Local News

Unexpected Costs Continue To Pop Up For New Raleigh Convention Center

Posted August 3, 2005 8:00 a.m. EDT

— The cost of Raleigh's new convention center may be going up.

The project is budgeted at $192 million, which includes $13 million for unexpected expenses. With just 10 percent of the project finished, almost all of the $13 million is designated.

The latest unexpected expense to pop up is an additional $1.3 million for asbestos cleanup at the old convention center.

Leaders say they have other options for financing. None of them involve a tax increase.