The cost to build the Surrey-Langley SkyTrain extension has grown by 50% to $5.996 billion.
The Government of British Columbia confirmed today the newly updated cost of the project, which represents a 50% increase from the previous estimate of $3.94 billion.
This updated construction cost, representing an increase of about $2 billion, follows the provincial government’s finalization of the three separate major construction contracts for the project over the past few months.
Major construction activity on the project is still scheduled to begin before the end of 2024.
However, the project is now expected to reach completion and open in late 2029 instead of late 2028.
This is a project to extend the Expo Line by 16 km along Fraser Highway from the existing King George Station in Surrey City Centre to Langley City Centre. The entire extension will be on an elevated guideway, and it will add eight stations to TransLink’s regional SkyTrain network.
More to come…