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Monday, October 24, 2011

Peel Plaza Construction Costing City More

There have been 122 changes required in the construction of infrastructure upgrades with the Peel Plaza development and they are going to wind up costing the city more money. 

The final cost of construction is now estimated to be close to 5.4 million dollars, almost 200 thousand more than what was approved.

An unexpected expense was 345 thousand dollars to get rid of contaminated soil along Carleton Street. 

When the utility work and management construction costs are tabulated, the final cost is believed to be over 6.1 million dollars. Common Council is getting an update tonight.