‘Unprecedented market conditions’: Cost estimate for new East Gwillimbury recreation facility …

In East Gwillimbury’s case, the longer the town waits before building their new recreation centre with a pool, the more expensive it seems to get.

“We had to change our development charges bylaw in order to be able to account for what I call an eye-watering uptick in price of this building,” She said.

“I am concerned that we are very early in this stage and adding substantially more,” she said.

of facility space including East Gwillimbury’s first-ever aquatics centre; library; maker space and sound studio; gymnasium, with track and potential fitness amenities ; program spaces, with a teaching kitchen; an interior boardwalk space with public art; and an interactive nature-themed play space.

Karmazyn said the he impacts of COVID-19 and market conditions have driven up costs by approximately 15 to 25 per cent.

As part of the budget deliberations, council approved an additional $990,000 in net-zero initiatives for the facility that will pay themselves back over time.

During its 2022 budget presentation, Director of Finance Warren Marshall proposed 0.8-per-cent tax increase for four years to pay for the $1.6-million estimated operating cost of the facility.

There is some hope that building inflation may go down, but Roy-DiClemente said they are being fiscally prudent in planning.

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