The revised tab for adding a rooftop terrace and ballroom to Denver’s Colorado Convention Center has ballooned to $233 million. That amount is more than twice the original estimate of $104 million. Denver voters in November 2015 approved an increase in hotel fees and taxes on car rentals to pay for the proposed expansion, which will create a 50,000-sq-ft outdoor terrace and an 80,000-sq-ft ballroom, to be built above an existing parking garage. Officials cite the complexity of the project and rising area construction costs for the large increase in the project’s final tab.
New Estimate on Denver Job Doubles Costs, to $233 Million
June 7, 2017