Cost of Port of Los Angeles' terminal redevelopment project skyrockets to $510M

The cost of upgrading a 173-acre portion of the Port of Los Angeles has surged from an estimated $245 million to $510 million due to construction complications and key design adjustments that were not approved by the city's officials, a report has found. "Mistakes were made at the highest levels ... [on] a project that had questionable price controls," said Councilman Joe Buscaino. "This cannot happen again." The original scope of the project called for increasing the size of the terminal, constructing new structures and redeveloping the wharves.

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