Munich concert hall seeks private donors
NewsThe state of Bavaria is having cold feet about the mounting cost of Munich’s projected concert hall.
For the first time in any German public project it is actively seeking sponsors – private and commercial – to cover 20 percent of the costs, presently estimated at 700 million Euros and rising, five times the original budget, double the estimated cost of the present design.
More here.
Actually, there is a precedent in Munich: August Everding sought private donors for the renovation of the Prinzregententheater in the mid-1980s. Very successfully, I might add. But at that time the sums sought were much more modest.
To be fair, when this design was chosen four years ago the projected cost was €300 million.
But it is ironic to solicit private funds in this case given that the blighted site is privately owned and when selected offered the benefit of boosting local property values, unlike much better sites in the city center.
It sounds like everyone involved intentionally underestimated the cost, and hoped that once the design was approved and everyone fell in love with it, the government would pay the true cost. I mean, how else does it go from 300 million euros to 700 million in four years?
20 schekels from me.
Another XXI Century pyramid. What’s going to be buried there?
My biggest dream is that the hall’s name would be “The Mariss Jansons hall” because Mariss was certainly a “father” and primus motor of that new hall
So if someone donates the requested sum, will he or she be able to change that ugly design to something more appealing? The photo makes it look like a bread box intended for a pharaoh’s tomb.
This certainly lowers the gap between European and American funding methods. A CRIMINAL investigation as to the runaway costs should also be instituted.
It is just as uggly and has the same type of ugglines as what we have here in Paris, rue de Sèvres.
Look at the beeeaaaaaaaatiful “Banque Postale” built next to a XVIII° century Hôtel de Choiseul -Praslin, dated 1722.
The Munich “architect” has “found ” inspiration there…
https://www.linkfinance.fr/photo.php?id=254
Some countries sould reintroduce death penalty for such so-called ” architects” !
😉