Government officials say that the cost of Boston's yet to be completed $14.6 billion dollar megaproject could increase by as much as $75 million dollars, an increase that would be absorbed by Massachusetts taxpayers.
"The US Department of Transportation's inspector general has drafted an internal memo that says the Big Dig's cost may rise by tens of millions of dollars, according to state, industry, and federal officials.
US Representative Michael E. Capuano, a Somerville Democrat who spoke to federal officials about the memo's contents Thursday, said no one should be surprised that the cost may rise, given its history.
"We're being told the concern is less than $100 million," he said. "That's a lot of money, but in the scheme of things, it's not huge in relation to a $14 billion project."
Thanks to Mike Lydon
Read the full story: Big Dig costs may rise by millions
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‘Going backwards:’ Baltimore mayor, students rally against state's transit funding plan
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Detroit to transform waterfront with $2.2 billion investment
Developers will convert about 18 acres of unused parking lot space into civic spaces.
Data center developers are using lawsuits, cash offers to ‘overwhelm’ rural America
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U.S.-Iran war may have ‘devastating’ impact on cost to warm homes
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Senate bill would ‘overhaul’ environmental permitting laws
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FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
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