Current:Home > MarketsA new Statehouse and related projects will cost about $400 million -Trailblazer Capital Learning
A new Statehouse and related projects will cost about $400 million
View
Date:2025-04-13 03:42:40
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! (4)
Related
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Plans for a memorial to Queen Elizabeth II to be unveiled in 2026 to mark her 100th birthday
- Biden heads to Philadelphia for a Labor Day parade and is expected to speak about unions’ importance
- West Indian American Day Parade steps off with steel bands, colorful costumes, stilt walkers
- What do we know about the mysterious drones reported flying over New Jersey?
- Ukraine's troops show CBS News how controversial U.S. cluster munitions help them hold Russia at bay
- Georgia father to be charged with murder after body of 2-year-old found in trash
- Charting all the games in 2023: NFL schedule spreads to record 350 hours of TV
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Robots are pouring drinks in Vegas. As AI grows, the city's workers brace for change
Ranking
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Thousands still stuck in the muck at Burning Man festival; 1 death reported: Live updates
- Smash Mouth Singer Steve Harwell Dead at 56
- Lab-grown palm oil could offer environmentally-friendly alternative
- Trump issues order to ban transgender troops from serving openly in the military
- Selena Gomez, Prince Harry part of star-studded crowd that sees Messi, Miami defeat LAFC
- A poet of paradise: Tributes pour in following the death of Jimmy Buffett
- Northwestern AD Derrick Gragg lauds football team's 'resilience' in wake of hazing scandal
Recommendation
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Grand Slam tournaments are getting hotter. US Open players and fans may feel that this week
Southeast Asian leaders are besieged by thorny issues as they hold an ASEAN summit without Biden
American citizens former Gov. Bill Richardson helped free from abroad
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
‘Like a Russian roulette’: US military firefighters grapple with unknowns of PFAS exposure
Metallica postpones Arizona concert after James Hetfield tests positive for COVID-19
Biden heads to Philadelphia for a Labor Day parade and is expected to speak about unions’ importance