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Cost of new Vancouver Art Gallery spikes from $400M to $600M, forcing redesign

  • The Vancouver Art Gallery's new construction cost has increased from $400 million to $600 million, necessitating a redesign.
  • Construction costs in Canada have risen by up to 60% between 2020 and 2024, influencing this increase.
  • The gallery plans to revise the project timeline and design while seeking opportunities for a cultural hub.
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13 Articles

CTV NewsCTV News
+6 Reposted by 6 other sources
Center

Cost of new Vancouver Art Gallery spikes from $400M to $600M, forcing redesign

The Vancouver Art Gallery says the construction cost of its planned new home has jumped from an original estimate of $400 million to $600 million, forcing a redesign.

·Canada
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Smithers Interior NewsSmithers Interior News
+2 Reposted by 2 other sources
Lean Left

$200M cost spike forces redesign of new Vancouver Art Gallery

Project has completed its first stage of pre-construction, which began in March

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Lake Cowichan GazetteLake Cowichan Gazette
Lean Left

200M cost spike forces redesign of new Vancouver Art Gallery

Project has completed its first stage of pre-construction, which began in March

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Winnipeg Free PressWinnipeg Free Press
Center

Cost of new Vancouver Art Gallery spikes from $400m to $600m, forcing redesign

VANCOUVER – The Vancouver Art Gallery says the construction cost of its planned new home has jumped from an original estimate of $400 million to $600 million, forcing a redesign. […]

·Winnipeg, Canada
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Global NewsGlobal News
Lean Left

Cost of new Vancouver Art Gallery surges to $600M in latest megaproject sticker shock - BC

The skyrocketing costs, which the gallery said are being felt by builders across Canada, could also result in a delayed or scaled-down project.

·Toronto, Canada
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Bias Distribution

  • 83% of the sources lean Left
83% Left

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Global News broke the news in Toronto, Canada on Thursday, August 29, 2024.
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