Mega American Embassy complex opens in Baghdad

Just days after the U.S. military formally handed authority of Baghdad's "Green Zone" over to the Iraqis, the new American Embassy opened in Baghdad.

The new U.S. Embassy covers 104 acres and is the largest in the world, housing 1,200 U.S. diplomats, soldiers, and government staff from 14 federal agencies, according to a U.S. State Department news release.

"As our military presence ramps down, many other aspects of our relationship are going to ramp up," U.S. Ambassador Ryan Crocker told CNN.

The original price tag on the 27-building complex was $592 million, but a congressional report from 2007 -- citing State Department documents -- indicated the cost could end up $144 million higher.

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