Thursday, January 17, 2013

Arena construction monitor back with regular reports, says arena is on schedule

The Barclays Center is still on schedule, says Merritt & Harris, construction consultant for the Barclays Center arena bond trustee, which is back to a more regular timetable after skipping two reports in the fall.

The most intriguing element of the Arena Site Observation Report released yesterday, dated 1/16/13 and based on a visit on 11/29/12, was the delayed inclusion of documents regarding belatedly-revealed problems with the arena facade and bolts. (See separate post.)

Nearing completion

The arena is on schedule for final completion of 2/28/13, according to the report, with 102 workers doing punch list work on non-event days.

As of 11/30/12, 97.1% of the budget ($510.7 million) for the arena design/build contract had been spent. Similarly, 97.1% of the budget ($57.9 million) for the transit connection had been spent.

By contrast, only 86.4% of the $3.7 million budget for site work had been spent.

Arena construction progress chart: January 2013 report
(compare with previous charts, based on different elapsed time)

Transit connection construction progress chart: January 2013 report
(compare with previous charts, based on different elapsed time)


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