sentences:  Officials had estimated these facilities would cost $163 million alone.Shannon Park was chosen as the most suitable location since it is situated on the Halifax Harbour where proposed high speed ferries could connect to other parts of Bedford Basin and the downtown central business district, as well as being situated astride several major highways and a rail line.On March 8, 2007 the provincial and municipal governments issued a joint statement withdrawing Halifax from the bidding process for the 2014 Commonwealth Games, citing the projected costs to public finances and lack of available funding.