Tag Archive: Homeless shelter cost city more than $12-million for 40 beds

Homeless shelter cost city more than $12-million for 40 beds

  Homeless shelter cost city more than $12-million for 40 beds downtown homeless shelter that skyrocketed in price part-way through construction ended up costing the city more than $12-million. The Peter Street facility, built on the footprint of a former dance club in the middle of the entertainment district, was originally budgeted for $5.5-million in 2007. It ran up against a whole host of issues, starting with a building purchase price of $4.7-million. A battery of contract changes, drainage repairs, roof modifications and the addition of an elevator drove the cost up to $11.5-million in 2010. The final tally, contained… View Article