VANCOUVER – Vancouver City Council has approved $25 million in funding for several major capital projects, supplied via a $49.5 million grant from the Province of British Columbia through its Growing Communities Fund.
City staff will also report back with the allocation of the remaining $23.6 million from the fund “as soon as possible and no later than the 2023-2026 Capital Plan mid-term update scheduled for mid-2024,” a release stated.
The projects include:
- Beatty Street Bike Lane conversion to permanent configuration ($2 million)
- Transportation safety and accessibility improvements ($3 million)
- Marpole-Oakridge Community Centre renewal and expansion ($3 million)
- Downtown Eastside Fire Hall #2 Temporary Annex ($3 million)
- Renovation of Central Children’s Library – Phase 2 ($4.5 million)
- Construction of an artificial turf field at Moberly Park, construction of a spray park at Ross Park and conversion of temporary plazas to permanent facilities ($10 million in total).
Staff will report back to confirm the scope, cost and delivery timelines for each project.
The Province of B.C. announced the creation of the $1 billion Growing Communities Fund on Feb. 10, 2023 as a method of addressing the cost of local government infrastructure.
The City of Vancouver’s 2023-2026 capital plan was approved by council in June 2022.
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