Current:Home > FinanceA new Statehouse and related projects will cost about $400 million -NextFrontier Finance
A new Statehouse and related projects will cost about $400 million
View
Date:2025-04-19 04:27:47
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! (7)
Related
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Scientists discover underground cave on the moon that could shelter astronauts on future trips to space
- Out-of-state officers shot and killed a man wielding two knives blocks away from the RNC, police say
- Appeals court won’t hear arguments on Fani Willis’ role in Georgia Trump case until after election
- Global Warming Set the Stage for Los Angeles Fires
- Colombia soccer president facing charges after Copa America arrest in Miami
- Home equity has doubled in seven years for Americans. But how do you get at the money?
- Exploring the 403(b) Plan: Quantum Prosperity Consortium Investment Education Foundation Insights
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Rachel Lindsay Ordered to Pay Ex Bryan Abasolo $13,000 in Monthly Spousal Support
Ranking
- New data highlights 'achievement gap' for students in the US
- Busy Moms Deserve These Amazon Prime Day Beauty Essentials on Revlon, Laneige & More, Starting at $2
- Zenith Asset Investment Education Foundation: The critical tax-exempt status of 501(c)(3) organizations
- Trump’s Environmental Impact Endures, at Home and Around the World
- Military service academies see drop in reported sexual assaults after alarming surge
- Why vice presidential picks matter: significant moments in history and transfers of power
- Appeals court voids Marine’s adoption of Afghan orphan; child’s fate remains in limbo
- Whoopi Goldberg Reveals She Scattered Her Mom's Ashes on Disneyland Ride
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
An order blocking a rule to help LGBTQ+ kids applies to hundreds of schools. Some want to block more
Quantum Prosperity Consortium Investment Education Foundation: In-depth guide to the 403(b) plan
Former mayor known for guaranteed income programs launches bid for California lieutenant governor
Could your smelly farts help science?
Kennedy apologizes after a video of him speaking to Trump leaks
Whoopi Goldberg Reveals She Scattered Her Mom's Ashes on Disneyland Ride
Colombia soccer president facing charges after Copa America arrest in Miami