Calgary, Alberta – Calgary is promising motorists an additional 25 kilometres of ring roads by 2013, thanks to a new contract with Chinook Roads Partnership.
The 33-year contract will see Chinook design, build, operate and partially finance Stoney Trail from 17th Avenue SE to east of Macleod Trail. The contract also includes maintenance of Deerfoot Trail from its junction with Stoney Trail SE (currently Highway 22X) to its junction with Highway 2A.
“The contract for Stoney Trail SE will save taxpayers $1 billion,” said premier Ed Stelmach. “This project demonstrates that now is definitely the right time to keep investing in our public infrastructure. We’re taking advantage of lower construction prices while providing jobs for hundreds of people.”
The public-private partnership contract is worth $769 million in 2010 dollars, compared to the estimated cost of $1.8 billion using traditional delivery. The Alberta government will advance $232 million during the construction phase, while the government of Canada will provide up to $100 million through the Building Canada Plan. Once the road opens to traffic, the Alberta government will make monthly payments over the life of the contract.
Construction will begin in May 2010, with the road scheduled to be open to traffic by the fall of 2013. The project, the largest single highway project in Alberta’s history, includes 25 km of six-lane roadway, nine interchanges, one road flyover, two rail flyovers, and 29 bridge structures. The roadway’s main line will be completely free-flow with no traffic lights. Approximately 70 per cent of the Calgary ring road will be open to traffic once Stoney Trail SE is completed.