“In some ways it is bigger than a new building opening because it’s sort of an old friend and you’re meeting again, going to a class reunion,” said Senior Vice President for Finance, Doug True. “And it is a stunning building. A lot of us have forgotten what a great building it is.”
The repair cost of Art West came to $14.2 million, just short of the $14.8 million estimate. Part of that cost includes an “invisible” flood wall – an emergency flood barrier that can be constructed in a short amount of time.
The University of Iowa estimates that the total cost of the 2008 flood, including damage, mitigation, and recovery could total to almost $1 billion.
For more information, read the full article at The Gazette.