Quote:
Originally Posted by bnk
Can someone explain how the tiny addition to the Sears tower costs $500,000,000? That's insane. More than the cost of the entire building back in the day.
I know it was back in the 70's but the Sears tower was built for $150 million.
No way inflation went up that much.
500 million for that? For a food court.
https://chicago.curbed.com/2018/9/13...all-renderings |
You don't think inflation "went up" that much from 1973? LOL $150M in 1973 is not too far from $900M today. Also, the original permit for what they've done is $200M. That is a lot of money completely but also the scope of what they're building is 300,000 square feet of new structure. That's not huge, but not small either. I don't know why it costs so much, but I don't think the project is as small as it appears.