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By jason (registered) | Posted April 05, 2010 at 15:31:56
I'm planning a blog entry on this topic, but I think some heads need to roll for the utter lack of budget projections on this project. To the average person, the 2 most visible and notable heritage features of this building were it's exterior marble and stainless steel trimwork. It looks like a kids toy now with the ugly concrete and wilting aluminum trim.
The cost for both the steel trim and limestone was pegged at around $3.5 million. We are now being told that the project is $4 million under budget.
In other words, we butchered the project because someone didn't do their job properly (unless the numbers were intentionally crunched in this manner, but I'll leave that alone for now).
There was NO reason to eliminate the limestone and stainless steel option. In fact, had we made those choices we'd still be half a million under budget.
Every major project has someone in charge and I'd like to know where the buck stops with this fiasco. We hear it all the time in this city - if a business operated like this, they'd be out of business. Do you think homebuilders sell homes to the public and then after it's built say "wow, look at that. It cost us 10% less than we had projected." Highly unlikely.
This thing is a complete joke no matter which angle you take - sadly, that includes the building itself.
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