Vikings Stadium

From Wikipedia, the free encyclopedia
Jump to: navigation, search
New Vikings Stadium
(Working Title)
VikingsStadium-Proposal.jpg
Location 900 South 5th Street
Minneapolis, Minnesota 55415
Coordinates 44°58′26″N 93°15′29″W / 44.97389°N 93.25806°W / 44.97389; -93.25806Coordinates: 44°58′26″N 93°15′29″W / 44.97389°N 93.25806°W / 44.97389; -93.25806
Opened Not yet approved
Construction cost $ 870,000,000 or US$ 770,000,000 without sliding roof (est.)
Capacity 73,000
Tenants
Minnesota Vikings (NFL)

The Vikings Stadium is the working title of a proposed but unbuilt stadium for the Minnesota Vikings of the National Football League (NFL) in Minneapolis, Minnesota. An alternate title is Metrodome Next.[1] It would be the franchise's third, replacing their current domed stadium, the Hubert H. Humphrey Metrodome.

Contents

Current Metrodome lease

The Vikings' current lease with the Metropolitan Sports Facilities Commission (MSFC), as signed by both parties in August 1979, keeps them in the Metrodome until 2011.[2] The lease is considered one of the least lucrative among NFL teams; it includes provisions where the commission owns the stadium, and the Vikings are locked into paying rent until the end of the 2011 season. For the past 9 seasons, however, the Metropolitan Sports Facilities Commission has been waiving the team's nearly $4 million rent.[3] The Vikings pay the MSFC 9.5 percent of its ticket sales; the commission "reserves all rights to sell or lease advertising in any part of the Stadium" and the team cannot use the scoreboard for any ads and does not control naming rights for the building; the commission controls the limited parking and its revenue; and the commission pays the team 10 percent of all concession sales, which in 2004 and 2005, amounted to just over half a million for the team each year while the MSFC takes roughly 35 percent of concessions sold during Vikings games.[4] The Vikings were 30th out of 32 NFL teams in local revenues in 2005.[4] The Vikings, as well as the stadium's other tenants, have continually turned down any proposals for renovating the Metrodome itself.[4] A plan for a joint Vikings/University of Minnesota football stadium was proposed in 2002, but differences over how the stadium would be designed and run, as well as state budget constraints, led to the plan's failure.[5]

Downtown Minneapolis

From the outset, Zygi Wilf, the New Jersey billionaire and principal beneficiary of the publicly funded project,[6] had stated he was interested in redeveloping the downtown site of the Metrodome no matter where the new facility was built.[4] Taking into consideration downtown Minneapolis' growing mass transit network, cultural institutions, and growing condo and office markets, Wilf considered underdeveloped areas on the Downtown's east side, centered on the Metrodome, to be a key opportunity and began discussing the matter with neighboring landholders, primarily the City of Minneapolis and the Star Tribune.[4] An unrelated 2008 study explains that the effect of the media, in this case an uncritical Star Tribune, matters a great deal in helping a stadium initiative.[7] As a result, once the negotiations for the Anoka County location had been put aside, the Vikings focused on proposing a stadium that would be the centerpiece of a larger urban redevelopment project.[4]

Wilf's Vikings began acquiring significant land holdings in the Downtown East neighborhood around the Metrodome in June 2007, the Vikings acquired four blocks of mostly empty land surrounding the Star Tribune headquarters from Avista Capital Partners (the private equity owner of the Star Tribune) for $45 million; it is also believed the Vikings have first right of refusal to later buy the paper's headquarters building.[8] In May 2007, the Vikings also acquired three other downtown parking lots for a total of $5 million, and have made a bid for a city-owned, underground parking ramp next to the neighborhood's light rail station.[8]

Proposal Timeline

2007

On April 19, 2007, the Metropolitan Sports Facilities Commission and Vikings unveiled their initial plans for the stadium and surrounding urban area, with an estimated opening of 2012.[9] The plan included substantial improvements to the surrounding area, including an improved light rail stop, 4,500 residential units, hotels with a combined 270 rooms, 1,700,000 square feet (160,000 m2) of office space and substantial retail space.[9]

As of 2007, the stadium would hold approximately 73,600 people and is expected to be complete by August 2011. The initial proposal did not have the final architectural design renderings, but did include key features that are to be included in any final plan, including the plans for neighboring urban development. These include demands for a retractable roof, an open view of the surroundings (particularly the downtown skyline), a glass-enclosed Winter Garden alongside the already-existing adjacent Metrodome light-rail stop, leafy urban square with outdoor cafés and dense housing around its edges, aesthetic improvements to roads connecting the stadium to nearby cultural institutions, and adaptive reuse of neighboring historic buildings.[10] The roof would allow Minneapolis to remain a potential venue for the Super Bowl and Final Four, both of which have been held at the Metrodome. The proposed urban plan itself was received with cautious welcome.[11]

