How Much Would it Cost to Build the Colosseum Today?

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toldinstone

toldinstone

Күн бұрын

Пікірлер
@stevejohnson3357
@stevejohnson3357 2 жыл бұрын
Just a thought. Lets build our replica as an artificial reef on the most desolate stretch of seafloor we can find. It would be costly but think of the confusion it would bring to future archeologists.
@ypey1
@ypey1 2 жыл бұрын
lol, dont forget to include a human extinction event to prevent the lore of the build surviving
@VideoDotGoogleDotCom
@VideoDotGoogleDotCom 2 жыл бұрын
Sounds pretty expensive, but hey, what isn't?
@paperclip9558
@paperclip9558 2 жыл бұрын
Hahaha. The most expensive trolling ever.
@playme129
@playme129 2 жыл бұрын
@ Steve. If you can think this, you have a wild imagination and far too much time on your hands.
@playme129
@playme129 2 жыл бұрын
@paperclip. Fishing. The backbone of the tourist industry. Ha , Ha. 😎
@jd9119
@jd9119 3 ай бұрын
The cost of a building can be justified by how much use you get out of that building. Our $2 billion+ stadiums give you probably 20-40 years of service. The Coliseum gave at least 400 years of service hosting sports and spectaculars. And even today it's getting service out of tourism. So I think the Romans got their money's worth out of it.
@franciscoserrano6339
@franciscoserrano6339 Ай бұрын
Solid points!
@junefranklin458
@junefranklin458 Ай бұрын
our 2b+ stadiums are wastes of money, dont forget the impact they have on gambling
@Nookdashiddole
@Nookdashiddole Ай бұрын
Whatever idiot
@masamune..
@masamune.. Ай бұрын
​@@junefranklin458imagine the same in ancient Rome. Gambling is age old.
@WilderTime
@WilderTime Ай бұрын
Nobody fucking cares
@HowardxDuck
@HowardxDuck 2 жыл бұрын
I’m not surprised at the large difference in estimated cost. I work at an architecture firm and we see massive variations in estimates and quotes all the time. You are right that we would not get an exact answer unless we actually built it. Everyone has a different way to measure the cost of a project
@penjim
@penjim 2 жыл бұрын
Indeed an engineering estimate is not the same thing as a bid..
@jhonatancock2302
@jhonatancock2302 2 жыл бұрын
I always underbid my estimations because i always take the all there no delay happy path, my oldest boss told me one time "think your number, multiply by 3, add 1M". That was a good number in reality.
@guyfawkesuThe1
@guyfawkesuThe1 2 жыл бұрын
It would cost about what an NFL stadium would cost today, so about $2 billion USD.
@tylerdurden3722
@tylerdurden3722 2 жыл бұрын
@@guyfawkesuThe1 Then how much would a colloseum with water, electricity, lights, restrooms, etc cost?
@guyfawkesuThe1
@guyfawkesuThe1 2 жыл бұрын
@@tylerdurden3722 That is what I am saying.
@JSM270
@JSM270 Жыл бұрын
If we’re allowed to use poured concrete and modern equipment, it wouldn't be any more expensive than the average stadium. If we have to hand carve everything, it would cost way more than 2B
@bobdinitto
@bobdinitto 2 жыл бұрын
The scope and scale of the Colosseum project is absolutely awe inspiring when you consider that it was done with manual labor and no modern machinery. That the ancients were so adept at organizing and managing such large building projects is a testament to human ingenuity, perseverance, and engineering discipline.
@jk-gb4et
@jk-gb4et 2 жыл бұрын
go write an essay for high school english class
@ReallyNoAlex
@ReallyNoAlex 2 жыл бұрын
The Ancient Greek temples such as temple of hera are even more impressive imo
@jasoncuculo7035
@jasoncuculo7035 2 жыл бұрын
85,000 Jewish slaves from the Great Jewish Revolt worked in shifts to build it!
@kaloarepo288
@kaloarepo288 2 жыл бұрын
@@ReallyNoAlex The Roman temple at Baalbec in modern Lebanon was the biggest Roman temple and bigger than any Greek temple .
@RareTS
@RareTS 2 жыл бұрын
@@ReallyNoAlex how so
@justinfleagle
@justinfleagle 8 ай бұрын
As an engineer myself, you always 3x every estimate to your project manager. With that in mind, 3 - 5 billion is a safe estimate.
@13dove
@13dove Ай бұрын
The fact that no billionaire has done this yet just goes to show you that they don’t know how to spend their money
@m7rtim532
@m7rtim532 Ай бұрын
Or learn to estimate
@m7rtim532
@m7rtim532 Ай бұрын
Or learn to estimate
@raffayhussain6717
@raffayhussain6717 Ай бұрын
There's absolutely no way this could ever cost 5 billion
@tomp5207
@tomp5207 Ай бұрын
Sounds like you are bad at estimating. I find I can bring projects in on budget rather than adding random 3x multipliers. I certainly wouldn’t hire you
@SobekLOTFC
@SobekLOTFC 2 жыл бұрын
You know, Lego have pirate and medieval themes- I think they're leaving money on the table not having an antiquity/Roman theme. Great job as always Garrett!
@fintan9218
@fintan9218 2 жыл бұрын
Theres a lego colosseum, one of the most expensive sets
@sergpie
@sergpie 2 жыл бұрын
There’s like a $5-600 Colosseum set available. He features it on the first 15 seconds of the video 😁
@Bestimmung12
@Bestimmung12 2 жыл бұрын
@@fintan9218 WHERE
@SobekLOTFC
@SobekLOTFC 2 жыл бұрын
@@sergpie yes, but who can justify spending $600 on an architect set? I was more talking about the pirate and medieval sets Lego had back in the day that went with the space themes.
