Cost Of Minnesota Vikings New Stadium

- 13.47

Local stadiums' naming rights yield cash and secrecy - StarTribune.com
photo src: www.startribune.com

U.S. Bank Stadium is a fixed-roof stadium in the north central United States, located in the Downtown East section of Minneapolis, Minnesota. Built on the former site of Hubert H. Humphrey Metrodome, the indoor stadium opened in 2016 and is the home of the Minnesota Vikings of the National Football League (NFL); it also hosts early season college baseball games of the University of Minnesota Golden Gophers (NCAA).

The Vikings played at the Metrodome from 1982 until its closure in 2013; during construction, the Vikings played two seasons (2014, 2015) at outdoor TCF Bank Stadium on the campus of the University of Minnesota. The team's first home was Metropolitan Stadium in Bloomington (1961-1981), now the site of Mall of America.

On June 17, 2016, U.S. Bank Stadium was deemed substantially complete by contractor Mortenson Construction, six weeks before the ribbon-cutting ceremony and official grand opening on July 22. Authority to use and occupy the stadium was handed over to the Vikings and the Minnesota Sports Facilities Authority. The Vikings played their first pre-season game at U.S. Bank Stadium on August 28; the home opener of the regular season was in week two against the Green Bay Packers on September 18, a 17-14 victory.

It is the first fixed-roof stadium built in the NFL since 2002, when the Detroit Lions' Ford Field opened. As of March 2015, the overall budget was estimated to be $1.061 billion, with $348 million from the state of Minnesota, $150 million from the city of Minneapolis, and $551 million from the team and private contributions.

U.S. Bank Stadium is scheduled to host Super Bowl LII on February 4, 2018, the 2019 NCAA Final Four, the 2020 NCAA Division I Wrestling Championships, and the ESPN X Games in 2017 and 2018.


Vikings, Wilfs increase stadium contribution to $526 million ...
photo src: profootballtalk.nbcsports.com


Maps, Directions, and Place Reviews



Design

While the Vikings' owners wanted an outdoor stadium, the state and local governments would only provide funding for an indoor stadium that is able to host major events like the Super Bowl and the Final Four, and a retractable roof, the trend in 2010s football stadiums, would have been too expensive.

Architecture firm HKS, Inc., also responsible for the Dallas Cowboys' AT&T Stadium and the Indianapolis Colts' Lucas Oil Stadium, decided to go for a lightweight translucent roof and glazed entrances with giant pivoting doors, aiming to get as much natural light from the outside as possible. The roof is made up of 60% Ethylene tetrafluoroethylene (ETFE), a fluorine-based clear plastic, and is the largest in North America, spanning 240,000 square feet (22,000 m2) supplied and installed by the firm Vector Foiltec. ETFE's low R-factor and the roof's slanted design, inspired by Nordic vernacular architecture, allows the stadium to endure heavy snow loads. Snow accumulates in areas that are more safely and easily accessible, and also moves down the slanted roof into a heated gutter, the water from which drains to the nearby Mississippi River.

The translucent roof and large wall panels also give fans a view of downtown Minneapolis. The glass operable wall panels will allow the stadium to experience some of the outdoor elements while providing protection from the snow, rain, and the cold winter weather. The stadium is aligned northwest and the elevation at street level is approximately 840 feet (255 m) above sea level.

Crystal Cathedral comparison

The design for U.S. Bank Stadium has been compared to the Crystal Cathedral in southern California, which was created by architect Philip Johnson. Opened in 1980, Crystal Cathedral was previously considered America's largest glass-dominated building. The stadium, which likewise sports transparent roofs, walls, and giant rotating doors, has the world's five largest pivoting doors.

Capacity

The seating capacity is 66,665 for most games, slightly more than the Metrodome, and can be expanded to 73,000 for special events, such as the Super Bowl.

Attendance Record


Cost Of Minnesota Vikings New Stadium Video



Metrodome lease

The Vikings' lease with the Metropolitan Sports Facilities Commission (MSFC), as signed by both parties in August 1979, kept them in the Metrodome until 2011. The lease was considered one of the least lucrative among NFL teams; it included provisions where the commission owned the stadium, and the Vikings were locked into paying rent until the end of the 2011 season. For several years prior to the Metrodome's demolition, however, the Metropolitan Sports Facilities Commission waived the team's nearly $4 million rent. The Vikings paid the MSFC 9.5% of their ticket sales; the commission "reserve[d] all rights to sell or lease advertising in any part of the Stadium," the team could not use the scoreboard for any ads, and the team did not control naming rights for the building. Additionally, the commission controlled the limited parking and its revenue and paid the team 10% of all concession sales while retaining roughly 35% of concessions sold during Vikings games. The Vikings were 30th out of 32 NFL teams in local revenues in 2005. The Vikings, as well as the stadium's other tenants, continually turned down any proposals for renovating the Metrodome itself. 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. The university would eventually open its own TCF Bank Stadium in 2009.


