I remember a number of years back observing a question turning into an argument as the one asking the question did not like the answer. A bookkeeper whose knowlege of electrical wiring started and ended where the plug connected to the outlet believed she knew more than a licensed electrician with more than 20 years experience. I will say that I did admire his restraint.
To the boneyarder who claimed I must be stupid: I've been a professional for forty years and have specialized in commercial real estate and construction finance for for the past 21 & 1/2 years. I must have been able to fool quite a few people to get to the position I hold.
One major part of my job is to bring reality into proposals that claim something can be done for whatever cost. Those pitching the projects are often throwing out cost scenarios that they know cannot be met as their goal is to get approval. If the job comes in over budget, well oops. I on the other hand would have my head on the chopping block if when the final cost numbers come in.
As far as the SD St stadium, I did a bit of digging and found a few things:
1 - The initial proposal was $250 million. While $64 million may not appear to be a lot in the scheme oif things, a 24% increase in cost from initial proposal (which likely matched the budget) is quite significant.
2 - That stadium was built with structural Steel (basically a high end tin can), the Rent was entirely concrete. If necessary I will address the considerable advantages of the latter but I will state that the cost of a tin can vs a concrete slab is considerable (I ask anyone to guess why someone would use the more expensive alternative).
3 - The job was contracted in 2019 and construction began in 2020. I would like to see what costs of material are today vs then.
As far as the new Aloha Stadium: The $350 million is the current proposal (which has been approved as a total budget number) but there are already articles stating that more money will be needed to complete the venue. This is not surprising as few major construction projects come in on budget, the key is keeping the over budget amounts at manageable levels. Additionally, this is stated to be a structural steel building.
I'm done here.
San Diego State selected Clark Construction to design and build a 35,000 seat stadium as part of its Mission Valley expansion, according to a Feb. 28 announcement. The decision comes as the city of San Diego and SDSU prepare to enter into unprecedented negotiations regarding the sale of the...
thedailyaztec.com
This will be part of a 135-acre campus innovation district.
www.bdcnetwork.com
As San Diego State opened the doors on its brand-new football stadium, a big heatwave and poor design caused multiple fans to fall ill.
www.outkick.com
47 years later, the Aloha Stadium will soon start closing activities.
www.khon2.com