Helsinki Hall May Cost 50% More Than Anticipated

Completion of a planned new concert hall in the Finnish capital of Helsinki will be delayed for at least six months after construction bids came in considerably higher than expected. “Currently, the estimated costs of the music complex are EUR 106 million. The quotation of Peab Seicon appears to imply that using a lump-sum contract, the house would cost up to one and a half times as much as estimated.”