Archinect - News 2014-11-23T21:48:13-05:00 http://archinect.com/news/article/111501222/budget-busters-ranking-the-world-s-most-overbudget-monuments Budget Busters: ranking the world's most overbudget monuments Amelia Taylor-Hochberg 2014-10-17T18:22:00-04:00 >2014-10-17T18:34:52-04:00 <img src="http://cdn.archinect.net/images/514x/cg/cgtbyakasvj26x6u.jpg" width="514" height="284" border="0" title="" alt="" /><em><p>Damningly described as &lsquo;hell on wheels&rsquo;, &lsquo;malice in blunderland&rsquo;, and &lsquo;a field of dreams&rsquo;; welcome to a run-down of some of the world&rsquo;s most eye-wateringly over-budget projects.</p></em><br /><br /><p>After adjusting costs for inflation and converting into US Dollars, <a href="http://podio.com/" rel="nofollow" target="_blank">Podio</a>&nbsp;put together a simple, nifty visualization of the world's most over-budget monuments. Unsurprisingly, Olympic and large infrastructure projects rank high, with projects like Healthcare.gov and the International Space Station thrown in the mix for comparison.</p><p>Check out the projects below in the interactive infographic:</p><p></p><p>(via <a href="https://podio.com/site/budget-busters/" rel="nofollow" target="_blank">Podio</a>).</p> http://archinect.com/news/article/104480216/how-much-are-curators-really-paid How much are curators really paid? Alexander Walter 2014-07-18T14:30:00-04:00 >2014-07-22T18:03:12-04:00 <img src="http://cdn.archinect.net/images/514x/c4/c44e32df778961ca671cd9c910619b9d.jpg" width="514" height="347" border="0" title="" alt="" /><em><p>Many in the art world were staggered by recent reports that the Italian curator Germano Celant is being paid &euro;750,000 to organise a pavilion for the Milan Expo 2015. Celant&rsquo;s fee, and the incredulity it provoked, raises questions about how much curators are typically paid for organising biennials and large-scale international exhibitions. The Art Newspaper surveyed around 40 international curators and biennial organisers [...].</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/104403021/stadium-sticker-shock-costs-explode-for-russia-s-2018-world-cup Stadium Sticker Shock: Costs Explode for Russia's 2018 World Cup Alexander Walter 2014-07-17T14:19:00-04:00 >2014-07-22T18:36:57-04:00 <img src="http://cdn.archinect.net/images/514x/6b/6bef4c6bd50cf02cdfad0f2316ebcd21.jpg" width="514" height="191" border="0" title="" alt="" /><em><p>Moscow wants to make Russia the "center of the sporting world," but the price tag will be steep. Four years before the 2018 World Cup, costs are exploding in the next host country, with the two most important stadiums each costing more than a billion euros.</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/91686283/construction-of-new-nato-headquarters-in-brussel-overbudget Construction of New NATO Headquarters in Brussel Overbudget Alexander Walter 2014-01-20T14:35:00-05:00 >2014-01-20T15:41:30-05:00 <img src="http://cdn.archinect.net/images/514x/12/12484524017e75a9cb60f916eb6aa9fb.jpg" width="514" height="191" border="0" title="" alt="" /><em><p>NATO is building a new headquarters for one billion euros. But the construction consortium is in financial difficulties and the project is at risk of being halted.</p></em><br /><br /><p> Watch a 2008 video interview below with lead architect Jo Palma of Skidmore, Owings and Merrill discussing the ideas behind the design of the building.</p> <p> More European key projects in dire financial troubles:</p> <ul><li> <a href="http://archinect.com/news/article/86067568/ecb-headquarters-skyrocketing-costs-for-skyscraper-project" rel="nofollow" target="_blank">ECB Headquarters: Skyrocketing Costs for Skyscraper Project</a></li> <li> <a href="http://archinect.com/news/article/75452818/starchitect-trio-the-men-behind-germany-s-building-debacles" rel="nofollow" target="_blank">Starchitect Trio: The Men Behind Germany's Building Debacles</a></li> </ul> http://archinect.com/news/article/82056695/the-artist-is-present-in-the-bronx The Artist is present in the Bronx Quilian Riano 2013-09-17T14:30:00-04:00 >2013-09-22T02:50:25-04:00 <img src="http://cdn.archinect.net/images/514x/aa/aa54a9f0e5a3574d03c0cda509278398.jpg" width="514" height="290" border="0" title="" alt="" /><em><p>Art Critique Of Gramsci Monument: A Work in Public Space by Thomas Hirschhorn at Forest Houses, the Bronx, New York.