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Old Posted Mar 6, 2019, 6:17 PM
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Join Date: Nov 2001
Location: Vancouver
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Quote:
Originally Posted by Marty_Mcfly View Post
I've been hearing about Halifax fixing/demo'ing the Cogswell Interchange for many, many years now. Is there actually movement happening on it? It'd definitely be a huge plus to downtown Halifax.
It's been talked about for years but Halifax regional council recently approved putting out tenders for demolition and reconstruction. They also approved a "90% plan" that specifies what the streets and land parcels will look like, but not the buildings or details of the public spaces. They've also planned out the construction phasing so that the area remains open while the interchange comes down.

Part of the impetus for this is that Cogswell is falling apart. If it's not torn down soon it will need expensive repairs. This is probably the main reason why this is happening in 2019 and didn't happen in 1999.

Another possible factor is that downtown land is worth a lot more now than it was in the 90's. It's expected to be a revenue neutral project, with the land paying off capital expenses (it's probably a big net win if you consider assessments and the expanded tax base).
     
     
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