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Budget for Front Street plaza demolition blows up by $165K

Staff cite construction cost increases since budget established four years ago
2021-03-14 Orillia waterfront redevelopment 1
The southern portion of the Metro plaza, shown in this file photo, will be demolished.

The cost to demolish part of the plaza at 70 Front St. N. is more than expected.

Council committee granted staff’s request Monday to increase the budget by $165,000 — taking it from $300,000 to $465,000.

Staff noted in a report the original budget was established four years ago.

“Since that time, and especially considering the current COVID-19 situation, tender submissions and pricing have increased dramatically within the construction industry,” the report stated.

In August, the city issued a request for tender for the project — the demolition of all of the plaza except the Metro grocery store to extend Coldwater Street to the waterfront. All tenders came in above the original budget, but Tri-Phase Group had the lowest at $367,178.

The additional $165,000 will be funded from reserves — $55,000 from the roads reserve and $110,000 from the land acquisition reserve.

Demolition will begin sometime this fall and is expected to be finished near the end of the year.




Nathan Taylor

About the Author: Nathan Taylor

Nathan Taylor is an experienced multimedia journalist and editor who covers Orillia and other parts of Simcoe County.
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