Archinect - News 2016-05-04T04:12:27-04:00 http://archinect.com/news/article/148733285/leaky-gutter-at-unfinished-vikings-stadium-adds-3m-4m-to-cost-overruns Leaky gutter at unfinished Vikings stadium adds $3M - $4M to cost overruns Amelia Taylor-Hochberg 2016-02-22T13:18:00-05:00 >2016-02-23T08:43:37-05:00 <img src="http://cdn.archinect.net/images/514x/sg/sgfkz3d9kvf2kidm.jpg" width="514" height="343" border="0" title="" alt="" /><em><p>Mortenson Construction Vice President John Wood said stadium designers and builders will cover the cost, so it won&rsquo;t be added to the overall budget or cost taxpayers or the team any money. [...] the Minnesota Sports Facilities Authority tentatively agreed to pay Mortenson $16 million for cost overruns even though the final figures are still being tallied. The authority is overseeing construction of the $1.1 billion stadium and approved the payment to resolve a mediation claim by Mortensen.</p></em><br /><br /><p>Related on Archinect:</p><ul><li><a title="How Cost of Train Station at World Trade Center Swelled to $4 Billion" href="http://archinect.com/news/article/115115396/how-cost-of-train-station-at-world-trade-center-swelled-to-4-billion" rel="nofollow" target="_blank">How Cost of Train Station at World Trade Center Swelled to $4 Billion</a></li><li><a title="Budget Busters: ranking the world's most overbudget monuments" href="http://archinect.com/news/article/111501222/budget-busters-ranking-the-world-s-most-overbudget-monuments" rel="nofollow" target="_blank">Budget Busters: ranking the world's most overbudget monuments</a></li><li><a title="HKS is chosen to design new Vikings stadium" href="http://archinect.com/news/article/58206983/hks-is-chosen-to-design-new-vikings-stadium" rel="nofollow" target="_blank">HKS is chosen to design new Vikings stadium</a></li><li><a title=" Stadium Sticker Shock: Costs Explode for Russia's 2018 World Cup" href="http://archinect.com/news/article/104403021/stadium-sticker-shock-costs-explode-for-russia-s-2018-world-cup" rel="nofollow" target="_blank">Stadium Sticker Shock: Costs Explode for Russia's 2018 World Cup</a></li><li><a title="PATH/Fail: The Story of the World&rsquo;s Most Expensive Train Station" href="http://archinect.com/news/article/73850206/path-fail-the-story-of-the-world-s-most-expensive-train-station" rel="nofollow" target="_blank">PATH/Fail: The Story of the World&rsquo;s Most Expensive Train Station</a></li></ul> http://archinect.com/news/article/132957160/berlin-s-6-billion-airport-drama Berlin's $6 billion airport drama Alexander Walter 2015-07-28T15:22:00-04:00 >2015-08-08T21:05:05-04:00 <img src="http://cdn.archinect.net/images/514x/5f/5faj96woz9b32vew.jpg" width="514" height="353" border="0" title="" alt="" /><em><p>The architecture and engineering teams fought to keep up. As the terminal ballooned from 200,000 to 340,000 square meters (dwarfing Frankfurt&rsquo;s 240,000 and just shy of Heathrow Terminal 5&rsquo;s 353,000), they parceled out the work to seven contractors. That soon grew to 35, and they brought in hundreds of subcontractors, says Delius. [...] At the very moment Merkel and her allies are hectoring the Greeks about their profligacy, the airport&rsquo;s cost, borne by taxpayers, has tripled to &euro;5.4 billion.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/129791831/this-250m-mega-penthouse-might-become-new-york-s-priciest-home This $250M mega penthouse might become New York's priciest home Alexander Walter 2015-06-17T15:55:00-04:00 >2015-06-19T13:04:55-04:00 <img src="http://cdn.archinect.net/images/514x/om/om6myg9w9281vfud.jpg" width="514" height="343" border="0" title="" alt="" /><em><p>Vornado's super luxury tower at 220 Central Park South isn't even out of the ground yet, but billionaire buyers seemingly can't wait to stash their stacks of cash in the 950-foot-tall tower. The Real Deal hears rumblings that a Qatari investor is eyeing a monstrous spread that would cost around $250 million, making it easily the most expensive home in New York City. It would completely obliterate the current record, the $100 million sale at One57.