Most Expensive National Parks?

Most Expensive National Parks?

Joined: January 1st, 1970, 12:00 am

November 6th, 2005, 11:32 am #1

The $12 Million acquisition of the Smokies prompted me to wonder what the most money ever spent on a national park was.

My major league pet peeve (to put it mildly) is Ground Zero which is to cost $400-$500 million.

I did some spot checks.

The Statue of Liberty cost $200,000 ($100,000 for the statue and $100,000 for the base)

Mount Rushmore cost $1 million

St. Louis Gateway Arch cost $30 million

Lincoln Memorial cost $3 million

Cost of Washington Monument $2 million

Vietnam Memorial $8.4 Million

World War II Memorial in DC $175 Million (most expensive ever -- and perceived to be a boondoggle artistically)

Naturally these dollars would have to be adjusted to "current" dollars. Does anybody know how to do that?
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Joined: April 20th, 2004, 7:19 pm

November 6th, 2005, 10:03 pm #2

I'll assume you know the year each aquisition was made:
http://eh.net/hmit/compare/

once again, greets to google..
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Joined: January 26th, 2004, 5:02 pm

November 8th, 2005, 8:03 pm #3

The $12 Million acquisition of the Smokies prompted me to wonder what the most money ever spent on a national park was.

My major league pet peeve (to put it mildly) is Ground Zero which is to cost $400-$500 million.

I did some spot checks.

The Statue of Liberty cost $200,000 ($100,000 for the statue and $100,000 for the base)

Mount Rushmore cost $1 million

St. Louis Gateway Arch cost $30 million

Lincoln Memorial cost $3 million

Cost of Washington Monument $2 million

Vietnam Memorial $8.4 Million

World War II Memorial in DC $175 Million (most expensive ever -- and perceived to be a boondoggle artistically)

Naturally these dollars would have to be adjusted to "current" dollars. Does anybody know how to do that?
I think there is some confusion about those numbers.

The Great Smoky Mountain National Park amount was for land aquisition.

The Vietnam Memorial was for building, since the gov't already owned the land. Likewise the other Washington DC monuments mentioned were probably already government owned. Some were built on "reclaimed" land, meaning part of the Potomac or nearby wetlands were filled to create a building space (Jefferson, Roosevelt for sure & maybe the Lincoln).

If you don't include the 120+ years of building buildings, road, etc in Yellowstone, that park was "free". After the Black Hills were stolen from the native americans [Lakota Souix?] (in violation of previous treaties) the land was "free", so the cost mentioned was the cost to carve the sculpture.

Grand Escalante National Monument only involved the cost of the paperwork & studies & legal bills to move it from one classification to another. Unless you want to count the money not gained by the government from the various "extraction industries".

But the dollar amount for GSMNP is probably not for the roads, buildings, etc either. But do you work from a replacement cost model or the money spent less depreciation for deterioration of those roads?

You could do a lot of math and get an answer, but I'm not sure what question it would answer.
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Joined: January 1st, 1970, 12:00 am

November 11th, 2005, 1:00 am #4

I'll assume you know the year each aquisition was made:
http://eh.net/hmit/compare/

once again, greets to google..
Thanks Steve. I didn't even know what to search for. In any event they've up the cost the for the WTC Memorial to a staggering $800 Million (and nothing still has been built).
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