The $124 million spent to date for the 303,000 square foot office building is $409 per square foot, more than Trump World Tower, which cost $334 per square foot or Las Vegas’ Bellagio Hotel and Casino, priced at $330 per square foot.It’s also double the $227.64 per square foot construction costs for
“Class 1 – Best Quality” of masonry or concrete government buildings as reported in the 2018 National Building Cost Manual, the Bible for construction cost projections.
An Exclusive Peek Into Elizabeth Warren’s Luxurious CFPB Headquarters
by Richard Pollock 2-7-18
Taxpayers no longer have to wonder how their money has been spent at
the newly renovated headquarters at the Consumer Financial Protection
Bureau.
Mick Mulvaney, the CFPB’s acting director, graciously allowed The Daily Caller News Foundation to take an exclusive tour on Feb. 1 of the federal office — founded by Democratic Sen. Elizabeth Warren of Massachusetts — that has been widely criticized for cost overruns and extravagance.
A June 2014 Inspector General report concluded there was “no sound basis” for the agency’s renovation cost estimates. Shortly thereafter, the contracting for the building was transferred from the bureau to the General Services Administration, that oversaw the current renovation.
Martin Michalosky, the bureau’s chief administrative officer, escorted The DCNF on the tour. He was helpful and courteous as this DCNF reporter walked through the six stories of the building that sits across the street from the White House.
-go to links-
Mick Mulvaney, the CFPB’s acting director, graciously allowed The Daily Caller News Foundation to take an exclusive tour on Feb. 1 of the federal office — founded by Democratic Sen. Elizabeth Warren of Massachusetts — that has been widely criticized for cost overruns and extravagance.
A June 2014 Inspector General report concluded there was “no sound basis” for the agency’s renovation cost estimates. Shortly thereafter, the contracting for the building was transferred from the bureau to the General Services Administration, that oversaw the current renovation.
Martin Michalosky, the bureau’s chief administrative officer, escorted The DCNF on the tour. He was helpful and courteous as this DCNF reporter walked through the six stories of the building that sits across the street from the White House.
-go to links-
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