The proposed cost of Vancouver’s new art gallery is complete fiction
In 2014, Herzog & de Meuron won the bid to build a new Vancouver Art Gallery – the company’s first Canadian project. Their proposed design is spectacular, to be sure, with copper cladding, an Indigenous motif throughout, and a massive amount of timber being used to reduce the building’s carbon footprint. Cough, cough.
That is, if all goes according to plan. But as we have seen with the Berlin project, it doesn’t always work out this way. The same year, the famed architectural firm was asked to take a reduced fee to continue work on the Tate Modern Switch House, as its costs ballooned from $356-million in 2012, to $431-million four years later when it was finally finished.It is no secret that construction costs in Canada and around the world have exploded. All the factors for this price escalation are well known: the pandemic , inflation, interest rates, and fuel-cost increases linked to the war in Ukraine.
Rob Wilson, a director at BTY, a construction cost consulting company, told me that hard construction fees have increased 20 to 25 per cent in Greater Vancouver in the past couple of years.
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