@sergpie
@sergpie 2 жыл бұрын
@@SobekLOTFC A Lego-aficionado 😝 I’ve heard of collectors spending twice as much on stuff like that; if it’s for sale, there’s a client for it, somewhere haha
@Aaron-ed5xs
@Aaron-ed5xs Жыл бұрын
They built a modern sized stadium with no electricity, no power, and it effectively had running water. What a catastrophically impressive achievement. I wish to see it someday
@dilburger6902
@dilburger6902 22 күн бұрын
You used catastrophically wrong here lol
@suspicioussand
@suspicioussand 11 күн бұрын
​@@dilburger6902 I guess you could call it... _a catastrophe_ *ba dum tsss*
@legitbeans9078
@legitbeans9078 10 күн бұрын
Agreed. This was truly a devastatingly amazing feat of engineering and logistics.
@laashushu1217
@laashushu1217 5 күн бұрын
Such a tragically proven example of roman productivity.
@Mistersteger
@Mistersteger 2 жыл бұрын
Carpenter here: I think the wide range is an accurate estimate. It will all depend on how true to the original it would be. I think if somebody wanted to build something that was the same scale as the original but that used thin slabs of finished stone to clad, ignored all modern building codes, and used sculptures that were just plaster casts of existing statues, you could do it for $150m or less. But once you start adding in things like electricity, stair height limitations, guard rails, sprinklers, alarms, elevators, ramps, automatic doors, authentic travertine, hand-crafted marble sculptures, parking spaces, sewage systems, storm drains, insurance, gold decorations, hand-chiseled signs...well...sky is the limit in terms of price.
@cartman2dk
@cartman2dk 2 жыл бұрын
just transport of the marble and travertine would be millions of dollars.
@stephenkamps8925
@stephenkamps8925 Жыл бұрын
Roman emperor here: We do not care about the safety of the plebians and the plebians do not travel in vehicles that need parking. Thus, both shall be ignored. Also no electricity; we must stay true to the era. Nevertheless, spare no expenses with the statues.
@martinnolhaf3151
@martinnolhaf3151 Жыл бұрын
​@@stephenkamps8925 based and Emperor pilled!
@DrPeculiar312
@DrPeculiar312 Жыл бұрын
Carpenter here = opinion discarded. The marble facades alone would cost over $150m
@diegonatan6301
@diegonatan6301 6 ай бұрын
@@DrPeculiar312 stop talking bulshit!
@TheBanjoShowOfficial
@TheBanjoShowOfficial Ай бұрын
13:30 "Unskilled laborer... rate $65" well im in the wrong profession
@SnaketheJake87
@SnaketheJake87 2 жыл бұрын
I’m an engineering student currently. Despite the fact that this was another amazing video from you, it was really cool and enlightening seeing people (engineers) with experience doing basic cost analysis. Something I’ve struggled in my courses so far. Thanks for that.
@AndystanSmith
@AndystanSmith 2 жыл бұрын
Unskilled laborers were priced at $65 an hour. Why is that so high?
@TheRecklessBravery
@TheRecklessBravery 2 күн бұрын
Cuz rome rich rich
@charlesclifton1006
@charlesclifton1006 2 жыл бұрын
While in Rome, back in the mid 70s, I decided to leave my hotel and "find" the Colosseum. I took the subway via the "B" line and got off at the "Colosseo" station. All of this I had to look up on recent City of Rome subway maps but what I remember as clear as the day Kennedy was assassinated was the absolutely jaw-dropping sight of the structure as it sits directly across the street from the subway station. Keep in mind that as the Colosseum exists today, much of it's outer structure (wall) is gone.... still, it is huge and (to me) beautiful. This was a fascinating video ... thank you.
@roybatty2030
@roybatty2030 Күн бұрын
Very thoughtful of the Romans to build it close to the subway station
@AaronHahnStudios
@AaronHahnStudios 2 жыл бұрын
A lot of research and time went into this... well done, toldinstone. Excellent work.
@pikXpixelart
@pikXpixelart 2 жыл бұрын
This truly is an interesting video! Both chapters could be A+ videos on their own (original labor, modern labor) but having both in one really makes this a groundbreaking video. Even if these are just rough estimates, I think it's a really interesting take on it.
@InvestBetter.
@InvestBetter. 2 жыл бұрын
I'm very surprised no one, on Earth, has ever used the Roman Coliseum as a model for future stadium building. It is a beautiful design, and probably the most famous arena ever made.
@Matticitt
@Matticitt Жыл бұрын
All modern stadiums are based on the colloseum - just not the achitecture of it.
@InvestBetter.
@InvestBetter. Жыл бұрын
@@Matticitt Thanks for missing the point.
@jonathanDstrand
@jonathanDstrand 2 ай бұрын
the Coliseum in LA?
@vinissues4634
@vinissues4634 Ай бұрын
The Mané Garrincha stadium was named as the New Colleseum from Fifa
@danielch6662
@danielch6662 Ай бұрын
@@InvestBetter. I'm not an architect, but I'm gonna guess anyway. Very likely, lots of people thought about it, and a huge number of students. But we don't live in ancient Rome. It's a poor design for today. For the materials we have today, for uses we have for the stadiums today. Stadiums are built for specific sports. A football stadium, one for baseball, or whatever, the pitch needs to be of a standard specific size, which the Colosseum isn't. The track for athletics, you don't want it to be 279.5m. And we need specific things, gates and turnstiles, to make people pay before they enter. Some sports require that fans for the two teams do not mix, or there might be trouble. And we need ways to quickly evacuate everybody in the event of an emergency. And there's the fire inspector. Modern spectators wants modern conveniences. Some areas air conditioned. Lifts. Escalators. And who knows what. Considering all the myriad of stuff, by the time you do all these necessary modifications, it's no longer a replica.
@BarfyMan-sh3zf
@BarfyMan-sh3zf 2 жыл бұрын
I absolutely love this! The transportation of travertine blocks was mindblowing. It must have been a sight to behold seeing thousands of massive blocks being transported. When it was finished it probably felt like the Gods would be in attendance themselves. Could you imagine all that white marble shining in the sun and all those thousands of people filling the stands? Eventhough we live in the best (most comfortable) time in history, I often wish to have been born in a time like this. When I see these things I can certainly understand how people believed in miracles and godly emperors. How else can you build something so magnificent by hand without the blessing and favor of the Gods? Thank you again, you are my favorite youtuber by a mile!
