on this because I think it is an incredibly valuable facility for this city,” said Anderson.
“I wouldn’t put a deadline on it. I would say we’ve been committed to the process with the city and we’ll continue with that process,” added David Embury with the Argyll Velodrome Association.
The facility would be North America’s first indoor triathlon training centre.
The velodrome could also be a crucial piece in Edmonton’s bid for the 2022 Commonwealth Games.
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