Final Cost For Nationals Park Expected To Be $693M
WTOP photo.
So says the Associated Press. From the article:
The final cost of the Washington Nationals ballpark is expected to be $693 million, or $62 million more than the price tag anticipated when the city agreed to use public money to provide a home for its new baseball team.
The final tally was over budget because the cost of securing the property and the subsequent environment cleanup work were greater than expected. Those were two items exempt from the spending cap created by the District of Columbia Council, which had intended Nationals Park to cost no more than $631 million -- with $611 coming from the city and $20 million from the team's owners.
Labels: Growth Machine, sports and economic development, stadiums/arenas
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