@datadavis
@datadavis 2 жыл бұрын
Pretty overwhelming odds that you are going to live out your days in a mudhut somewhere nowhere near the glory of rome. With my luck i would probably be born in siberia
@BarfyMan-sh3zf
@BarfyMan-sh3zf 2 жыл бұрын
@@datadavis hahahahahaha thats true, the odds of a happy life are pretty much 0. Chances are that you die of an illness long before you reach adulthood. We are lucky to be living in such easy times!
@scholaroftheworldalternatehist
@scholaroftheworldalternatehist 2 жыл бұрын
Sure bud...very high chance you die in infant age due to some preventable disease we have vaccine for, or die due to dirty drinking water/injury, then live a life worse than the poorest people of Africa.
@Tokru86
@Tokru86 2 жыл бұрын
Don't put so much emphasis on the sight of some blocks beeing transported. For the people of Rome this was daily business because the whole ancient city centre was build in this way. There was constant construction going on and while the number of blocks required for the Colosseum is remarkable the size of them is not. Marble columns (in on piece) erected for a new temple, giant sculptures moved to the numerous fora/pedestals, the occasional egyptian obelisk, all of that would have attracted a far bigger croud of onlookers than some generic blocks moving through the city in a steady stream over a few years.
@Apokalypse456
@Apokalypse456 2 жыл бұрын
@@Tokru86 its estimated that around 20% of all people alive lived in the roman empire in the second century AD
@xraceboyex
@xraceboyex 2 жыл бұрын
Beautiful video, this will be the first time in a while that I've subscribed to a channel on the first video I saw. Kudos
@TetsuShima
@TetsuShima 2 жыл бұрын
It is quite curious how the founding of the Colosseum was the only remarkable thing Titus did as Emperor, as the only other things he could do during his reign was trying to repair the massive damage from the eruption of Vesuvius and the Second Great Fire of Rome. Then, he just miserably died of fever shortly after the foundation of the Colosseum, making his disturbed brother Domitian (who also modified it by adding the hypogeum) the first Emperor to actually enjoy the gigantic amphiteatre
@alimanski7941
@alimanski7941 2 жыл бұрын
It all depends on perspective, of course. Titus was one of the most significant adversaries in Jewish history, having destroyed and looted Jerusalem and the Second Temple, while fighting the Jewish rebellion in Judea. Though, that all happened before he became Caesar.
@sdsd2e2321
@sdsd2e2321 2 жыл бұрын
@@alimanski7941 based
@DaDaDo661
@DaDaDo661 2 жыл бұрын
@@sdsd2e2321 Cyrus - 9mm, safety...always off. My old man gave it to me
@blakelowrey9620
@blakelowrey9620 2 жыл бұрын
@@DaDaDo661 safety always off
@TetsuShima
@TetsuShima 2 жыл бұрын
@@alimanski7941 Unfortunely, people usually remember only what an Emperor did during his reign, not what he achieved before reaching that position
@PathHits
@PathHits 2 жыл бұрын
Can I just say real quickly I’m glad this video is blowing up because toldinstone fucking deserves it!
@T4NK09
@T4NK09 2 жыл бұрын
Love your rebranding, the music you use at the end of your recent videos, and all your recent content! Keep it up Dr. Garrett!
@ToastyChud
@ToastyChud 2 жыл бұрын
Yeah this guys videos are good.
@aaronandcaitlinnelson5617
@aaronandcaitlinnelson5617 2 жыл бұрын
The lego colosseum was a hilarious touch. Thanks to those who volunteered to help make the video, it was great!
@adrianghandtchi1562
@adrianghandtchi1562 2 жыл бұрын
Thank you Magnificus, Jim, and Tim for all they are fabulous estimates and hard work.
@robpolaris7272
@robpolaris7272 2 жыл бұрын
The ease that clearing an area with explosives and a bulldozer today is astounding. Needing hundreds of workers, working years what can be done by 2 people in a couple of weeks Is just amazing!
@michaelv6290
@michaelv6290 2 жыл бұрын
Just wonderful how when you make videos with a specific narrative like this, it reveals so much about Roman history and life. Awesome video.
@georgesteffey8375
@georgesteffey8375 2 жыл бұрын
Man I love this channel so much, great work toldinstone!
@magnificus8581
@magnificus8581 2 жыл бұрын
Great video! So curious to see the different estimates! Like I said, always get 3 estimates! Really appreciate your hard work!
@ferdi6594
@ferdi6594 2 жыл бұрын
Your estimate makes more sense to me. Even if labour cost increased, modern machinery should have a huge impact on the amount of labour required to both source and transport the materials.
@toldinstone
@toldinstone 2 жыл бұрын
Thanks again for your help!
@elchaposexcitingadventures1674
@elchaposexcitingadventures1674 2 жыл бұрын
Tell us your cost overruns please.
@IceniTotalWar
@IceniTotalWar 2 жыл бұрын
Thank you for helping out the channel, hope you found it interesting 👍👍
@cracknigr6065
@cracknigr6065 2 жыл бұрын
Great contribution to this video mate! Sometimes I really like modern humans. :)
@architectpiperr4918
@architectpiperr4918 Ай бұрын
As an architect I appreciate your systematic approach in this study... good work 👊
@theLetterDoubleYou
@theLetterDoubleYou 2 жыл бұрын
Good stuff, especially the honesty about currency conversion over time. I've been seeing a lot of bad economic history on KZbin lately on the subject. Thanks again!
@jayson8372
@jayson8372 2 жыл бұрын
Pause at 5:58; could you imagine walking down that hallway with the stands filled with cheering spectators? Amazing!
@christosvoskresye
@christosvoskresye 2 жыл бұрын
It is entirely possible that many of the recipients of your emails thought you were a student looking for someone to do his homework. I remember a similar assignment involving estimating the budget for moving the pyramids from a project management course.
@rolandnelson6722
@rolandnelson6722 5 ай бұрын
Even if toldinstone was a student it would be nice if he got a response.
