With two different larger construction projects underway in different parts of Olds, motorists are reminded to slow down, drive safe and expect delays. Projected completion of both projects is mid October.
New Roundabout Intersection and Access to SE Industrial Park
Highway 2A and 68 Street
As announced in November, 2020, a new roundabout is being installed on Highway 2A to provide secondary access and underground utilities into the Southeast Industrial Park, and to allow for smoother traffic flow into town.
The Town has focused on safety and a roundabout in this location will reduce traffic volumes at both 54 Street and 57 Street intersections, and provide direct access to the south east industrial lands supporting additional future development.
The Town was awarded a $3-million Strategic Transportation Infrastructure Program grant from the Alberta Government. This is cost-shared funding 50 per cent provincial/50 per cent municipal.
Alberta Transportation requires that municipalities construct roundabouts or traffic circles as priority unless it is not possible for reasons such as land constraints. A Traffic Impact Assessment (TIA) was completed in 2017 that analyzed the SE Industrial Park and nearby intersections on 2A. A feasibility study was completed on 68 Street and it was determined a roundabout is the best option.
What is the difference between a roundabout and a traffic circle?
Roundabouts are generally smaller in diameter (60-65 meters in diameter) and have more curves leading up to the roundabout forcing traffic to operate at lower speeds - about 30 km per hour.
Traffic Circles are much larger in diameter (100 meters or larger) and typically do not have the additional curves leading up to the circle thus allowing for speeds up to 50 km per hour.
New Traffic Light Installation and Intersection Expansion
Highway 27 and 70 Avenue
Also announced in November, 2020, the Town received a Municipal Stimulus Program (MSP) grant in the amount of $1.09 million through the Alberta Government funding the installation of traffic lights at the intersection of 70 Avenue and Highway 27. The Alberta Government announced MSP grants would be awarded to municipalities as a means to create jobs and help our economy recover.
A Traffic Impact Assessment (TIA) was completed in 2017 for the NW corner of Town which includes Cornerstone, Rotary Athletic Park of Olds, Westview, and West Towne Developments. This study identified that 70 Avenue and Highway 27 required traffic controls as the area has already begun to see increased development. These signals will be installed to ensure safety of both motorists and playfield users who will cross this major highway to reach the athletic park. This project is part of the long-term Highway 27 Functional Plan.