CHAMPAIGN — The price tag for a new track and soccer complex at the University of Illinois has jumped by 50 percent, to more than $20 million.
UI officials say competition for Champaign-Urbana construction companies and rising prices for steel and aluminum are two factors in the cost increase for the Demirjian Park Project along St. Mary's Road in Champaign.
But they also blame inaccurate cost estimates by a consultant when the original design was approved in 2018.
The UI announced the project in late 2017 with news of a $7 million gift for the complex from the Demirjian family of Decatur.