The 2007 proposed cost estimate for the downtown Minneapolis stadium was $953,916,000.[12] The total breaks down to $616,564,000 for the stadium, $200,729,000 for a retractable roof, $58,130,000 for parking, $8,892,000 for adjacent land right-of-way, and $69,601,000 to take into account inflation by 2010.[12] The estimate compares to upcoming stadiums in Indianapolis at $675 million (retractable roof, completed 2008), Dallas at $932 million (retractable roof, completed 2009) and New York at $1.7 billion (open-air, completed in 2010).[12] In addition, according to Wilf, taking into account the costs for the surrounding urban developments put forth in the proposal would bring the estimated total to $2 billion.[8] The estimated costs were based on projected 2008 construction and material costs, so it is possible that the stadium costs could hover near $1 billion if the Minnesota State Legislature does not approve the project in the 2008 session.[13][dated info]

No proposals have been made, as of now, to how it would be paid for.[9] The Metropolitan Sports Facilities Commission and Vikings made initial pitches to the Minnesota State Legislature during the end of the 2007 session, however they expect to make a serious effort during the 2008 legislative session.[14] The Vikings proposed creating a Minnesota Football Stadium Task Force, which they expect would take 24 months to plan the stadium.[14]

2008

Following the September 2008 Sports Facilities Commission vote to start feasibility studies for re-using the Metrodome, an unrelated study released for 38 U.S. cities[15] found that "when a [NFL] team wins, people's moods improve,"[16] and that personal income for residents of a city with an NFL team with 10 wins increases about USD $165 per year.[16] While true for NFL football, for comparison, professional baseball and basketball gain no personal income for residents.[16]

2009

Feasibility studies for Dallas, Texas-based design and local construction of a new stadium are expected in early 2009.[17] Roy Terwilliger, who is a former Republican state senator from Edina, Ray Waldron, an AFL-CIO leader, and the Dome engineering expert and CEO, Bill Lester and Steve Maki, of the Sports Facilities Commission selected architectural firm HKS of Dallas and construction manager Mortenson of Minnesota over the objections of Paul Thatcher and Timothy Rose of Minneapolis-St. Paul, who preferred Ellerbe Beckett and Kraus-Anderson, both of Minnesota. Loanne Thrane of Saint Paul, the sole female member of the commission, voiced opposition and later voted with the majority.[18]

In December 2009, commission chairman Terwilliger said, "We know what the art of the possible is at this particular location." A new proposal for 65,000 seats with a sliding roof was unveiled at US$84 million less than the previous proposal, but with US$50 million per year more scheduled for each year that construction is delayed.[19] Vikings officials boycotted the presentation which estimated the total cost at US$870 million, or US$770 million if the sliding roof is omitted.[19]

2010

The most recent Vikings stadium proposal was dealt a setback on May 5, 2010, when a Minnesota State House panel defeated the proposal by a 10-9 vote.

The new stadium debate was revived in the aftermath of the Metrodome's roof deflation on December 12, 2010; which forced the relocation of the Vikings' final two home games of the 2010 season and led to more calls for a new stadium from various sources in the local and national media.[20][21] Minnesota Governor Mark Dayton plans to discuss the matter with NFL commissioner Roger Goodell, but says "any new stadium must first benefit the people of Minnesota".[22]

2011

City of Minneapolis Proposal

After Hennepin County stopped their pursuit of a Vikings stadium[23], the city of Minneapolis submitted a plan for a Vikings' stadium at the downtown Metrodome site. The Minneapolis plan is for a fixed-roof stadium costing an estimated $895 million. The proposal also included funding solutions for $95 million in renovations to the Minnesota Timberwolves' Target Center. The team reacted with skepticism to the proposal and did not want to play at nearby 50,000 seat capacity University of Minnesota TCF Bank Stadium during three years of construction.[24] Because the Minneapolis dome site is a cheaper option, football fans may return to the Minneapolis plan if the shortfall in the Ramsey County plan is not realized.[25]

Ramsey County Proposal

In May 2011, Ramsey County officials announced they had reached an agreement with the Minnesota Vikings to be the team’s local partner for a new stadium, subject to approval by the Minnesota Legislature and to approval of a sales tax by the Ramsey County Board.[26] The site of the stadium would be the former Twins Cities Army Ammunitions Plant in Arden Hills, which is about 10 miles from the Metrodome in Minneapolis and is a Superfund clean up site. The agreement calls for an $884 million stadium and an additional $173 million for on-site infrastructure, parking and environmental costs.[27]

Ramsey County said the Vikings would commit $407 million to the project, which is about 44 percent of the stadium cost and 39 percent of the overall cost. The county's cost would be $350 million, to be financed by a half-cent sales tax increase.[27] The state of Minnesota's cost would be $300 million.[26] This totals about $1.057 billion, leaving at least a $131 million shortfall.[25] Minnesota Vikings and the State of Minnesota agreed the total of fixing roads would be $131 million.