</p></em><br /><br /><p>Robert A.M. Stern's NYC condo towers have a habit of attracting record bids (previously:&nbsp;<a href="http://archinect.com/news/article/109657265/nyc-s-most-expensive-condo-to-be-listed-at-130-million" rel="nofollow" target="_blank">NYC&rsquo;s Most Expensive Condo to Be Listed at $130 Million</a>).</p> http://archinect.com/news/article/115104940/1-wtc-tops-the-list-of-most-expensive-skyscrapers 1 WTC tops the list of most expensive skyscrapers Archinect 2014-12-03T11:05:00-05:00 >2015-06-05T17:52:48-04:00 <img src="http://cdn.archinect.net/images/514x/xa/xa9z8bdegneg8sol.jpg" width="514" height="373" border="0" title="" alt="" /><em><p>One World Trade Center is by far the world's most expensive building, coming in at $3.9B, nearly double the second-most expensive buildings, Vegas' Palazzo casino and London's The Shard, which both cost $1.9B to build. Perhaps even more surprising, Dubai's dizzying Burj Khalifa, currently the world's tallest building, comes in at number five</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/109657265/nyc-s-most-expensive-condo-to-be-listed-at-130-million NYC’s Most Expensive Condo to Be Listed at $130 Million Alexander Walter 2014-09-23T19:01:00-04:00 >2014-09-24T19:19:12-04:00 <img src="http://cdn.archinect.net/images/514x/vw/vwtsu9b0g6ca9wn9.jpg" width="514" height="345" border="0" title="" alt="" /><em><p>A triplex penthouse at Zeckendorf Development Co.&rsquo;s tower under construction on Manhattan&rsquo;s Upper East Side will be offered for sale at $130 million, making it New York&rsquo;s most expensive apartment listing. The 12,394-square-foot (1,151-square-meter) property will span the top three floors at 520 Park Ave., where sales will begin the first quarter of next year, Arthur Zeckendorf said in an interview today.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/85306327/heatherwick-chosen-to-create-potentially-world-s-most-expensive-public-art-piece-for-new-york Heatherwick chosen to create potentially world's most expensive public art piece for New York Archinect 2013-10-29T18:20:00-04:00 >2013-10-29T18:20:17-04:00 <img src="http://cdn.archinect.net/images/514x/28/28e35f1727abc673eb23c9d4bfb9fce2.jpg" width="514" height="343" border="0" title="" alt="" /><em><p>It isn't clear what the artwork will look like, though a person familiar with the matter said it would have a "gathering" theme. But it will be expensive: Mr. Ross, chairman of builder Related Cos., has told friends and associates the company intends to spend as much as $75 million on the centerpiece and surrounding public space.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html> http://archinect.com/news/article/20531408/hong-kong-s-skyline-prepares-for-an-addition-by-frank-gehry Hong Kong's Skyline Prepares for an Addition by Frank Gehry Archinect 2011-09-15T13:43:00-04:00 >2012-11-18T23:41:33-05:00 <img src="http://cdn.archinect.net/images/514x/fa/fac1045d9f341445f9aab2b89ca88334.jpg" width="262" height="394" border="0" title="" alt="" /><em><p>The Opus Hong Kong is located at 53 Stubbs Rd. in the city&rsquo;s Peak area, one of its most expensive neighborhoods. The cost of renting one of the 6,000-square-foot apartments in the 12-story, 12-unit apartment building has not been set yet, but Swire Properties has &ldquo;every expectation it will break records,&rdquo; Chief Executive Martin Cubbon said.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html>