The estimated price tag for building former President Barack Obama’s presidential center in Chicago has reportedly soared to $850 million — nearly triple the original $300 million estimate first proposed when the project was conceived.

The Obama Foundation reported it had already spent more than $615 million on the Obama Presidential Center, which is located in Jackson Park on the city’s South Side, as of late 2024, the Chicago Tribune reported.

The center’s projected costs have steadily grown over the years.

The estimated budget hit $500 million when the design was unveiled in 2017, then jumped to $700 million in 2021, solely for construction costs, with the total estimated cost reaching $830 million, the Tribune reported.

The Chicago-based nonprofit now puts the final estimate at $8

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