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Tuesday, January 13, 2009

California Budget Crisis forces UCI to Halt Construction

by Calculated Risk on 1/13/2009 06:29:00 PM

From the OC Register: Budget crisis forces UCI to stop work on 2 new buildings

The university stopped building the 64,000 square foot Arts Building on Monday night. The $42 million building is 36 percent completed. And the campus only has enough money to keep constructing the new Telemedicine/Medical Education Building through the end of January. The $40.5 million, 67,000 square foot building is 40 percent complete.
Cal State Long Beach ... recently had to suspend construction of its new $105 million Hall of Science due to the budget crisis.
Usually public construction projects are very secure - this shows the severity of the budget crisis in California.