Current:Home > MyTheodore Roosevelt presidential library taking shape in North Dakota Badlands -FinanceMind
Theodore Roosevelt presidential library taking shape in North Dakota Badlands
EchoSense Quantitative Think Tank Center View
Date:2025-04-08 21:22:15
BISMARCK, N.D. (AP) — Construction is underway for the Theodore Roosevelt presidential library planned in the Badlands of western North Dakota, where the 26th president hunted and ranched as a young man in the 1880s.
The work began June 15 with removing topsoil for the project’s cut-fill plan. Builders are beginning construction on the library’s east retaining wall, with an initial concrete pour completed Monday, library CEO Ed O’Keefe told The Associated Press on Tuesday.
“If you were to come out on site, you’re seeing a sequence that began with the topsoil, started with the east wing, moves to the west wing and then will move back to the east wing,” he said.
The project is on a 93-acre site near the venue of the popular Medora Musical and the scenic national park that bears Roosevelt’s name. The sale of 90 acres of U.S. Forest Service land for the project was completed last year, costing $81,000 and covered by the Roosevelt family. Congress approved the land sale in 2020.
Total construction will cost about $180 million. Construction will continue through the winter, barring severe weather. “We’re hardy and resilient,” O’Keefe quipped.
“The anticipated pride moment” will be the delivery of mass timber and steel in spring 2024, he said.
“By next summer you’re going to see a very substantial structure on site,” O’Keefe said.
Library organizers are planning a grand opening of the library for July 4, 2026, the 250th anniversary of America’s founding.
In 2019, North Dakota’s Republican-controlled Legislature approved a $50 million operations endowment for the library, contingent upon its organizers raising $100 million in private donations. They announced that goal being reached in fall 2020.
O’Keefe told the AP the project has “exceeded over $200 million in fundraising and commitments.” Fundraising “doesn’t really ever end,” he said.
The Legislature earlier this year approved a $70 million line of credit through the state-owned Bank of North Dakota for the project, intended as a backstop for beginning construction. Organizers haven’t tapped the line of credit, O’Keefe said.
Oil magnate Harold Hamm, a major player in the state’s Bakken oil field, donated $50 million to the project, announced in January by Republican Gov. Doug Burgum.
Burgum, a wealthy software entrepreneur who is running for president, championed the library proposal in the 2019 session, and donated at least $1 million to the project with his wife, Kathryn.
veryGood! (5)
Related
- See you latte: Starbucks plans to cut 30% of its menu
- Legal fights and loopholes could blunt Medicare's new power to control drug prices
- High rents outpace federal disability payments, leaving many homeless
- California plans to phase out new gas heaters by 2030
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Company Behind Methane Leak Is Ordered to Offset the Climate Damage
- How to keep safe from rip currents: Key facts about the fast-moving dangers that kill 100 Americans a year
- Florida arranged migrant flights to California, where officials are considering legal action
- Louvre will undergo expansion and restoration project, Macron says
- Prince Andrew Wears Full Royal Regalia, Prince Harry Remains in a Suit at King Charles III's Coronation
Ranking
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Katy Perry Upgrades Her California Gurl Style at King Charles III’s Coronation
- Pippa Middleton Makes Rare Public Appearance at King Charles III and Queen Camilla’s Coronation
- New York state trooper charged in deadly shooting captured on bodycam video after high-speed chase
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- J&J tried to block lawsuits from 40,000 cancer patients. A court wants answers
- FDA seems poised to approve a new drug for ALS, but does it work?
- COVID Risk May Be Falling, But It's Still Claiming Hundreds Of Lives A Day
Recommendation
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Some hospitals rake in high profits while their patients are loaded with medical debt
We Can Pull CO2 from Air, But It’s No Silver Bullet for Climate Change, Scientists Warn
Coal’s Decline Sends Arch into Bankruptcy and Activists Aiming for Its Leases
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Queen Letizia of Spain Is Perfection in Barbiecore Pink at King Charles III's Coronation
Today’s Climate: June 8, 2010
Prince George Looks All Grown-Up at King Charles III's Coronation