Replacement of University of Iowa’s fine arts campus to cost over $400 million

The replacement cost for the University of Iowa’s fine arts campus, which was devastated by a 2008 flood, will be $404.9 million, according to the Iowa Board of Regents. Total flood damage from the flood is expected to top $1 billion at the Iowa City campus.

The fine arts campus requires a new auditorium, art building, and music facility. Nearly $267 million of Federal Emergency Management Agency funding should cover about 65% of the replacement costs for the three fine arts buildings. The projects will also be paid for with flood insurance proceeds, revenue bond proceeds, university gifts and earnings, and university building renewal funds.

The new multi-use auditorium will seat 1,800 people, about 700 fewer than the existing facility. It will be sited 2 feet above the 500-year flood plain, and will be further protected from flooding by a new system of roads. The lobby will feature a floor-to-ceiling view of the Iowa River and the campus.
(http://www.indystar.com/article/D2/20120316/NEWS02/303160036/University-Iowa-arts-facilities-expected-cost-405-million?odyssey=nav|head)

More from Author

Drew Ballensky | Jan 14, 2014

D.C. Navy Yard building, site of mass shooting, will be renovated

A remembrance area and a new visitor's entrance will be among the changes when the Navy rebuilds Building 197 of the Washington Navy Yard, where a gunman killed 12 people and then was killed in a shooting spree in September 2013.

Drew Ballensky | Jan 6, 2014

Energy-efficiency retrofits can help reduce healthcare costs

Reducing energy consumption through energy-efficiency retrofits represents an underappreciated way to cut healthcare costs, according to the Rocky Mountain Institute.

Drew Ballensky | Jan 2, 2014

West Hollywood drug den to be remade into boutique hotel

San Vicente Inn, a cluster of century-old historic bungalows, known as a haven for nudists and drug users, in West Hollywood, Calif., will be converted into a boutique hotel.

Drew Ballensky | Dec 27, 2013

U.S. Capitol dome’s cracks to be repaired during $60 million renovation

Rings of scaffolding will start to rise this spring around the cast-iron dome of the U.S. Capitol in Washington as part of a $60 million renovation project to repair more than 1,300 cracks.

Drew Ballensky | Dec 16, 2013

Major renovation for historic Northwestern Building in Minneapolis

Minneapolis’s Northwestern Building, originally built in 1914 as a glass factory, is undergoing a major renovation. The 85,000-sf, four-story building is now serves as office space for multiple tenants in Minneapolis’ North Loop neighborhood.

Drew Ballensky | Dec 9, 2013

Bethlehem, Pa., receives preservation award for Bethlehem Steel building renovation

Bethlehem, Pa., is a recipient of a 2013 award by Preservation Pennsylvania for a renovation of the oldest building on the former Bethlehem Steel Corp. site.

Drew Ballensky | Dec 2, 2013

Army Corps of Engineers workers displaced during renovation of federal building in Huntington, W. Va.

A $47.6 million overhaul of the Huntington Federal Building in Huntington, West Virginia, includes altered traffic lanes on adjoining streets and the displacement of some of the more than 500 U.S. Army Corps of Engineers employees who work in the building.

Drew Ballensky | Nov 25, 2013

Plans for massive redevelopment of Ft. Monmouth in New Jersey likely to be revised

The redevelopment of Fort Monmouth, a former New Jersey army base, is likely to be revised on a building-by-building and parcel-by-parcel basis, officials say.

Drew Ballensky | Nov 18, 2013

Office design trends spurring office building renovations in Grand Rapids, Michigan

Key office design trends such as downsizing of overall space, more open floor plans, and the inclusion of more collaborative workspaces are prompting property owners in Grand Rapids, Mich., to renovate thousands of square feet of office space.