Almost exactly one year after announcing an expansion plan for its HQ in The Triangle, the West Seattle YMCA (WSB sponsor) has a major update today: Construction costs have gone up, so the plan’s size has to go down. From the announcement:
…With rising construction costs and after careful consideration of fundraising efforts thus far, the original design will be modified with a focus on delivering the expanded Y in 2016.
Factors impacting the revised scope include:
• A booming Seattle construction market that has boosted the original project design cost to an estimated $12 million (including underground parking).
• $3.5 million has been raised to date from 240 generous local donors, putting the West Seattle YMCA on track to raise $4 million. The YMCA of Greater Seattle is matching this amount dollar for dollar, currently allowing for a project that costs approximately $8 million.
• Even with our continued plans to raise funds for the expanding West Seattle YMCA, board and staff leadership does not see a timely pathway to $12 million in funding.
Leadership staff and volunteers are working closely with donors and the project team to provide alternate plans that better fit the YMCA’s financial capacity. “We’re working with the project architect, Miller Hayashi, to keep focused on community need as we revise our expansion plans.” said Dave Kehle, Chair of the Building Committee.
Key components of the revised project will include:
• Expanded Fitness Space
• Family Programs Wing
• Family Changing Rooms
• Community Meeting Room with Healthy Eating Kitchen
The community will have an opportunity to view these plans at meetings in October. Dates for the meetings and updated information will be shared on OurNewY.org.
Fundraising continues in earnest with every dollar making a difference. New donors pledging $1,500 or more can double their impact by having their gift matched dollar for dollar by the Nucor-Pigott Community Challenge. …
The West Seattle YMCA will serve thousands more people annually with the expanded facility. The building will remain open during construction, with improvements happening in phases and completion expected in 2016.
Read the full announcement here. Full details of the revised plan haven’t been worked out yet, so there are no specific drawings or details yet.