The 2.3-million-sf center now rising from a huge pit at Seventhand M streets NW won approval after fierce debate over its cost andits viability to replace the smaller convention center on theopposite side of Mount Vernon Square. The District of Columbia willfinance the project through the issuance of bonds.
Officials with the convention center said it would cost $708million before work started in 1998. Now officials say it willprobably cost $756.8 million.Project officials say cost overrunsare typical in large projects such as in Philadelphia andDetroit.
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