Miami PAC Construction “Spiralling” Out Of Control?

Miami’s new Performing Arts Center is in trouble. The $255 million project is late and over-budget. “With construction costs threatening to spiral ‘out of control,’ the Performing Arts Center’s completion date has been pushed back about another six months to the summer of 2006. Change orders from the builders requesting more money are pouring into Miami-Dade County at the rate of $1 million a week. County officials fear cost overruns could reach close to $100 million.”