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Arena Estimate Lowered

The estimated cost of building Louisville's new downtown arena has been lowered by $5 million.The project construction manager has announce a new estimate of $249 million, down from the original $254 million.Arena Authority Chairman Jim Host says one reason for the reduction is the diligence of the authority in keeping extra costs in check."The second thing is, I think the economy, even though it's not good, has helped us. Because I think we got steel prices that were less than the guaranteed maximum, we got concrete prices that were less than the guaranteed maximum," Host said.The multi-purpose facility at Second and Main Streets is scheduled for completion in the fall of 2010.

Rick Howlett was midday host and the host of LPM's weekly talk show, "In Conversation." He was with LPM from 2001-2023 and held many different titles, including Morning Edition host, Assignment Editor and Interim News Director. He died in August 2023. Read a remembrance of Rick here.