Edmonton – The possibility of a gondola running from downtown Edmonton to the River Valley has been postponed indefinitely.
The concept was to build a gondola that would travel from Jasper Avenue and 104 Street into Rossdale.
An executive committee announced Monday morning the idea has been postponed; citing concerns about the placement of the proposed gondola, since redevelopment plans for the Rossdale plant are up in the air
Financial news and insights
delivered to your email every Saturday.
The project would have cost the city $34.4 million.
Two companies had come forward with business proposals.
One of the potential vendors estimated annual operating costs to operate the gondola would have been $1.5 million to $3 million.
It was hoped the gondola would have transported 400 people per hour.
Comments