The construction budget for the planned Terre Haute Convention Center is on track, according to city officials. The Vigo County Capital Improvement Board has passed a resolution to approve the guaranteed maximum price of the project at nearly $25 million.
The project is planned at the intersection of 8th Street and Wabash and will be able to accommodate 1000 people for events. Details include an outdoor walkway and sitting area to create greenspace downtown, a two-story Larry Bird museum and a 460-space parking structure.
“It’s obviously good news for Vigo County and the CIB that we were able to stay within the construction budget for a project of this size,” states Steve Bauer, vice president of construction services at Nations Group, serving as project manager. “There are so many moving pieces and extensive work to pull together all elements – property acquisitions, estimates, partners, community leaders – everyone has to be moving in the same direction to accomplish a project of this importance and magnitude. Being able to do all of that within the original scope and budget is a win for Vigo County.”
The Vigo County Council earlier announced a tax plan to fund the project. A groundbreaking is scheduled for Friday, September 6 at 8th Street and Wabash.