Cost Estimate for Global War on Terrorism Memorial Balloons to $100 Million – By Richard Sisk (Military.com) / Aug 28, 2022
The cost estimate for building the Global War on Terrorism Memorial on the National Mall has doubled to $100 million — far surpassing the combined costs in today’s dollars of the Vietnam Veterans Memorial and the Korean War Veterans Memorial, according to the foundation in charge of the project.
Retired Army Sgt. 1st Class Michael “Rod” Rodriguez, president and CEO of the Global War on Terrorism Memorial Foundation, told Military.com that the new cost estimate doubling the previous one of about $50 million — what the foundation called a “conservative” estimate — was due to inflation.
The proposed memorial also must get past a complicated 24-step approval process involving several government agencies before a site on the National Mall can be prepared.
