In May, voters approved a bond election to help pay for a new high school stadium in McKinney at the price of $63.5 million.Let me repeat that for the hearing-impaired: 70 million dollars for a high school football stadium.
Three months later, the district says the price has gone up to nearly $70 million. The district says the roughly nine-percent increase comes from more expensive concrete and labor than builders planned for.
Funded by private donations and rich alumni? Nope:
The bulk of the funding for the project comes from a $220 million bond package that voters approved earlier this year.Via American School and University, which adds -
When the McKinney stadium was being called the most expensive ever, officials pointed to other districts in football-mad Texas that were building comparable athletic facilities. The price attached to those projects did not include infrastructure costs, McKinney officials asserted, and if they were included, the projects would be more costly.Why? Because Texas.
A stadium being built in the Katy (Texas) district is estimated to cost $62.5 million, and a stadium in the Allen (Texas) district cost about $60 million.