Terre Haute projects changed to meet rising costs

March 28, 2008
Rising material costs have caused Thompson Thrift Construction Inc. to alter plans for a children's museum and hotel it is building in Terre Haute, reports The Tribune-Star. Costs for the children's museum, which is next to a Candlewood Suites that Thompson Thrift also is building, have gone over estimates by 12 percent.

The Terre Haute-based developer will make the museum four floors instead of six, but the square foot of museum space will actually increase due to a new layout. The top floor will be part of the Candlewood Suites.

The new four-story building design will save Thompson Thrift about $250,000 in building expenses for the museum and another $300,000 in costs related to the hotel.

Construction on the museum is expected to begin in the next two weeks.
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