Savannah, Ga., Arena Advances as City Caps Building Price at $148M

Savannah, Ga., city officials have capped construction costs on a new city arena at $147.6 million, clearing the way to move forward with issuing more construction contracts. News outlets report the Savannah City Council approved the price cap on Aug. 13 by a 7-2 vote. The cap doesn't include a projected $17.4 million in other costs, such as furnishing, inspecting and insuring the arena....

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