Asheville River Arts District overhaul faces $26M cost overrun

Asheville River Arts District overhaul faces $26M cost overrun

An overhaul of Asheville’s River Arts District meant to transform an industrial-era hodgepodge of roads and buildings into a multimodel system of traffic circles, greenways and bike lanes is facing a $26 million cost overrun. Bids came back in May some 50% higher than anticipated in March 2015, when the project was estimated at $50 million, city officials say. The overrun, attributed to skyrocketing land and construction costs, will likely mean cuts to the project.

Click to read...  National River Conservation Organization Says the Neuse Is One of the Country’s Most Endangered Rivers
2
Like
Save
Privacy Policy | Terms of Service | Curation Policy | DMCA Policy