The Bristol Beacon's final cost upon its completion in November 2023 was £131.9 million.
Understanding the Project Costs
The extensive renovation project for the Bristol Beacon, formerly known as Colston Hall, experienced a significant increase in its projected costs from its initial estimates to its final completion. The project was completed in November 2023, marking the end of a long redevelopment journey.
Cost Breakdown
Here's a comparison detailing the journey of the project's costs:
| Cost Type | Amount | Details |
|---|---|---|
| Initial Projection | £48.8 million | The original estimated cost when the project was first conceived. |
| Final Completion | £131.9 million | The total expenditure upon the project's completion in November 2023. |
This substantial rise reflects the scope and scale of the major redevelopment, leading to the transformation of the historic venue.