Here Are 5 Amazing Things About the Minnesota Vikings' New Stadium ...
photo src: fortune.com


Downtown Minneapolis

From the outset, Zygi Wilf, a billionaire from New Jersey and principal owner of the Vikings since 2005, had stated he was interested in redeveloping the downtown site of the Metrodome no matter where the new facility was built. Taking into consideration downtown Minneapolis' growing mass transit network, cultural institutions, and growing condo and office markets, Wilf considered underdeveloped areas on 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. 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. As a result, once negotiations for a different location had been put aside, the Vikings focused on proposing a stadium that would be the centerpiece of a larger urban redevelopment project.

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. 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.


High-tech roof is in place for winter at new Vikings stadium ...
photo src: www.startribune.com


Proposal timeline

2007

On April 19, 2007, the MSFC and the Vikings unveiled their initial plans for the stadium and surrounding urban area, with an estimated opening of 2012. 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.

As of 2007, the stadium would have held approximately 73,600 people and was to have been complete by August 2011. The initial proposal did not have the final architectural design renderings, but did include key features that were to have been included in any final plan, including the plans for neighboring urban development. These included 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. The roof would have allowed Minneapolis to remain a potential venue for the Super Bowl and Final Four, both of which had been held at the Metrodome. The proposed urban plan itself was received with cautious welcome.

The 2007 proposed cost estimate for the downtown Minneapolis stadium was $953,916,000. The total broke 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. The estimate compared to then-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). In addition, according to Wilf, taking into account the costs for the surrounding urban developments put forth in the proposal would have brought the estimated total to $2 billion. The estimated costs were based on projected 2008 construction and material costs, so it would have been possible that the stadium costs could have hovered near $1 billion if the Minnesota State Legislature had not approved the project in the 2008 session.

No proposals were made, at that time, for paying for the stadium. The MSFC and Vikings made initial pitches to the Minnesota State Legislature during the end of the 2007 session, but expected to make serious efforts during the 2008 legislative session. The Vikings proposed creating a Minnesota Football Stadium Task Force, which they expect would take 24 months to plan the stadium.

2008

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

2009

Feasibility studies for Dallas-based design and local construction of a new stadium were expected in early 2009. Roy Terwilliger, 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 MSFC 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 St. Paul, the sole female member of the commission, voiced opposition and later voted with the majority.

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 $84 million less than the previous proposal, but with $50 million per year more scheduled for each year that construction is delayed. Vikings officials boycotted the presentation which estimated the total cost at $870 million, or $770 million if the sliding roof were omitted.

2010

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

The 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. Minnesota Governor Mark Dayton discussed the matter with NFL commissioner Roger Goodell, but said "any new stadium must first benefit the people of Minnesota".

2011

City of Minneapolis Proposal

After Hennepin County stopped their pursuit of a Vikings stadium, the city of Minneapolis submitted a plan for a Vikings' stadium at the downtown Metrodome site. The Minneapolis plan was for a fixed-roof stadium costing an estimated $895 million. The proposal also included funding solutions for $95 million in renovations to the 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 the three years of construction. Because the Minneapolis dome site was a less expensive option, football fans were expected to return to the Minneapolis plan if the shortfall in the Ramsey County plan were not realized.

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. The site of the stadium would be the former Twin 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 called for an $884 million stadium and an additional $173 million for on-site infrastructure, parking and environmental costs.

Ramsey County said the Vikings would commit $407 million to the project, which would have been about 44% of the stadium cost and 39% of the overall cost. The county's cost would have been $350 million, to be financed by a half-cent sales tax increase. The state of Minnesota's cost would have been $300 million. This totalled about $1.057 billion, leaving at least a $131 million shortfall.

2012

On March 1, 2012, Governor Dayton announced an agreement for a new stadium to be built on the site of the Metrodome, pending approval by the state legislature and the Minneapolis city council. The $975 million project, half of which would be publicly funded, would be patterned after Lucas Oil Stadium. It would utilize part of the footprint of the Metrodome and would only require the Vikings to play at TCF Bank Stadium during the final year of construction. The agreement met with mixed reaction, and some criticized the proposal as being unfair to taxpayers and a giveaway to team owners.

