Current:Home > InvestA new Statehouse and related projects will cost about $400 million -AlphaFinance Experts
A new Statehouse and related projects will cost about $400 million
View
Date:2025-04-24 11:55:47
MONTGOMERY, Ala. (AP) — The construction of a new Alabama Statehouse, now underway in Montgomery, and related projects such as a parking deck and new green space will cost about $400 million, a price tag that matches initial projections, lawmakers were told Wednesday.
The Alabama Legislative Council, a 20-member panel comprised of legislative leaders and their appointees, approved the construction of the new Statehouse last year. The panel was given an update on the project on Wednesday..
Othni J. Lathram, director of the Legislative Services Agency, told lawmakers that construction of the new Statehouse building will cost about $300 million to $325 million. The related projects, which include a parking deck, a green space, a new voting system, the demolition of the old building and drainage improvements, will add another $75 million to $100 million to the project’s cost.
Lathram said the cost estimates are “on track” with initial projections.
“I think our goal was to have a $400 million total budget on the entire project and we’re still trending very much in that direction,” Lathram said.
Lathram said the goal is to have lawmakers in the new building for the 2027 organizational session.
The Retirement Systems of Alabama, which has built several office buildings in downtown Montgomery that other public entities use, oversees the design and construction. The new Statehouse will be sold or leased to the Alabama Legislature.
The new Statehouse is currently under construction behind the current building. The old building will be demolished and replaced with a park-like area. A parking deck will be built in a parking lot beside the current Statehouse.
Lawmakers once met at the Alabama State Capitol, which also houses the governor’s office. But they moved into the current building in 1985 when the Capitol underwent renovations. Legislators opted not to return to the Capitol when the renovations were complete.
veryGood! (83285)
Related
- Blake Lively’s Inner Circle Shares Rare Insight on Her Life as a Mom to 4 Kids
- Animal rescuers save more than 100 dolphins during mass stranding event around Cape Cod
- An Arizona museum tells the stories of ancient animals through their fossilized poop
- Pride parades in photos: See how Pride Month 2024 is celebrated worldwide
- NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
- From small clubs to BRIT Awards glory, RAYE shares her journey of resilience: When you believe in something, you have to go for it
- Are banks, post offices, UPS and FedEx open on July 4th? Here's what to know
- Family of 13-year-old killed in shooting by police in Utica, New York, demands accountability
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Aquarium Confirms Charlotte the Stingray, of Viral Pregnancy Fame, Is Dead
Ranking
- $1 Frostys: Wendy's celebrates end of summer with sweet deal
- Early 2024 Amazon Prime Day Fitness Deals: Save Big on Leggings, Sports Bras, Water Bottles & More
- Who was Nyah Mway? New York 13-year-old shot, killed after police said he had replica gun
- Child care in America is in crisis. Can we fix it? | The Excerpt
- Bodycam footage shows high
- Sydney McLaughlin-Levrone dominates 400 hurdles, sets world record again
- Pregnant Hailey Bieber Reveals Her Simple Hack for Staying Cool in the Summer
- Illegal crossings at U.S.-Mexico border fall to 3-year low, the lowest level under Biden
Recommendation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Whitney Port Reveals How She Changed Her Eating Habits After Weight Concerns
Klay Thompson is leaving the Warriors and will join the Mavericks, AP sources say
Meet the Americans competing at the 2024 Tour de France
Carolinas bracing for second landfall from Tropical Storm Debby: Live updates
Iran to hold presidential runoff election between reformist Pezeshkian and hard-liner Jalili
Which states could have abortion on the ballot in 2024?
Can you get the flu in the summer? Your guide to warm weather illnesses