By Phil Matier

SAN FRANCISCO (CBS SF) — The price of the Metropolitan Transportation Commission’s shiny, new San Francisco office has sky-rocketed to more than a quarter-billion dollars, roughly $90 million more than originally estimated.

It’ll house MTC, the agency in charge of toll money and other major transit projects, and up to three other agencies.

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After being serenaded by drag queen Donna Sachet, politicos cut the ribbon on the new $257 million metro center to house the Bay Area’s ever growing transit planning bureaucracy Wednesday.

MTC chairman Dave Cortese said this is a huge step for regional cooperation.

Huge is right, with eight stories of offices and chat spaces, complete with coffee bars, outdoor patio, a new high-tech commission meeting room and its own state of the art TV control center, it’s huge.

And like so many transportation projects, it went way over budget.

From $167 million to $257 million.

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“You get started pulling things apart and the next thing you know there is a little bit more to do,” Cortese explained.

In this case, about $90 million more.

Alameda County Supervisor Scott Haggerty said that he has been “concerned” about the project, but said “ultimately I think the building’s proved to be working well.”

$257 million spent, and what do we get for that?

Well, Muni isn’t going to be getting any less crowded and BART is still going to ask taxpayers for $3.5 billion to keep it running. And bridge tolls will likely be going up as well.

“It gets the best planners all in the same space,” Cortese said.

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In all, some 1,200 public employees and tech company workers are expected to call the new center home.