Canada: Ottawa Super Library (A Public and National Library) “Projected to Be Done In 2024 At New Cost Of $174.8 Million”
From The Ottawa Citizen:
The estimated cost of a super library on LeBreton Flats is now $174.8 million and the City of Ottawa will need to borrow $80 million to help cover its end of the development deal with Library and Archives Canada, a new report says.
The completion year is 2024, which adds an additional year to the last estimated timeline.
The city on Tuesday revealed its financing plan for a joint municipal flagship library and Library and Archives building. Construction costs have gone up by $6.8 million since the last high-level estimate. The city says it has refined the costs and also taken into account construction inflation since the last estimate.
Selling the current main library building will help the city afford a new library.
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See Also: Cost of New Library Jumps to $174.8 Million (via CTV)
About Gary Price
Gary Price (email@example.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.