WBJ: Challenging Site, Tight Timelines led To Major Cost Increases For Polar Park (Cost Now $159.5 Million)
- Get link
- X
- Other Apps
“After the design development process was completed in the fall of 2019, it was clear that the project team underestimated the costs associated with this unique site,” City Manager Edward Augustus wrote in a Jan. 8 memo to City Council.https://t.co/AFqyPggIxP
— Worcester Business Journal (@WBJournal) February 4, 2021
Important things to note
- Read footnote: Total cost for Polar Park is now $159.5 million up from $157 million
- No proforma for latest cost increases
- "Some people stress just the finances"
Comments