Among the many concerns being raised about Frank Gehry’s proposal for the Eisenhower Memorial is its price tag, currently estimated at $142 million. That’s not the most costly memorial ever built in Washington, D.C., but it may be the most expensive memorial per acre. The proposed memorial would be 4 acres in size, so that’s approximately $35.5 million per acre. Here’s a quick rundown of what it cost to build some of Washington’s most famous memorials. Cost per acre is only computed for memorials that are landscapes.
Martin Luther King Jr. Memorial (2011): $120 million; approximate cost in 2012 dollars: $122.6 million; area: 4 acres; 2012 cost per acre: $30.65 million.
National World War II Memorial (2004): $182 million; approximate cost in 2012 dollars: $221.4 million; area: 7.4 acres; 2012 cost per acre: $29.9 million.
Korean War Veterans Memorial (1995): $16.5 million; approximate cost in 2012 dollars: $24.9 million; area: 2.2 acres; 2012 cost per acre: $11.3 million.
Franklin Delano Roosevelt National Memorial (1997): $52 million; approximate cost in 2012 dollars: $74.5 million; area: 7.5 acres; 2012 cost per acre: $9.9 million.
Vietnam Veterans Memorial (1982): $8.4 Million; approximate cost in 2012 dollars: $19.5 million; area: 3 acres; 2012 cost per acre: $6.5 million.
Thomas Jefferson Memorial (1943): $3 million; approximate cost in 2012 dollars: $39.9 million.
Lincoln Memorial (1922): $2,957,000; approximate cost in 2012 dollars: $40.5 million.
Washington Monument (1884): $1,187,710; approximate cost in 2012 dollars: $28.4 million.
*Cost in 2012 dollars for all memorials constructed after 1913 is estimated using a Consumer Price Index Inflation Calculator hosted by the Bureau of Labor Statistics and the date of completion. Cost of the Washington Monument in 2012 dollars is estimated using The Inflation Calculator. These numbers are not an estimate of what it would actually cost to build the memorials today.
[…] Such tactics are holding progress on the memorial hostage to one design that is too controversial to build, let alone represent this president’s legacy. Eisenhower fought and governed through consensus-building, not controversy, which is partly why we see his personal achievements in national terms, from D-Day in Normandy to postwar peace and prosperity. Nor would a man who asked to be buried in a government-issue, $80 pine coffin likely welcome Gehry’s flamboyant and expensive vision, which features a gigantic metal screen and a statue of a young Eisenhower. Building it would cost nearly $150 million, as much in today’s dollars as the memorials to Washington, Lincoln and Jefferson combined. […]
[…] largest single piece of cast aluminum in the world. The final cost of the Washington Monument was $1.18 million in 1884 or nearly $30 million in 2019 […]
[…] largest single piece of cast aluminum in the world. The final cost of the Washington Monument was $1.18 million in 1884 or nearly $30 million in 2019 […]
[…] world. The final cost of the Washington Monument was $1.18 million in 1884 or nearly $30 million in 2019 […]