The cost of adding 195 new stalls to Kelowna's Library Parkade has increase 50 per cent to $6.4 million say city officials.

Cost of expanding Kelowna’s downtown Library Parkade jumps 50 percent

The bill to add 195 new parking stalls and 5,200-square-feet of commercial space has increased $2.4 million.

Now the city knows what it feels like for motorists when they face a steep increase in the cost  of parking.

City staff have told council that the price to build a planned extension onto the Library Parkade downtown will be more than 50 per cent more than originally planned.

The $6.4 million expansion—up from the original estimate of $4 million—is part of a plan to increase parking downtown.

The expansion will be done in conjunction with construction of a new $14.8 million parkade nearby, between the Kelowna Heritage Museum and Memorial Arena, to service a planned new high rise office tower across the street that Interior Health wants to use as its new headquarters.

According to city staff, the overall project—including both parkades—is now estimated at $21.3 million, up from the original estimate of $19 million. The city plans to borrow $1 million  to help pay for the Library Parkade expansion and $14 million to help pay for construction of the new parade.

The new structure is expected to be used mainly during the day by Interior Health employees, as many as 1,000 of whom will work in offices in the new tower at Ellis Street and Doyle Avenue.

The reason for the increase in the cost of the Library Parkade cost, according to city staff, is what they call unanticipated geotechnical remediation work that will be required, as well as expanding the street level retail the city wants to include in the project.

It will also include $100,000 worth of public art incorporated into to he design of the building, which the city says could be coloured patterns, designs or other artistic elements over seven large areas of the external walls that would normally be partially open, exposing the parking levels to the street below.

City Hall has said it will not include any street level commercial space in the new parkade in order to comply with what has become known as the “Simpson Covenant.” That document dates back to the 1950s, when Stanley Simpson sold the city land that Memorial Arena and the paring lot beside it that the new parkade will be built on now sit. The sale agreement stipulated  the land was to be only for used for municipal use, not commercial purposes.

Instead, it will include 6,000-square-feet of ground level municipal offices.

The expansion of the library parkade is slated for the Ellis Street side of the existing structure and is slated to open in the late summer or early fall of 2014.

The new 440-stall Ellis Parkade, as it is being called, will open in the fall of 2015 to coincide with the new IH building. IH has said it will rent 410 of the parking stalls in the Ellis Parkade.



Just Posted

Westbank First Nation reports an increase in building activity

2017 was the fourth busiest year for building on WFN reserves since 2005

One fatality in Highway 97 collision in Vernon

Two vehicles involved in crash that has halted traffic

Kelowna woman only Canadian to train in Danish sailing program

A Kelowna sailor compares her life at sea to manning an old… Continue reading

Okanagan Sun juggle coaching staff

Kelowna football club makes a move within its coaching ranks

Kelowna West Libertarian goes after ICBC

Kyle Geronazzo feels B.C. drivers are being “ripped off” by the provincial auto insurer

What’s happening

Find out about events happening in your community this weekend

World’s fastest log car made in B.C. sells for $350,000 US

Cedar Rocket auctioned off three times at Barrett-Jackson Co., netting $350,000 US for veterans

Thunderbirds ground Rockets

A week after a 6-2 win in Kent, WA, the Rockets fall to Seattle Friday in WHL action

Bad timing: Shutdown spoils Trump’s one-year festivities

Trump spends day trying to hash out a deal with Senate Minority Leader Chuck Schumer

RCMP nail sex toy thief

Shop owner plays a role in arrest

Ice-cream-eating bear draws controversy

An Alberta Wildlife Park posted a video this week of one of their bears going through a Dairy Queen drive-through

Fernie, RCMP go to court over city log books in fatal ammonia leak probe

Log books center stage in clashing of investigations between the city and RCMP

B.C.’s biggest pot plant planned for Oliver

Co-founder Tony Holler said the 700,000 sq. ft. facility would produce 100,000 kg of pot per year

High-end whisky seized in B.C. bar raids

Raids end in seizures at Victoria, Nanaimo and Vancouver whisky joints

Most Read