IMO this has nothing to do with cost escalation. This was a terribly low budget from the start that everyone knew was not accurate. It was so low it was laughable. Before the project was even announced, most of the people I spoke with about the possibility of redeveloping The Bay thought a $300-$400m budget was what it would take.
I am not really sure where they turn to make up that massive amount.
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"But a city can be smothered by too much reverence for its past. The skyline must keep acquiring new peaks, because the day we consider it complete and untouchable is the day the city begins to die." - Justin Davidson - May 2010 Issue of New York
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