</p></em><br /><br /><p> Thomas Hirschhorn&rsquo;s Gramsci Monument, a temporary public art work sponsored by the Dia Foundation now on view at Forest Houses in the Bronx, reportedly cost $500,000 to construct.1 If you try accounting for its material costs in plywood, nails, tarps, and packing tape, and still come up $490,000 short, you are not alone. The Swiss-born Hirschhorn is the type of Continental sophisticate who traffics in the naive. A regular on the Kunsthalle circuit, he knows how to work the levers of funding while enjoying the representation of a high-rolling Chelsea gallery, all in advancement of his phony patois. As a general contractor, he also deserves to be stripped of his license. Hirschhorn makes things that are worth less than the tape they are wrapped in. As it happens, obsessively wrapping junk in packing tape, thus furthering its decrepitude until it devolves into Hirschhorn junk, is his stock in trade. His shoddy constructions are poststructural manifestations representing the inverse o...</p> http://archinect.com/news/article/79085095/flinders-street-redesign-may-never-come-to-life Flinders Street redesign may never come to life Archinect 2013-08-09T20:22:00-04:00 >2013-08-13T17:44:39-04:00 <img src="http://cdn.archinect.net/images/514x/g4/g4nbbhte8xqpmirw.jpg" width="514" height="324" border="0" title="" alt="" /><em><p>Premier Dennis Napthine announced HASSEL + Herzog &amp; de Meuron as the winners of the state government's competition for the redesign of the iconic station, but the plan for the redevelopment itself has been met with a degree of skepticism from some. On top of the $1.6m spent on the competition, Napthine estimates that the realisation of the plans would cost $1 to $1.5b and would take over a decade to be built. The state government has not yet committed to its completion.</p></em><br /><br /><p> Previously:</p> <p> <a href="http://archinect.com/news/article/78986133/hassell-herzog-de-meuron-win-flinders-street-station-competition" target="_blank">HASSELL + Herzog &amp; de Meuron Win Flinders Street Station Competition</a><br><a href="http://archinect.com/news/article/78003654/big-names-on-flinders-street-station-shortlist-public-voting-now-open" target="_blank">Big Names on Flinders Street Station Shortlist - Public Voting Now</a></p> http://archinect.com/news/article/73850206/path-fail-the-story-of-the-world-s-most-expensive-train-station PATH/Fail: The Story of the World’s Most Expensive Train Station Archinect 2013-05-24T18:56:00-04:00 >2013-06-18T04:27:36-04:00 <img src="http://cdn.archinect.net/images/514x/nk/nk6s0hharpzk7ehp.jpg" width="514" height="386" border="0" title="" alt="" /><em><p>At $3.74 billion, plus another $200 million in contingencies, the &ldquo;Transportation Hub&rdquo; at the World Trade Center&mdash;not even the busiest station in the Financial District&mdash;will be far and away the most expensive train station built in modern history. The Hub, as it&rsquo;s known in Port Authority speak, will be the crowning artistic statement of the World Trade Center complex, perhaps the last grand gesture at a site that was supposed to be full of them.</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/73293916/hirshhorn-bubble-risks-operating-at-a-loss-internal-smithsonian-report-says Hirshhorn ‘Bubble’ risks operating at a loss, internal Smithsonian report says Archinect 2013-05-16T13:13:00-04:00 >2013-05-20T11:40:04-04:00 <img src="http://cdn.archinect.net/images/514x/4l/4ld8181aniu1adl1.jpg" width="514" height="319" border="0" title="" alt="" /><em><p>The Hirshhorn Museum&rsquo;s proposed Seasonal Inflatable Structure, also known as &ldquo;the Bubble,&rdquo; a project announced in 2009 and intended as an architecturally and culturally transformative space on the Mall, would operate at a loss in each of three scenarios examined in an assessment done by the Smithsonian.</p></em><br /><br /><p> &ldquo;We&rsquo;ve said from the beginning, and the secretary [G. Wayne Clough] has said it, this is a bold project,&rdquo; said Richard Kurin, the Smithsonian&rsquo;s undersecretary for history, art and culture. &ldquo;We&rsquo;ve encouraged this, but it has to be raised by private money. In terms of doing that, we&rsquo;re still trying to raise money for construction of the Inflatable Structure. We&rsquo;ve been at this for some years. We hope its time has come now, but if not, we look forward to a better time.