@christosvoskresye
@christosvoskresye 5 ай бұрын
@@rolandnelson6722 Maybe, but the point of homework is for the student to actually do the work.
@_EyeOfTheTiger
@_EyeOfTheTiger Ай бұрын
Everyone is a student when learning from someone else
@christosvoskresye
@christosvoskresye Ай бұрын
@@_EyeOfTheTiger And everyone tries to get someone else to do his homework when learning from someone else, right?
@_EyeOfTheTiger
@_EyeOfTheTiger Ай бұрын
@@christosvoskresye that’s how the world works unfortunately
@CODXxGODZxX
@CODXxGODZxX 2 жыл бұрын
Very cool stuff. I love these type of videos and shoutout to those guys who helped you out.
@carleslazaro6117
@carleslazaro6117 2 жыл бұрын
Excellent video, as always, I only miss the cost of the project of the engineering team. I guess it must have been a tiny part of the total cost, but today it would certainly inflate the budget a lot. Commenting on the video with an architect friend while we have a few beers, he tells me that he would charge 10% of the total project. He has no idea of ​​the rates of 1st century Roman engineers or architects. But if you’re really interested in building a replica of the Colosseum, Dr. Ryan, I can invite him over for a couple more beers and I’m sure we can get to 5 or 6% of the total. I really love this kind of videos, thanks you and cheers!
@Ugly_German_Truths
@Ugly_German_Truths 2 жыл бұрын
Biggest Part of 1st century Salary would probably be being left alive ;)
@magnificus8581
@magnificus8581 2 жыл бұрын
The direction for calculating budget was to leave off soft costs such as permits and design. If that had been included, roughly 10% of the budget for the design team, perhaps a little less due to the simplicity of the design (geometric and repetitive)
@markcasey2517
@markcasey2517 2 жыл бұрын
Fantastic. And brilliant that you couched it in estimates on assumptions. A great thought provoking exercise. Very cool.
@justinian-the-great
@justinian-the-great 2 жыл бұрын
It should be noted that to even get to building the actual Colosseum, a lot and I mean A LOT of pre-building job had to be done. First of all they had to clear the area for building. The area where Colosseum was to be built was actually already occupied by Nero's gigantic Domus Aurea (Golden House). So that monstrosity of a complex that spanned over multiple hills of Rome had to be demolished. Just the cost of demolishing it and then clearing the ruble must've been in millions of sesterces. Worse than that, the exact site where Colosseum was to be built is where Nero built a large indoor lake, which would have to be drained, which would probably be one of the hardest task in overall construction of the arena. Add in multiple smaller work that had to be done, like for example leveling the ground around Colosseum, and just the costs of pre-building would be enormous. Thus it's even harder to accurately measure the then building cost of the Colosseum.
@petlahk4119
@petlahk4119 2 жыл бұрын
I don't know really anything about Nero, but it sounds a bit like they may have destroyed his house and built a colosseum instead almost as a public works project? Like demolishing the mansions of the super rich because they're stupid assholes and building a park there instead lmfao.
@ionpopescu3167
@ionpopescu3167 2 жыл бұрын
This shows how capable people were even then. We are not really that much different huh
@absalomdraconis
@absalomdraconis 2 жыл бұрын
A lot of demolition work would have been involved, but they've actually found Nero's foundations under part or all of the Coliseum, and they might well have _used_ the infrastructure of the lake, since they actually had simulated sea battles inside the Coliseum early in it's history.
@nathancollins1715
@nathancollins1715 2 жыл бұрын
@@petlahk4119 Oh, it wasn't just because he was rich. The rich were the ones who ordered the construction in the first place, and they DESPISED Nero. They hated him so much that to this day we aren't really sure which stories about him are true and which are outright fabrications, because the Senate and later Emperors' propaganda campaigns demonizing him were so effective that within a few generations everyone in the Empire was convinced that he was like Satan incarnate. Personally, I think that Nero was a mostly well-meaning, if short-sighted and and incompetent Emperor. He was at an obvious disadvantage because he was so young, and his overbearing mother basically made all his decisions for him in the early years of his reign. But he had a bit of a god complex (even greater than the healthy amount of god complex most Emperors had) and made impulsive decisions like abolishing all taxes everywhere, and of course beginning construction on a mile-long mansion in the heart of the city. He was the product of several generations of Julio-Claudians being totally removed from the everyday life of the citizens of Rome, and the Senate in particular saw him as a symbol of all the decadence and depravity of the Imperial experiment coming to a head. So, yeah. When Nero was assassinated and the Flavians took over, their first priority was damning the name of Nero (both because they actually hated him and as a political maneuver to concrete their own imperium) and wrecking all his stuff, which included the Golden House. Vespasian certainly wanted to create the image of a "populist reform" in planting a new stadium right where the Golden House used to be, but that doesn't mean he really held populist intentions. Like everything Emperors did, it was all about the positive PR.
@Tokru86
@Tokru86 2 жыл бұрын
There would be nearly no demolition required. You said it yourself: The Colosseum was built at the site of the artificial lake specificially because the site was already cleared (for the lake obviously). The actual buildings of the Domus Aurea are still there underground in the area surrounding the Colosseum. The lake beeing artificial would have made draining it also very easy because they just had to cut off the supply of water and the lake would have drained itself trough the already present outflow very quickly.
@KevinBReynolds
@KevinBReynolds 2 жыл бұрын
Another fascinating video from Told In Stone. Thank you. As a manufacturing estimator for a good number of years, I can pretty much guarantee that you should double whatever estimates you have come up with. You can't just say "Okay, the stones costs this much, labor this much, engineering and architects this much, and put it together and have a good cost estimate. It just doesn't work that way. It may look good on paper but in reality things tend to happen rather differently. Somebody made a mistake, the numbers don't match, you better double check this and sooner rather than later, etc. Just go ahead and double whatever you've got.
@davepowell1661
@davepowell1661 2 жыл бұрын
Call it 'Trump Colosseum' and the contractors costs drop
@alecsteven6
@alecsteven6 2 жыл бұрын
I thought this video was one of your best and most captivating videos to date. I've really been loving your content lately. Thank you and keep up the good work!
