Probably for the same cost-benefit reason as the Cranston debacle. Those Beddington bridges are really long; having to cross the train tracks and then the creek so that's $$. With the 96 Ave bridges open now it's pretty much a non-issue. For anyone in my area (Panorama) it's faster to go Harvest Hills to Stoney, or use the new bridge.
A flyover there built to today's standards would also put you right in the path of obliteration in the event an airplane overruns runway 29 and comes tumbling down the hill. I'm sure they'd consider that as well.
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