Cost of Norfolk floodwall project balloons to $6 billion, completion slated for 2037

Cost of Norfolk floodwall project balloons to $6 billion, completion slated for 2037

The Norfolk Floodwall, constructed by the Army Corps of Engineers in 1971. The cost of expanding the wall has jumped from an estimated $1.4 billion to over $6 billion. (Photo by Jim Morrison/Virginia Mercury)The cost estimate for Norfolk’s delayed coastal storm risk management plan has more than doubled to $6.1 billion from $2.66 billion, officials confirmed this week, making the city’s required contribution more than $2 billion and clouding the…