@danknight1979
@danknight1979 2 жыл бұрын
A question we did not ask, a question we needed the answer.
@kray3883
@kray3883 2 жыл бұрын
I think you vastly underestimated the cost of hiring contractors... I'm a federal contractor (not in construction) and normally our billing rate is approximately 3x our actual pay.
@Nick-zw1zw
@Nick-zw1zw 8 ай бұрын
Yes I'm a contractor in Canada abd we charge about 2.2-2.8x the actual pay of the workers involved.
@derekofoma5120
@derekofoma5120 2 жыл бұрын
Very well made video. I learned much more than I expected and it was very entertaining. Admittedly, I assumed productivity increases would decrease building costs much more than it did because we could build it in a fraction of the time with a fraction of the workers. Regardless, thank you for your time and effort.
@dosgos
@dosgos 2 жыл бұрын
Special thanks to Magnificus, Tim Wilkinson, and Jim Williams for those detailed estimates. I suppose one could estimate the land cost in that area of Rome although the value of such a large prime space would likely be well above the cost of small plots. Modern costs from building the Gaudi Cathedral in Barcelona and the Cathedral in NYC on 112th street could be helpful to triangulate estimates.
@sergpie
@sergpie 2 жыл бұрын
Nowadays, (central) Rome has some ridiculous real estate prices for plots/blocks. A building that used to be a ministry office, that’s about 55000 sqft, sold for €104,000,000. There’s a historic apartment building whose mere first floor, courtyard, and adjacent small office buildings are going for about €65,000,000. Rome isn’t cheap in the central portion of the city. Land there has been claimed and built upon for so long that parcels or buildings for sale are sold at an extreme premium.
@magnificus8581
@magnificus8581 2 жыл бұрын
Thanks, it was a fun exercise and appreciate being included!
@penjim
@penjim 2 жыл бұрын
Ha- thank you! It was fun to do for sure- Jim Williams
@lycaonpictus9662
@lycaonpictus9662 2 жыл бұрын
I imagine another aspect that would make it difficult to make a 1:1 comparison between ancient Rome and a modern building project, is that the Romans might have used slaves for some of the unskilled labor that was involved.
@barath4545
@barath4545 2 жыл бұрын
You should ignore the land costs. The land was just taken or owned originally, so the replica argument should just be based on a field in random Italy or so.
@Synochra
@Synochra Жыл бұрын
You honestly always come up with the most interesting and entertaining scenarios.
@augustgreig9420
@augustgreig9420 2 жыл бұрын
I don't know if you've ever worked in construction, especially with concrete, brick and stone, whatever estimate you come to will never be accurate. Especially on a project this big, projects *ALWAYS* go over budget and almost always over time. That's just how it is. Same people think all contractors are crooks because if this, but in reality, there are always unforseen obstacles and set backs in a project, and the bigger the project, the greater the set backs. Anything from weather, injuries, stolen tools and materials, discovering the ground becomes far more difficult to dig six feet down,broken tools from the very small to very large. Just too many variables, and people tend to estimate optimistically because if the don't, some other company will come in and undercut any realistic bids.
@cracknigr6065
@cracknigr6065 2 жыл бұрын
And the developers never looking for realistic bids but just CHEAP CHEAP CHEAP, until the next project ends up as a fucking ruin that soils the landscape. Grrrr. Just thinking about my time in the business already makes me so freaking angry again.
@badcornflakes6374
@badcornflakes6374 2 жыл бұрын
"Ballpark estimates"
@dickJohnsonpeter
@dickJohnsonpeter Жыл бұрын
​@@badcornflakes6374 Scrumptious Darron
@dandiehm8414
@dandiehm8414 25 күн бұрын
"Things always take twice as long and cost twice as much as estimated" ~ a great philosopher
@grapetonenatches186
@grapetonenatches186 12 күн бұрын
Thats easy. The initial estimate would be $1.62 billion. By the time of breaking ground we will be looking at $6.7 billion. 7 years into construction the budget has inflated to $27.3 billion and just after the grant for the final phase of construction brings the total budget to $69.4 billion, the project will be stalled indefinitely to accomodate the life cycle of an endangered algae.
@iamgermane
@iamgermane 2 жыл бұрын
An NFL stadium today costs about $2 billion US dollars.
@Joe-Przybranowski
@Joe-Przybranowski 3 ай бұрын
Yeah this would cost way more than that.
@TomJakobW
@TomJakobW Ай бұрын
⁠@@Joe-Przybranowski why? There’s a lot of cost in an NFL stadium that wouldn’t be in a colosseum build and vv. I think the estimate is quite fine.
@alerto-wz8ti
@alerto-wz8ti Ай бұрын
​@@Joe-PrzybranowskiNot really modern stadiums use way more modern materials that cost more including things such as steel etc, this is just bricks and concrete for the most part, the roof was a simple cloth not the billion dollar retractable roofs that we have in today's stadiums. I doubt it would cost much to build a replica and perhaps would be a profitable tourist attraction in the outskirts of Rome for example
@arthurfurniss4147
@arthurfurniss4147 Ай бұрын
@@alerto-wz8tiit’s travertine marble, which would be prohibitively expensive to build with today
@NLJeffEU
@NLJeffEU Ай бұрын
2 billion for such a wack game 😂
@timeflysintheshop
@timeflysintheshop Ай бұрын
That was a fascinating video! Thank You! 😊😊😊
@N3onDr1v3
@N3onDr1v3 2 жыл бұрын
I just want to say how amazing the line " the turrets and battlements of a castle in the air" is.
@toldinstone
@toldinstone 2 жыл бұрын
I do what I can...
@francocalvanochiesa909
@francocalvanochiesa909 2 жыл бұрын
Thank you so very much for going through all that research and doing this very illuminating video. Ever since I’ve went to the coliseum for the first time (2002) I was overwhelmed by this magnificent building and the question had haunted me. Very much appreciated. If I ever get filthy rich, I’ll contact you and I’ll finance it. Cheers.
