This story was first published in the Daily Post on Friday, Oct. 22. To get all of the local news first, pick up the Daily Post in the mornings at 1,000 Mid-Peninsula locations.
Word Count: 358
BY BRADEN CARTWRIGHT
Daily Post Staff Writer
The price of a new homeless shelter in Palo Alto is going up before construction starts.
LifeMoves, the nonprofit selected by the city to run the shelter, has bumped its cost estimate to build 88 rooms up by 48%, from $17.6 million to $26 million.
The original estimate calculated …
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You can count on plenty more “ooops” moments like this before this boondogle is through.
$26M for 88 units is $300K each. Sure, that’s cheaper than a “real” housing unit, but for a portable seems like some is going to making some big bucks!