Cologne spends more on refurb than Hamburg on the Elbphilharmoniemain
The calamitous refurbishment of Cologne’s opera house has just gone literally through the roof.
A recalculation of the cost of restoring the building, opened in 1957, has blown into a final bull of 841 million Euros, including interest on loan repayments up to the year 2063. This project will cost more, and take almost as long to achieve, as Cologne’s famed cathedral.
Hamburg’s Elbphilharmonie, by comparison, cost 789 million Euros, which was only seven times over budget.