Current:Home > ContactA new Statehouse and related projects will cost about $400 million -MoneyTrend
A new Statehouse and related projects will cost about $400 million
View
Date:2025-04-16 14:42:33
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! (45)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- NASA decides to keep 2 astronauts in space until February, nixes return on troubled Boeing capsule
- Taylor Swift and Travis Kelce Reunite in Rhode Island During Eras Tour Break
- Scott Servais' firing shows how desperate the Seattle Mariners are for a turnaround
- Buckingham Palace staff under investigation for 'bar brawl'
- Horoscopes Today, August 23, 2024
- Channing Tatum Couldn’t Leave the Bathroom for 12 Hours After TMI Pool Incident in Mexico
- Search persists for woman swept away by flash flooding in the Grand Canyon
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Human remains found in Washington national forest believed to be missing 2013 hiker
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Judge reduces charges against former cops in Louisville raid that killed Breonna Taylor
- NFL suspends Rams' Alaric Jackson, Cardinals' Zay Jones for violating conduct policy
- Hailey Bieber and Justin Bieber Reveal Name of First Baby
- The Best Stocking Stuffers Under $25
- Unusually early cold storm could dust California’s Sierra Nevada peaks with rare August snow
- You Won’t Believe These Designer Michael Kors Bags Are on Sale Starting at $29 and Under $100
- The Climate Movement Rushes to Embrace Kamala Harris
Recommendation
Questlove charts 50 years of SNL musical hits (and misses)
Ohtani hits grand slam in 9th inning, becomes fastest player in MLB history to join 40-40 club
Subway slashes footlong prices for 2 weeks; some subs will be nearly $7 cheaper
Polaris Dawn mission: Launch of commercial crew delayed 24 hours, SpaceX says
US appeals court rejects Nasdaq’s diversity rules for company boards
NASA astronauts who will spend extra months at the space station are veteran Navy pilots
NASCAR Daytona live updates: Highlights, results from Saturday night's Cup race
Human remains found in Washington national forest believed to be missing 2013 hiker