References

  1. ^[dead link]http://www.msfc.com/tour.cfm
  2. ^ Tom Scheck, Anoka County walks away from Vikings' plan, Minnesota Public Radio, November 20, 2006.
  3. ^ Weiner, Jay (November 17, 2009). "As interim solution, stadium commission offering new deal to keep Vikings in Dome". MinnPost. http://www.minnpost.com/stories/2009/11/17/13530/as_interim_solution_stadium_commission_offering_new_deal_to_keep_vikings_in_dome. Retrieved 2009-12-23. 
  4. ^ a b c d e f G.R. Anderson, Jr., Eye of the Beholder, City Pages, January 3, 2007.
  5. ^ Tom Scheck, Committee kills Vikings stadium plan, Minnesota Public Radio, February 18, 2002.
  6. ^ Borzi, Pat (August 19, 2005). "Vikings' Owner Makes a Name for Himself". The New York Times. http://www.nytimes.com/2005/08/19/sports/football/19vikings.html. Retrieved 2009-12-23. 
  7. ^ Delaney, Kevin and Eckstein, Rick (February 2008). "Local Media Coverage of Sports Stadium Initiatives". Journal of Sport & Social Issues 32 (1): 72–93. doi:10.1177/0193723507311674. http://jss.sagepub.com/cgi/content/abstract/32/1/72. Retrieved 2009-12-23. 
  8. ^ a b c Paul Levy, Vikings, Star Tribune close land deal, Star Tribune, June 21, 2007.
  9. ^ a b c Paul Levy, Vikings stadium: Great view, but who pays?, Star Tribune, April 19, 2007.
  10. ^ The plan's key ingredients, Star Tribune, April 19, 2007.
  11. ^ David Peterson, Urban planners see sketches as first step, Star Tribune, April 19, 2007.
  12. ^ a b c Cost Comparison, Star Tribune, April 19, 2007.
  13. ^ Paul Levy, Stadium could cost $1 billion, Star Tribune, June 21, 2007.
  14. ^ a b Paul Levy, No Vikings stadium bill now, but next year, maybe?, Star Tribune, May 19, 2007.
  15. ^ Davis, Michael and End, Christian M. (undated). "A Winning Proposition: The Economic Impact of Successful NFL Franchises" (PDF). Economic Inquiry (planned) via Copley Press. http://uniontrib.com/more/nflfranchises. Retrieved 2008-10-04. 
  16. ^ a b c Stetz, Michael (October 4, 2008). "Winning football season is found to convert into cash". San Diego Union Tribune (Copley Press). http://www.signonsandiego.com/news/metro/20081004-9999-1n4winning.html. Retrieved 2008-10-04. 
  17. ^ Vomhof, John (September 26, 2008). "Commission picks designers for Metrodome project". Minneapolis / St. Paul Business Journal (Advance Publications). http://twincities.bizjournals.com/twincities/stories/2008/09/22/daily35.html. Retrieved 2008-09-28. 
  18. ^ Weiner, Jay (September 26, 2008). "New Vikings stadium: High drama at Stadium Commission". MinnPost. http://www.minnpost.com/jayweiner/2008/09/26/3677/new_vikings_stadium_high_drama_at_stadium_commission. Retrieved 2008-09-28. 
  19. ^ a b Bakst, Brian (Associated Press) (December 18, 2009). "New Vikings stadium proposal: $870M, no pay plan". AP via Google. http://www.google.com/hostednews/ap/article/ALeqM5hxkEjEaxvPe9jaZeZk2983fJV2swD9CL8LN07. Retrieved 2009-12-23. 
  20. ^ Chris Erskine, Metrodome roof collapse had to be a sign from above, Los Angeles Times, December 13, 2010, Accessed December 14, 2010.
  21. ^ Pat Borzi, With Their Dome Deflated, the Vikings Still Need a Home, The New York Times, December 14, 2010, Accessed December 14, 2010.
  22. ^ Mike Kaszuba,On December 26, 2010 the Zigi Wilf the Vikings owner agreed to accept an outdoor stadium. Dayton meeting with NFL commissioner, Star-Tribune, December 17, 2010, Accessed December 17, 2010.
  23. ^ http://www.startribune.com/local/west/121351714.html
  24. ^ http://www.startribune.com/local/minneapolis/121518294.html
  25. ^ a b Lambert, Brian (May 11, 2011). "Plenty of doubts Ramsey County can pull off stadium deal". MinnPost. http://www.minnpost.com/dailyglean/2011/05/11/28220/plenty_of_doubts_ramsey_county_can_pull_off_stadium_deal. Retrieved May 12, 2011. 
  26. ^ a b Duchschere, Kevin (May 10, 2011). "Ramsey County Vikings? $1 billion stadium agreement says yes". Star Tribune. http://www.startribune.com/sports/vikings/121580574.html. Retrieved May 10, 2011. 
  27. ^ a b Associated Press (May 10, 2011). "Vikings, Ramsey Co. announce stadium deal". Star Tribune. http://www.startribune.com/sports/vikings/121580574.html. Retrieved May 10, 2011. 

External links

Personal tools
Namespaces
Variants
Actions
Navigation
Interaction
Toolbox
Print/export