When Delaware Art Museum leaders announced in 2001 an ambitious plan to nearly double the size of the institution's Kentmere Parkway location, they likely had no clue the project would threaten to bankrupt the institution – twice.
In the end, the $32.5 million expansion plagued by cost overruns and construction delays saddled the museum with a crushing debt, which severely depleted its investment reserve fund and discouraged corporate and individual donations.