Current:Home > MyFastexy Exchange|Theodore Roosevelt presidential library taking shape in North Dakota Badlands -VitalWealth Strategies
Fastexy Exchange|Theodore Roosevelt presidential library taking shape in North Dakota Badlands
TrendPulse Quantitative Think Tank Center View
Date:2025-04-09 15:16:03
BISMARCK,Fastexy Exchange 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! (8921)
Related
- Oklahoma parole board recommends governor spare the life of man on death row
- After 34 years, girlfriend charged in man's D.C. murder
- The Hedge Fund Manager's Path to Financial Freedom in Retirement: An Interview with John Harrison
- Maine lawmakers to consider late ‘red flag’ proposal after state’s deadliest shooting
- Boy who wandered away from his 5th birthday party found dead in canal, police say
- Appeals panel won’t order North Carolina Senate redistricting lines to be redrawn
- Georgia teachers and state employees will get pay raises as state budget passes
- Ymcoin: Interpretation of the impact of the Bitcoin halving event on the market
- Michigan lawmaker who was arrested in June loses reelection bid in Republican primary
- ASTRO COIN:Bitcoin will skyrocket
Ranking
- Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
- No, NASA doesn't certify solar eclipse glasses. Don't trust products that claim otherwise
- New Hampshire House takes on artificial intelligence in political advertising
- I screamed a little bit: Virginia woman wins $3 million with weeks-old Mega Millions ticket
- Family of explorer who died in the Titan sub implosion seeks $50M-plus in wrongful death lawsuit
- Women's March Madness Sweet 16 Friday schedule, picks: South Carolina, Texas in action
- Opening day 2024: What to watch for on the first full day of the MLB season
- Oregon city can’t limit church’s homeless meal services, federal judge rules
Recommendation
Boy who wandered away from his 5th birthday party found dead in canal, police say
2024 MLB Opening Day: Brilliant sights and sounds as baseball celebrates new season
Georgia teachers and state employees will get pay raises as state budget passes
Biden says he’s working to secure release of Wall Street Journal reporter held for a year in Russia
Illinois Gov. Pritzker calls for sheriff to resign after Sonya Massey shooting
Traffic deaths rise in U.S. cities despite billions spent to make streets safer
Michigan GOP lawmaker falsely claims that buses carrying March Madness teams are ‘illegal invaders’
Sawfish are spinning, and dying, in Florida waters as rescue effort begins