Cost increase expected for new YSU biz school


September 18, 2007 at 7:07p.m.

Cost increase expected for new YSU biz school

YOUNGSTOWN — The cost of the new Williamson College of Business Administration at Youngstown State University is going up.

The project, originally estimated at $30 million, now stands at $34.3 million, according to John Hyden, executive director of facilities for the university.

Hyden revealed the new cost while updating the YSU Board of Trustee’s Finance and Facilities Committee on the project’s status today.

He said the revised construction cost is based on three specific factors: A decision to design a 105,900-square foot building, a decision to use upgraded building finish materials and a plan to make the structure more energy efficient and environmental-friendly than found in traditional construction.

The bottom line is that the price tag will increase by $4.3 million, Hyden told the committee.

For the complete story, see Wednesday’s Vindicator and Vindy.com.