SFWMD approves $6M increase for Caloosahatchee reservoir
The cost of the largest Everglades restoration project for the Lee County area went up by $6 million Thursday after South Florida Water Management District governing board members approved the increase.
In total, the Caloosahatchee River reservoir, often called the C-43 project by engineers, will cost more than $600 million and is currently under construction.
The board approved the increase unanimously.
The increase was necessary because contractor expenses went up recently. The project is costing about $500,000 a day to build, according to district records.
The reservoir will capture 170,000 acre-feet, or about 55 billion gallons, of water from the river, store that water and then release it during dry times.
