KINGSTON — Hit by added expenses from tariffs, the group planning to build a new 7,000-square-metre multisport facility in the city’s east end has been granted a new financing arrangement.
In February, the city approved the sale of 4.4 acres of land at the east end of Innovation Drive to Kingston Multisport Investment Group Ltd. The agreement allowed the company to pay almost $1.9 million in development charges for the project over a 10-year period.
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The permanent facility is to include a full-size soccer field, high-performance sports clinic, medical and physiotherapy offices, change rooms and a multi-purpose room with a snack bar.
But project costs are expected to increase by 25 per cent because of tariffs imposed by United States President Donald Trump.
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