@ryz8
@ryz8 2 жыл бұрын
this is a question that i've asked myself nearly every day. thanks for the video sir.
@manishjugran5021
@manishjugran5021 2 жыл бұрын
seeing this effort for research is amazing
@penjim
@penjim 2 жыл бұрын
Thanks for the chance to help with this Garrett! I’m sure all three of us that contributed had a lot of fun! Now we just need a gofundme for the project!😂 Jim Williams
@toldinstone
@toldinstone 2 жыл бұрын
Thanks again for your help! I'm hoping than an eccentric billionaire will step in...
@Perririri
@Perririri 2 жыл бұрын
Gofundme is generally a woke subsidisation scheme
@mcaste8495
@mcaste8495 4 ай бұрын
Absolutely love your content. Great video. Thank you.
@jeremiahcutright81
@jeremiahcutright81 2 жыл бұрын
Garrett, I read your book Naked Statues, Fat Gladiators and War Elephants last week. literally insanely well written and your story telling skills are so impressive. Sometimes reading non fiction can feel like a chore but I was not bored or uninterested at any point while reading it. Keep up the great work and thanks for everything you're doing here! Also if you see this comment, I'm curious if you've read "The Immortality Key" or are familiar with Brian Muraresku's work and what you think about all of that.
@toldinstone
@toldinstone 2 жыл бұрын
I'm very glad you enjoyed my book! I haven't read "The Immortality Key" - yet. To be honest, I'm deeply suspicious of the central thesis, but I'd have to read it to give you a genuine assessment.
@robinsydney140
@robinsydney140 2 жыл бұрын
Great video! So well researched! Thank you for a job well done and the time and effort!
@samaraortega21
@samaraortega21 2 жыл бұрын
I always look forward to your videos, I love your book 📕 perfect reading
@windowsxp9120
@windowsxp9120 2 жыл бұрын
10:33 idk why but the comedic timing of your face reaction here is just so funny.
@IvoryOasis
@IvoryOasis 2 жыл бұрын
It's sad organizations and education institutions didn't reply to you.... your one video exposes more people to these issues than they do in their lifetimes.
@jlwilder8436
@jlwilder8436 2 жыл бұрын
Wow/your videos are kind of amazing and not what I was expecting. I am so intrigued by all of it and have found myself daydreaming lately about this magnificent world that existed in the Roman Empire, that I don't know if I've seen anywhere else bring it to life quite the same. 🙂
@faithlesshound5621
@faithlesshound5621 2 жыл бұрын
A recent project on a similar scale was the replica of St Peter's Cathedral in Rome built by the late dictator of the Ivory Coast in his home town. I believe they used modern materials and machinery and did not take a century to finish it. Do we know anything about the cost and where he got the skilled artisans?
@Aristocles22
@Aristocles22 2 жыл бұрын
Basilica. St. Peter's Basilica. It's not a cathedral. The Basilica of Our Lady of Peace in Ivory Coast is not as large as the one in Vatican City, and it's nowhere near as elaborate. Just look at them in a pair of pictures side-by-side and you'll see they aren't even that close.
@faithlesshound5621
@faithlesshound5621 2 жыл бұрын
@@Aristocles22 According to Wikipedia, the basilica in Yamoussoukro is the largest church in the world. The dome is twice the diameter of St Peter's, but it is not as high since the base is lower.
@Aristocles22
@Aristocles22 2 жыл бұрын
@@faithlesshound5621 Wikipedia lists St. Peter's as larger. Look up the list of largest church buildings there.
@faithlesshound5621
@faithlesshound5621 2 жыл бұрын
@@Aristocles22 I suppose it depends on which WP page you look at. Unfortunately, many people enjoy poisoning the wells there, so it's never certain what is true or just made up for amusement.
@VINTERIUM..EXPLORIUM.1
@VINTERIUM..EXPLORIUM.1 5 ай бұрын
👍
@denominator208
@denominator208 3 ай бұрын
Great analysis! Thank you for this informative video.
@Dannykhc
@Dannykhc 2 жыл бұрын
Very interesting topic to ponder over. Speaking as a former quantity surveyor on the contractor side, perhaps a more reliable estimate would have been possible if there were a good set of general building plans along with the structural drawings to enable quantities to be "taken off" (using UK quantity surveying jargon) by a QS. That would allow a common basis for estimates of the total contract sum by contractors and consultants and subsequent tender comparison. If contractors are perhaps worried about any errors in quantities, perhaps the contract could be done on a remeasurement basis that would better allay their fears. From my experience, most of the delays and therefore additional cost in a project arise from construction work to do with the ground such poor ground conditions, underground obstructions, hard material, unforeseen utilities, water seepage into the excavation, etc, Once the substructure is completed, unless there are labour shortages and materials shortages, there is really nothing that will further obstruct a main contractor on the superstructure apart from incompetence in project management and foot dragging by the client over variations. Further cost and time savings could be had by using Building Information Modelling BIM for planning of the construction process and greater use of precast concrete elements made off-site. Talking about the substructure, if the Colosseum is built today using modern techniques, it would be reasonable to assume that it would use diaphragm walls for support for the substructure. That would be a site to behold, a massive excavation held up by diaphragm walls along with a great quantity of temporary works. Great video.
@giuliolupo
@giuliolupo 2 жыл бұрын
In reality it would be enough to restore it, recovering the missing parts elsewhere. . In Italy there is an amphitheater, very large and built by the same architects of the Colosseum, which has the lower half practically new and above all preserves almost all the columns and the relative capitals that adorned the last ring, the women's gallery (Matroneo). It is the Flavian Amphitheater of Pozzuoli.
