With an estimated $5 billion price tag for construction, Apple Park tops a U.S. list of priciest buildings that includes six casinos, a Manhattan skyscraper and a baseball stadium.
“Apple Park is our Pentagon building; it’s got that kind of a footprint,” said Mark Ritchie, president of San Jose-based Ritchie Commercial Real Estate.
The new Apple Park complex seems destined to be forever intertwined with Apple’s history and the life of the company’s co-founder, the late Steve Jobs, said Chad Leiker, a first vice president with Kidder Mathews, a commercial realty firm.
“This new campus was designed with the intent of becoming an icon to Steve Jobs, and it will be an icon for the entire company,” Leiker said.
All told, eight buildings in the United States are among the 25 most expensive buildings in the world.
Ranked by their construction costs, these structures join the $5 billion Apple Park on the list of most expensive U.S. buildings, according to company information, regulatory filings and estimates in published reports:
The Cosmopolitan of Las Vegas, costing $4.24 billion; One World Trade Center, also known as Freedom Tower, in Manhattan, costing $3.92 billion; Wynn Resort in Las Vegas, $3.28 billion; Bellagio resort in Las Vegas, $2.33 billion; The Palazzo, Las Vegas, $2.06 billion; Trump Taj Mahal in Atlantic City, New Jersey, with a construction expense of $2 billion; and Yankee Stadium in New York City’s Bronx borough, at $1.66 billion, just a little more than the $1.3 billion estimated cost for Santa Clara’s Levi’s Stadium. All building costs are adjusted for inflation, to reflect the construction cost in today’s dollars.
Some of those buildings were touted as the nation’s No. 1 most expensive to build when they were completed. They included the Freedom Tower, built on the site of the World Trade Center, where the Sept. 11 terrorist attacks in 2001 brought down the twin towers.
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