Board balks at $20 million cost hike for Towson University arena
State fiscal leaders balked Wednesday at the price tag for a new arena at Towson University, after a design change intended to quell community opposition increased the expected cost by more than two thirds.
The Board of Public Works approved a contract that devotes $50,000 to construction management of the facility, but appear likely to be back with more questions when a larger construction contract comes before the board, made up of the governor, comptroller and treasure. The total cost of the new arena is expected to increase from about $41 million to about $62 million.
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