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
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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.