Raise the Hammer
Toronto 2015 CEO Ian Troop just issued a press statement announcing that Milton Education Village is now in consideration as the site for the Pan American Games velodrome. The Town of Milton still has to commit to the plan by January 24, 2012.
According to Brian Findlay, a spokesperson for TO2015, no further details are available yet about what the Milton velodrome plan will entail.
Following is Troop's full statement:
TO2015 is pleased to announce that Milton Education Village is now being considered as the selected site for the Toronto 2015 Pan/Parapan American Games velodrome.
The Organizing Committee officially confirmed the Town of Milton site today, December 15, 2011. This confirmation is conditional upon receiving a binding agreement from the Town on or before January 24, 2012.
TO2015 looks forward to working with city officials over the next few weeks to help finalize the operating program for the velodrome to ensure a world-class cycling hub for Milton, the province and eastern Canada. We are pleased the Town and its community members, including the generous participation of Mattamy Homes' founder Peter Gilgan, have embraced the value of this legacy venue.
By Vod_Kann (registered) | Posted December 15, 2011 at 15:21:30
Not in that release but the spec has them having to commit up to $21mil which put the price at close to $48 mil. It was origianlly 35-45mil. Did it go up again?
http://www.thespec.com/news/local/ar...-...
Milton gets the nod for velodrome, but …
The velodrome race is Milton’s to lose.
Officials with the 2015 Pan Am Games confirmed in a release this morning that the town of around 80,000 is their pick for the planned site of a permanent indoor cycling track.
But to seal the deal, Milton officials must sign a binding agreement by Jan. 24 promising to cover up to $21 million of velodrome building costs, according to the release.
Hamilton gave up its frontrunner status in the velodrome race in October after Pan Am officials rejected council’s $5 million offer towards a facility that could cost up to $45 million.
A late bid from Milton proposes to spend less than $5 million in taxpayer cash, but confirmed private sector contributions have already surpassed $7 million.
Milton hopes to building the velodrome alongside a planned “education village,” a proposed new satellite campus for Wilfrid Laurier University
The province has yet to give the green light for that development, however.
By jason (registered) | Posted December 15, 2011 at 18:55:09
Can TO2015 give them the stadium too??
By Peter (anonymous) | Posted December 16, 2011 at 01:49:00 in reply to Comment 72314
Ha ha...very cheeky. I guess I'm not the only one completely disinterested in the 'new' stadium we're getting.
By Theymustbecrazy (anonymous) | Posted December 28, 2011 at 19:15:58
The Milton city officials must be burying the heads in the sand. What Milton needs right now is a hospital that can accommodate the ever increasing population, better roads....an overpass at the railway on Derry rd w. How many more years and how many more lives do we need to lose before the upgrade these necessities of life? A veladrome is NOT what Milton needs at the moment!
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