Anderson Dam – Cost to rebuild key Bay Area dam nearly doubles to $1.2 billion
In the latest setback for a project that has been fraught with delays and cost overruns for more than a decade, the price tag to rebuild Anderson Dam — Santa Clara County’s largest — to improve earthquake safety is nearly doubling, from $648 million to $1.2 billion. The news comes one year after the Santa Clara Valley Water District, the government agency that owns the dam near Morgan Hill, announced that another of its large construction plans, a proposal to build a huge new reservoir near Pacheco Pass, also had doubled in price, from $1.3 billion to $2.5 billion.