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• Mar 27, 2008 6:07 am US/Central
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  Millennium Park Contractor Gets $11M Settlement

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Millennium Park Contractor Gets $11M Settlement

CHICAGO (AP) ― The city of Chicago has agreed to pay a general contractor it fired during the construction of Millennium Park $11 million under a settlement reached by lawyers for both sides.

The city hired Harston/Schwendener as general contractor for the Millennium Park project. In 2000, officials fired the joint venture involving Westmont-based Paul H. Schwendener Inc. and Chicago-based G.M. Harston Construction amid mounting concerns about the project's cost and delays.

According to court records, Harston/Schwendener alleged the city owed it tens of millions of dollars in disputed fees.

Pending the City Council's approval of the March 4 agreement, the final price tag for the popular tourist attraction in downtown Chicago now would exceed $500 million.

(© 2008 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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