The center was scheduled to be completed at the end of 2009, but the board of the real estate company behind the venture has rejected all three tenders received for the main construction contract.
Two years ago, the estimated costs of the music complex were €94-98 million; estimates are currently €106.2 million. Neccesary equipment and furnishings will cost another €20 million, reports the Sanomat.
The Sibelius Academy, the Finnish Radio Symphony Orchestra and the Helsinki Philharmonic Orchestra will all use the new center, whose main auditorium will seat around 1,700, according to the newspaper. There will also be five smaller halls (seating 200-500 people), a restaurant and a music library.