The National September 11 Memorial and Museum at the World Trade Center is an amazing spectacle. The memorial has already received 4.5 million visitors in its first year and the underground museum has yet to be completed. However, the foundation that runs the memorial has said with the expensive cost of the project, $700 million, and the operating cost, $60 million per year, the budget may be unsustainable without a big government subsidy. Click below to read more.
With its huge reflecting pools, ringed by waterfalls and skyscrapers, and a cavernous underground museum still under construction, the National Sept. 11 Memorial and Museum at the World Trade Center is an awesome spectacle that moved and inspired some 4.5 million visitors in its first year.
But all that eye-welling magnificence comes with a jaw-dropping price tag. The foundation that runs the memorial estimates that once the roughly $700 million project is complete, the memorial and museum will together cost $60 million a year to operate.
The anticipated cost has bothered some critics and raised concerns even among the memorial’s allies that the budget may be unsustainable without a hefty government subsidy.
By comparison, the National Park Service budgeted $8.4 million this year to operate and maintain Gettysburg National Military Park and $3.6 million for the monument that includes the USS Arizona Memorial at Pearl Harbor. Running Arlington National Cemetery, which has more than 14,000 graves and receives 4 million visitors a year, costs $45 million annually.
Officials at the 9/11 memorial say they face unique challenges that make comparisons to other national memorials difficult.
The foundation plans to spend at least a fifth of its operating budget, or around $12 million per year, on private security because of terrorism fears. Visitors to the memorial plaza pass through airport-like security, and armed guards patrol the grounds.
“The fact of the matter is that this was a place that was attacked twice,” said Joseph Daniels, the foundation’s president and chief executive.