@ShieldAre
@ShieldAre 2 жыл бұрын
This is an interesting back-of-the-envelope estimate, or a Fermi estimate. It might even be surprisingly accurate, because often when people make assumptions, they will overestimate one thing, and underestimate another, and in a happy coincidence these mistakes will often cancel each other out. If the assumptions are anywhere near to being correct, the real cost for building a replica of the Colosseum is almost certainly somewhere within an order of magnitude of one billion dollars. Perhaps something between 3 billion and 300 million, for example. That is a wide range, but still very useful in giving us some idea of the scale of the project. It tells us whether building a Colosseum-replica would be an astounding mega-project that only a major country could be able to do, or whether it is something that your average billionaire could build as some sort of personal project, or whether even some relatively wealthy multi-millionaire could afford it on a whim. A price tag of 3 billion max would mean that a major country could easily afford to build one just as easily as any other large stadium, that there are indeed a fair number of multi-billionaires who could probably afford to single-handedly finance the cost of building one, but that it would probably be out of the price range of even a hundred-millionaire.
@ReubenClough
@ReubenClough 5 ай бұрын
“god” bless this man for his extreme nerdiness…..it means that we get facts and very educated guesses instead of sensational nonsese….I Love it!
@yeeticus_maximus9616
@yeeticus_maximus9616 Жыл бұрын
I think Tennessee should be the place to build a new colosseum. We’ve got a weird obsession with antiquity in this state idk why. We’ve got several classical names for cities like Athens, Sparta, Lebanon, Antioch, Memphis (which literally has a pyramid in it), we refer to multiple of our stadiums as colosseums, and we built a replica of the Parthenon over a century ago in Nashville that’s still standing
@alwaysxl
@alwaysxl 9 күн бұрын
😭
@_lithp
@_lithp Жыл бұрын
The fact that it cost the same as a modern stadium just blows my mind. I can't believe wealth of this magnitude was even possible back then.
@QuantumHistorian
@QuantumHistorian 2 жыл бұрын
Do we also have estimates of: Imperial yearly revenues, and total GDP for the reign of Titus? Would be interesting to compare the cost of the Colosseum to these, to see how much of a strain it was on the state/the country.
@toldinstone
@toldinstone 2 жыл бұрын
Stay tuned...I have a video on the GDP of the Roman Empire planned for the relatively near future.
@leolego2
@leolego2 2 жыл бұрын
In those years and even partly now spending money on public infrastructure meant that the economy would go around more and benefit the workers. Much better to waste money that way than to invest it in a war where money did not come back if you lost
@munkittytunkitty
@munkittytunkitty 2 жыл бұрын
What fascinating questions and what brilliant research you undertook in order to answer them :)
@michaelvisconti869
@michaelvisconti869 2 жыл бұрын
As always a great video . Now if a replica was built where would be the best place to build one ? My choice would be outside of Las Vegas . Where would be your ideal place to build it ?
@tomcollins5112
@tomcollins5112 2 жыл бұрын
Vegas would be too hot. As far as climate goes, you can't beat San Diego.
@InstallaFriend
@InstallaFriend Жыл бұрын
Starting with a budget of £50bn: £100bn in planning and research, £100bn to lay the groundwork and £100bn to mysteriously vanish when the project is cancelled.
@scottishbarnss
@scottishbarnss 2 жыл бұрын
Could you do a similar video on the cost of Hagia Sophia and if that cost the eastern Romans the chance to re-conquer the Italian peninsula from the barbarians?
@aka99
@aka99 2 жыл бұрын
Good Point! I Would like to Know that too
@KingNik1994
@KingNik1994 2 жыл бұрын
An amazing video, like all of yours I've watched. Keep making interesting content :)
@nicksacco5041
@nicksacco5041 2 жыл бұрын
Good to know; I was considering building one around my house, but it looks like I’ll have some extra for a moat too. How much would that cost?
@dangermouse9348
@dangermouse9348 2 жыл бұрын
Fascinating video, I really enjoyed it. Thanks.
@automaticmattywhack1470
@automaticmattywhack1470 2 жыл бұрын
I'm going to go with Magnificus. No modern amenities like wiring, lighting, air conditioning ducts, etc. Plus no modern safety equipment like fire suppression, fire escapes, etc.
@johndododoe1411
@johndododoe1411 2 жыл бұрын
Lots of ductwork for water chilling and perfume though. Lots of hand cranked ventilation fans above the seating aeea.
@Waffles2-107
@Waffles2-107 2 жыл бұрын
Wow, I’m so impressed with just how smart the ppl in the comments are. Such massive intellects and great wealths of knowledge. You all deserve a round of applause. Thank you so much for sharing your off the charts IQ with the world. What would we do without you. It’s so amazing that so many intellectual anomaly’s have come together in the same comment section.
@theobserver9131
@theobserver9131 2 жыл бұрын
Obviously a reflection of the creator of the channel. There are a number of channels that do the same thing, so refreshing after slogging through the cesspool of the majority!
@djolley61
@djolley61 2 жыл бұрын
You've indirectly taught a great lesson in economics. Human labor has always been expensive. Today's human labor is very much more expensive, but is far, far more productive than 2000 years ago. This is why a modern brick layer can live better today than a king could 2000 years ago.
@faithlesshound5621
@faithlesshound5621 2 жыл бұрын
Adam Smith said something similar about the relative standard of living of a British working man in the 18th century compared to an African king of his own time. The key to how they felt about it, however, is that both then and two millennia ago the kings had far more power and control and were visibly better off than the labourers. What matters to a lot of people is not how high their standard of living is in absolute terms, but how it compares to everybody else.
@californiaplant-basedeater2761
@californiaplant-basedeater2761 2 жыл бұрын
The whole typical comparing the standard of living argument is always lacking the fact that many working class people (in the US, for example) are often a paycheck or two from being kicked out into the street. That kind of dread and mental weight does not allow one to live better than kings and queens, along with the subjugation of being underlings at various awful workplaces and much more ills of modern day society. A lot of it is overcomeable. A lot is also not... not to the extent that one can be as comfortable as a king with servants. Not that that is necessary to have happiness.
@sternamc919sterna3
@sternamc919sterna3 2 жыл бұрын
The best stone masons were never underpaid. Some were and have been very powerful and their associations and brotherhood had political influence. Some even funded the careers of famous politicians. That is a well kept secret😉
@zop57
@zop57 2 жыл бұрын
The Roman’s didn’t see things as impossible. They thought “how do we make it possible?”
