The multi-year, multi-million dollar project will help lessen traffic on the bridges, and spur economic development on the Halifax Mainland.
Investments in infrastructure help grow the economy and create jobs. It is encouraging to see that the government is taking a multifaceted approach to transportation, by investing in the downtown core as well as suburban areas.
I wouldn’t be surprised to see the new areas created by this highway turn into hotspots for development and homebuilding. The residential vacancy rate in Halifax is alarmingly low, and this new corridor may help alleviate some of that demand.
The cost for this highway is estimated at around $190 million. Building new highways require a big capital investment. Often, when these numbers are discussed people lose sight of the fact that after this highway is built, it will be property of the N.S. Government. The procedure around capital projects is often politicized and used to make a decision look irresponsible, when in fact, it is not.
Is commuter rail next on the list? I really hope so!