"ST. PAUL, Minn. -- The Minnesota Vikings have their local partner. Now it's up to the state legislators to determine if they're willing to pay their share.
The team announced at a media conference on Tuesday afternoon it has agreed to partner with Ramsey County on a retractable-roof, multipurpose stadium project that would cost $1.057 billion, including $884 million for the stadium and $173 million for infrastructure, parking and environmental costs.
"It's football season in Arden Hills," Ramsey County commissioner Tony Bennett said.
The Vikings would contribute $407 million -- 44% of the cost of the stadium and 39% of the overall cost -- toward the project, which would be completed on an abandoned munitions site in the suburb of Arden Hills.
The county would commit $350 million (33%) through a half-cent sales tax and the state would be asked to pay $300 million (28%) through a variety of usage-based taxes.
"We believe we have selected the ideal site here in Arden Hills for a new stadium in Minnesota," Vikings owner Zygi Wilf said."
via ESPN1500.com
A couple other highlights...
21,000 Parking spaces, which means one thing: TAILGATING.
The field would also double as an olympic sized soccer field and Wilf was quoted as saying he is committed to bringing MLS to Minnesota.
Very exciting stuff. Although there is a debate about whether or not it should be placed at the Metrodome site in downtown Minneapolis instead.
Thoughts, comments, concerns?
Posts
No comments:
Post a Comment