How much did the first phase of the Renaissance Center in Detroit cost to build?
The Renaissance Center in downtown Detroit is a riverfront complex of towers designed by John Portman, whose first phase of five buildings around a 73-storey hotel was financed mainly by Ford Motor Company and Detroit Renaissance, begun in 1973, opened from 1 July 1976 and completed with the hotel tower in 1977 using 7,000 construction workers. The Detroit Historical Society and Historic Detroit give a cost of USD 350 million, Wikipedia says USD 337 million for phase one, while the USD 500 million anticipated in 1971 and the USD 500 million General Motors renovation of 2003 are different figures.
Reported project cost
$350 million
Cost basis: 1977
Cost evidence
Basis of the published figure
Project record