From The Des Moines Register: The Iowa Board of Regents has approved more than $404 million worth of new construction for the University of Iowa’s fine arts campus. The regents also approved schematic designs for a new Hancher Auditorium, Art Building and School of Music replacement. Funding from the Federal Emergency Management Agency will cover about 65 percent of the replacement costs.
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From The Iowa City Press-Citizen: The cost of replacing the University of Iowa’s fine arts campus, which was devastated by a flood in 2008, is pegged at $404.9 million, according to the Iowa Board of Regents. The price tag for a new Hancher Auditorium, art building and music facility is about 5 percent higher than the preliminary estimate of $386 million. The total damage to the U of I campus from the 2008 flood is expected to top $1 billion.