&rdquo;</p> http://archinect.com/news/article/71970571/apple-submits-revised-campus-2-plans-delays-tantau-development-to-cut-costs Apple Submits Revised Campus 2 Plans, Delays Tantau Development to Cut Costs Archinect 2013-04-25T18:59:00-04:00 >2013-04-29T00:43:59-04:00 <img src="http://cdn.archinect.net/images/514x/bd/bdx8h8j7bub6rfdp.jpg" width="514" height="384" border="0" title="" alt="" /><em><p>In order to trim 300,000 square feet of construction costs from its budget, Apple has pushed the entire Tantau Development to Phase 2, which means it will be completed after the main campus is built. Apple's revised campus plan includes the addition of an expanded section detailing bicycle access improvements, which comes with an included visualization of what bike pathways and sidewalks might look like on the campus.</p></em><br /><br /><p> Download all the <a href="http://cupertino.org/index.aspx?page=26&amp;recordid=888&amp;returnURL=%2findex.aspx" target="_blank">revised plans from Cupertino.org</a></p> http://archinect.com/news/article/70882193/apple-hq-building-balloons-to-an-estimated-5-billion Apple HQ building balloons to an estimated $5 billion Archinect 2013-04-08T18:55:00-04:00 >2013-04-10T13:20:37-04:00 <img src="http://cdn.archinect.net/images/514x/a4/a4d95e6d31d64361442a7925e305b54f.jpg" width="514" height="343" border="0" title="" alt="" /><em><p>Since 2011, the budget for Apple&rsquo;s Campus 2 has ballooned from less than $3 billion to nearly $5 billion, according to five people close to the project who were not authorized to speak on the record. If their consensus estimate is accurate, Apple&rsquo;s expansion would eclipse the $3.9 billion being spent on the new World Trade Center complex in New York, and the new office space would run more than $1,500 per square foot&mdash;three times the cost of many top-of-the-line downtown corporate towers.</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/45565519/a-prefab-short-on-the-fab A Prefab, Short on the Fab Archinect 2012-04-19T15:52:00-04:00 >2012-04-25T10:07:29-04:00 <img src="http://cdn.archinect.net/images/514x/d7/d7cc7cd11360b96e788ce4c79b7f12bc.jpg" width="514" height="308" border="0" title="" alt="" /><em><p>Affordability, along with a minimalist aesthetic, were the reasons she decided on a prefab house &mdash; points on which Mr. Buryk, who had years before remodeled a 100-year-old house in Portland, Ore., wholeheartedly agreed. &ldquo;I, similar to Zoe, was coming from a place of not wanting to do that again,&rdquo; he said. But it wasn&rsquo;t quite as affordable as they had hoped. The house cost $260,000 to build, from start to finish (the kit itself was $47,000) &mdash; nearly $100,000 more than they&rsquo;d expected.</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/38977606/hamburg-sues-over-herzog-de-meuron-s-pricey-late-concert-hall Hamburg sues over Herzog & de Meuron's pricey, late concert hall Archinect 2012-02-22T12:49:00-05:00 >2012-02-25T23:44:25-05:00 <img src="http://cdn.archinect.net/images/514x/pt/pt4yilm16sd1dam2.jpg" width="514" height="317" border="0" title="" alt="" /><em><p>The city was initially prepared to contribute &euro;77 million to the project &ndash; but this figure has since gone up by nearly five times to more than &euro;323 million &ndash; more than half the expected &euro;600 million total cost. And the original completion date of 2010 has been pushed back to 2014. The building&rsquo;s designers had underestimated certain costs &ndash; such as an acoustic panelling for the main concert hall which cost five times as much as expected, adding more than &euro;10 million to the bill.</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/28386053/9-11-museum-is-delayed 9/11 Museum Is Delayed Archinect 2011-11-22T16:28:18-05:00 >2011-11-25T12:26:10-05:00 <img src="http://cdn.archinect.net/images/514x/af/af84ad96c4f3fbf97e86cb6f8d6cea73.jpg" width="514" height="343" border="0" title="" alt="" /><em><p>The planned 2012 opening of the Sept. 11 museum at the World Trade Center is in jeopardy amid a dispute over hundreds of millions of dollars in unexpected costs related to redeveloping the site, people familiar with the matter 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>