Real Assets

The Cost Of The Massive Sydney Steel Sculpture Dubbed 'the Big Tapeworm' Has Exploded To $22 Million, Bringing The Project To A Halt

by posted 1year ago 143 views
It was first touted four years ago as a tourism attraction to rival Chicago’s Cloud Gate and St Louis’ Gateway Arch, but the City of Sydney's plan to build a 58-metre high, ribbon-like steel sculpture by Japanese artist Junya Ishigami is in serious doubt as the cost doubled yet again to around six times the original cost due to problems with George Street light rail project. More »

In this article