The Vancouver Art Gallery has announced it will no longer proceed with plans for its new home after construction costs surged to $600 million, a rise of $200 million from the original estimate. The gallery will also cease working with Swiss architects Herzog & de Meuron but remains committed to building a new cultural hub. Construction will be paused, and the gallery is reassessing its options.
The Vancouver Art Gallery says it is not going ahead with a planned design for its new home after construction costs soared by $200 million.
Construction at the site of the new building in downtown Vancouver will be paused, just a few months after the gallery announced that the estimated cost surged from the original budget of $400 million to $600 million for the nine-level tower. The new art gallery was to be opened in 2028, and fundraising efforts raised more than $350 million for the project by August.
Vancouver Art Gallery Construction Costs Herzog & De Meuron Cultural Hub Reassessment
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