Nominee for Secretary of Transportation Elaine Chao laid out her vision for DOT should the senate confirm her, and it's heavy on lifting regulations while breezing past funding issues. According to Politico:Chao said she wants to reduce "regulatory burdens when appropriate." And she hopes to speed...
The Associated Press reports a California legislative panel advanced a bill Tuesday committing the state to cover up to $250 million in cost overruns as part of Los Angeles’ bid for the 2024 Summer Olympics.
The Senate Governmental Organization Committee approved the bill in a 7-0 vote after proponents said they’re confident they can provide the Games without the serious deficits that have challenged other recent host cities. They pointed to Los Angeles’ profitable hosting of the 1984 Olympics. — gamesbids.com
when media outlets report cost of materials as being some $13,000, I want to know what was donated in terms of materials, too. Were permit fees waived? There are many times when you need a licensed architect or engineer for certain permits, and that’s not likely in these totals.
It is completely fine to get around having to do that stuff, but it’s not truthful to report the results without the real numbers as a part of the story. These kinds of things get shared around... — Jordan Pollard – metropolismag.com
Last week Port Authority decided not to hold an opening ceremony for Santiago Calatrava’s World Trade Center Transportation Hub (followed by their sudden flip flop), citing the fact that it was six years delayed and that final construction costs came in around $4 billion in taxpayer dollars, twice what was projected. But it’s hardly the only public project to face delays and skyrocketing costs. In fact, it’s not even close to being the worst of the lot that are draining tax payer dollars. — 6sqft.com
Mortenson Construction Vice President John Wood said stadium designers and builders will cover the cost, so it won’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. — washingtontimes.com
One of the strangest places in Hungary lies beside the Tisza River in a village called Gergelyiugornya. Hugged by a bend in the river, it’s a relatively narrow, woody flood basin area packed with small cottages that show an incredibly wide variety of architectural designs and creativity. [...]
Most of these houses were built in the 80s, when the workers of socialist Hungary were allowed to build for themselves on small plots of land. — Gizmodo
This week Calatrava defended his projects. “The reality is that throughout my career I’ve tackled projects in Spain that I’m proud of,” he told Spanish daily El Mundo. [...]
At 63 years old, Calatrava said he hoped the best of his career was still to come. “Many of the architects I admire have given the best of themselves as they mature,” he said. “I’m hoping to do the same.” — theguardian.com
Calatrava told me that it wasn’t his job to monitor the budget. “It is very difficult,” he said. “I have never estimated anything in this project, because there was a whole team, maybe 25 people, working the whole time on cost estimation and cost control. But I kept looking at those fellows and telling them this is like geology: You only know what you have under your feet when you excavate.” — nymag.com
The current, temporary trade center station serves... only 10,000 more than use the unassuming 33rd Street PATH terminal in Midtown Manhattan.
In fact, the hub, or at least its winged “Oculus” pavilion, could turn out to be more of a high-priced mall than a transportation nexus, attracting more shoppers than commuters. The company operating the mall, Westfield Corporation, promises in a promotional video that it will be “the most alluring retail landmark in the world.” — nytimes.com
Damningly described as ‘hell on wheels’, ‘malice in blunderland’, and ‘a field of dreams’; welcome to a run-down of some of the world’s most eye-wateringly over-budget projects. — Podio.com
Many in the art world were staggered by recent reports that the Italian curator Germano Celant is being paid €750,000 to organise a pavilion for the Milan Expo 2015. Celant’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 [...]. — theartnewspaper.com
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. — spiegel.de
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. — spiegel.de
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