@neilpieterse9614
@neilpieterse9614 2 жыл бұрын
I’m in construction and I considerd you invite on youtube. Very big construction isnt my forte so I opt out. Kudos to you and those who tried, I somehow think its $ 1 bilion and up. The problem with estimating is that you need detailed construction plans and from that a detailed bill of quantities with lots of room for variables and that alone will cost alot of money and thats before the project even started. Any case nice video!
@joshuapatrick682
@joshuapatrick682 11 ай бұрын
Did you genuinely expect a response from the joke that is our modern academic system? They have no desire to engage in thought experiments but to buddy up to corporations and government bureaucracy to increase the department’s budget
@danielkrcmar5395
@danielkrcmar5395 2 жыл бұрын
I read somewhere that the purchasing power of gold has stayed roughly the same since the Roman era, if you can convert to gold and then adjust that could be a roughly accurate estimate.
@Arakox
@Arakox 7 ай бұрын
$1 billion 13:45
@hughjanus7131
@hughjanus7131 5 ай бұрын
Thanks bro
@casualyoutubeviewer9198
@casualyoutubeviewer9198 4 ай бұрын
Mr. Did not watch the video. Theres multiple answers because we cannot translate Roman currency to USD.
@kartikkumar8470
@kartikkumar8470 3 ай бұрын
Thanks for spoiling the video asshole
@sawdusty8214
@sawdusty8214 2 ай бұрын
Thanks, you just saved me 13 minutes that I can waste elsewhere on KZbin.
@Arakox
@Arakox 2 ай бұрын
@@sawdusty8214 you are so welcome
@jeffreysetapak
@jeffreysetapak Жыл бұрын
Don't worry, the Chinese able to build you a coleseum at a much lower cost. The Chinese managed to build the exact replica of the whole Forbidden City 故宮紫禁城 and 圓明園 Yuanmingyuan summer palace that was built in rococo European style destroyed by the European and American army during the end of Qing Dynasty.
@PakaBubi
@PakaBubi 2 жыл бұрын
Meanwhile in China: hold my beer
@DavidAndersen84
@DavidAndersen84 Ай бұрын
Go away.
@middleburyastrology
@middleburyastrology 2 жыл бұрын
What a smart and interesting video to find...this is great... eye opening for both me and my 7 year old daughter...perfect :) Thanks!
@stefaanverschelde5852
@stefaanverschelde5852 2 жыл бұрын
The answer is 2 billion dollars, thank me later
@samshare2146
@samshare2146 2 жыл бұрын
Thank you for an excellent analytical analysis for what the Colosseum might cost to build today. I agree, as you surmised, that some things might be done cheaper due to modern technology while other parts might be more expensive due to higher labor cost. But, in order for someone to make the Colosseum today with the modern amenities and internal structure required to pass code, it will likely be much more expensive. The most expensive arenas/stadia of today are far more expensive than the high estimate given in your video. In fact, there are 10 that have cost at least $1b or more. It would be an impressive and monumental task if one should ever decide to build a new Colosseum. As for me...I am happy with the Lego version. It fits nicely in my study across from the Lego Taj Mahal...
@chasethebase5986
@chasethebase5986 2 жыл бұрын
3 to 8 billion if unions did the work!
@00nerd4
@00nerd4 2 жыл бұрын
I really enjoyed this video! If it does well maybe another on how much did roman roads cost per mile or league :)
@lonewulf44
@lonewulf44 2 жыл бұрын
Awesome video, as usual. I have to say, being from Indiana and specifically what we still claim as the limestone capital of the world, I'm very disappointed in my fellow Hoosiers for not responding to your request.
@Ep0nz
@Ep0nz 2 жыл бұрын
The history channel has a show starting Sunday (July 17th at 9pm east) called “colosseum”. It actually looks pretty good.
@TheDrewjirby
@TheDrewjirby 2 жыл бұрын
Knew I recognized your voice. Beige frequency lol. love the channel
@CrazyBrosCael
@CrazyBrosCael 2 жыл бұрын
The fact that some billionaire hasn’t built an ancient arena yet is just baffling. Sure, I don’t think you would make a profit from it, and would most likely be a financial loss, but it would certainty be able to last much, much longer than any modern stadium today. My best guess is that it would shine the most during movie sets/ musical concerts. Let’s see what the future has in stall, eh?
@protocetid
@protocetid 10 ай бұрын
this video hooked me on your channel
@welcome763
@welcome763 2 жыл бұрын
I think that since there were several exclusions from the pricing, ie. paying architects to design the building alone. Any setbacks would drive up costs as well
@andrasfogarasi5014
@andrasfogarasi5014 2 жыл бұрын
Improper surveying of the area would necessitate that the foundations be relaid 4 months after the beginning of construction. A quarter of the material would turn out to be substandard after delivery. Government regulation would change 1 year in, resulting in the plans needing to change once again. The workers would regularly steal gasoline from the vehicles. Equipment would become damaged after a freak storm. Several work safety violations would lead to a string lawsuits. The investors would hurry the construction along the entire way, resulting in a variety of planning errors. The architect would have a nervous breakdown and quit. No matter how much money you give it, the project would end up 7 years behind schedule and 11 times over-budget before being cancelled.
@Odysseus38
@Odysseus38 2 жыл бұрын
holy shit the amount of work you put in to figure out how much it would cost to build today
@ososkid
@ososkid 8 ай бұрын
As a construction project manager, who works on homes and not large scale projects, I think your first guy, Magnificus, who accounted for a lack of modern amenities bringing costs down, was on to something. At the other end of the spectrum was Jim Williams who put a lot of thought into his proposal, but what he gave you was the budget he was going to open negotiations with, fully knowing he’s not getting that budget
@johnnycasteel7
@johnnycasteel7 Ай бұрын
Fun fact: project cost estimators are always wrong
@TWOCOWS1
@TWOCOWS1 2 жыл бұрын
thank you Doc. done logically and systematically. Ab Fab!
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