Astrodome redevelopment boondoggle's cost could be $1 billion+ (updated)
RELIANT PARK officials unveiled their options for revamping the Astrodome space, and one plan could cost taxpayers nearly a billion dollars according to the Chronicle's Chris Moran. The most ambitious proposal, he reports, "would require public approval of as much as $900 million in taxpayer financing. Not only would the architects of such a plan not seek voter approval until at least 2012, but they likely would approach the public in phases for piecemeal approval to tackle the costs incrementally."
The least expensive option -- demolition and the construction of a park -- would cost an estimated $88 million (likely inflated).
That seems like a relative bargain compared to the other madness. Demolish the thing before the upkeep costs us any more millions.
UPDATE: Edgar Colon points out to Marc Campos that the rehab of the Astrodome itself is not the sole driver of the billion dollar + price tag of one option. That price tag apparently includes a spending orgy on other dubious projects as well (but thanks for the clarification -- clarity in terms of the madness of local "leaders" and their delusional spending preferences is always appreciated).
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Posted by Kevin Whited @ 06/14/10 10:54 PM | Print |
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