Davenport Road Reconstruction
Northfield Drive to Lexington Road, Waterloo
Cost: $2.9 Million
Anticipated Construction: Spring 2010
Governments of Canada and Ontario infrastructure investments = green light for Davenport Road Project
Waterloo, ON | February 13, 2009 | http://waterloo.ca/desktopdefault.as...ew&ItemId=1027
The City of Waterloo learned today that it will be receiving joint funding from the federal and provincial governments as part of the Building Canada Fund – Communities Component, a fund created to invest in infrastructure across Canada.
The governments of Canada and Ontario will each invest up to $966,413 in the project. The municipality of Waterloo will contribute the balance of the total eligible project cost of up to $2,899,239. This funding will allow upgrading on Davenport Road that will see the road reconfigured into a multi-use corridor that would reduce travel speeds, provide on-road bicycle lanes, and improve the pedestrian and trail network.
“We are pleased and excited to have this joint funding in place. This is great news for the City of Waterloo,” says Mayor Brenda Halloran. “Thanks to this federal, provincial and municipal funding model, we can get started on making Davenport a better road for the pedestrians, cyclists and vehicles that travel it.”
Construction will take place on Davenport Road between Lexington and Northfield. The project will include asphalt resurfacing, installation of traffic calming measures, landscaped medians, bike lanes, intersection improvements, and turning lanes, as well as pedestrian links, crosswalks, and islands. It is expected that the project will get underway in 2009 with expected completion in the summer or fall of 2010. These improvement opportunities were identified in a 2006 Class EA study, but would not have been possible at this time without this joint investment.
"I am very pleased that the people of our community will benefit from this significant investment,” says Kitchener-Waterloo MP Peter Braid. “As a result of this important funding partnership between all levels of government, we are delivering results for the people of Kitchener-Waterloo when we need it the most.”
Adds Mayor Halloran, “This funding enables upgrades that have been recommended to support traffic calming and to increase the level of active transportation in the area, and to Conestoga Mall. I am thrilled that we are among the communities throughout the province that will benefit from this significant joint funding.”
This news came as part of a joint announcement by The Honourable John Baird, Canada's Transport, Infrastructure and Communities Minister and the Honourable George Smitherman, Ontario's Deputy Premier and Minister of Energy and Infrastructure. More than $1 billion has been directed for 289 infrastructure projects in Ontario communities with populations of fewer than 100,000 people. These projects across the province will create jobs, help stimulate the economy and improve the quality of life of Ontarians.