On May 10, 2012, the Minnesota Legislature approved funding for a new Vikings stadium on that site. The project is projected to have a $975 million price tag, with the Vikings covering $477 million, the state covering $348 million, and $150 million covered by a hospitality tax in Minneapolis. The city of Minneapolis must pay a total of $678 million over the 30-year life of the deal, including interest, operations, and construction costs. The bill was signed by Gov. Dayton and received the approval of the Minneapolis City Council on May 25, 2012. The Vikings played in the Metrodome through the 2013 season, as construction did not require the dome's immediate demolition. Under the leadership of Vikings COO Kevin Warren, the team moved to TCF Bank Stadium on the University of Minnesota campus until the new stadium is complete.

2013

On May 13, 2013, the Minnesota Sports Facilities Authority (MSFA), the Minnesota Vikings, and HKS Sports & Entertainment Group together unveiled the new stadium's design.

2014

In January 2014, a lawsuit was started by former Minneapolis mayoral candidate Doug Mann and two others to block the construction of the new stadium. The suit questioned the constitutionality of the stadium's funding plan and delayed a $468 million bond sale. Officials warned the delay could stall the project's timeline and add costs. The lawsuit was later dismissed by the Minnesota Supreme Court.


usbs_bowl_eastlocation_new2.jpg
photo src: minnesota.cbslocal.com


Charitable gambling funding shortfall

The State of Minnesota's portion of the cost of the stadium was to be funded by revenue from a proposed new charitable gambling source, which was dubbed electronic pulltabs. When the stadium funding bill was passed in the legislature and signed by the governor on May 14, 2012, the new revenue from the games was estimated to be $34 million for 2013, and rising each year thereafter.

November 2012 revenue forecast

Six months later, the first budget estimate from the Minnesota Office of Management and Budget was released, revising the projected revenue from the electronic pulltab games. This first revision cut the estimated revenue from the game for 2013 by 51%, to $16 million (versus the legislation's estimate of $34 million).

From page 15 of the Minnesota Management and Budget Complete Forecast, November 2012: "For FY 2013, the projected reserve balance has been reduced from $34 to $16 million. Projected new gambling revenues from stadium legislation are expected to be $18 million (51%) below end of session estimates." "The forecast reduction reflects a slower than expected implementation of electronic gaming options and reduced estimates for daily revenue per gaming device."

February 2013 revenue forecast

In March 2013, the Minnesota Office of Management and Budget released another updated budget forecast for fiscal years 2013 to 2017. Included in this forecast was another revision in the projected revenue from charitable gambling sources, from the previous estimate of $16 million, down to $1.7 million, a further 90% reduction in the estimate for 2013 revenue. This total was a 95% reduction from what was estimated in the stadium bill passed in May 2012.

From page 12 of the Minnesota Management and Budget Complete Forecast, February 2013: "The forecast for lawful gambling revenue has been reduced $15 million in FY 2013 and $46 million in FY 2014-15. Slower than expected implementation of electronic gambling options and a reduction in estimates for daily revenue per gambling location were the reasons for the revenue reduction".

Political fallout from projected shortfall

As a result of the projected shortfall, members of the Minnesota Legislature and the Governor's office began discussing ideas to fix the shortfall. The legislature decided to impose an inventory tax on cigarettes to make up for any shortfall over the next year of construction and closing of a corporate income-tax loophole for the following years.

Uptick in revenue

The state reported in July 2016 that pulltab revenue is "soaring" and that there is optimism in Minneapolis about its continuing to rise.


Is Vikings stadium as much as $50 million over budget? Officials ...
photo src: www.startribune.com


Construction

In August 2012, the Minnesota Sports Facilities Authority (MSFA)--the stadium's newly created owner--received bids and plans from five architectural and engineering firms, all nationally-recognized stadium designers, including Populous, AECOM, EwingCole, and HNTB. On September 28, 2012, the MSFA selected the Dallas firm of HKS, Inc., which had designed both AT&T Stadium and Lucas Oil Stadium within the previous decade, to serve as the project's architect. HKS also designed Globe Life Park in Arlington, home of the Texas Rangers; the Milwaukee Brewers' Miller Park in Milwaukee, Wisconsin; and renovations to the Chicago White Sox's Guaranteed Rate Field. Initial design plans were not immediately released to the public, but Viking officials said they hoped the budget would allow the new stadium to include a retractable roof, walls, or windows. The design team also planned to incorporate interactive technology into some elements to create a more engaging fan experience.

Construction of the facility was originally slated to begin in October 2013, but was delayed until December 3, 2013, as an ongoing investigation of the Wilfs' finances continued to take place after a 21-year lawsuit against them came to a conclusion in late August. On August 27, 2015, one worker died and another was injured after falling during construction on the U.S. Bank Stadium roof. Minneapolis Fire received the call for a tactical rescue at the stadium at 7:48 AM, crews were on scene shortly afterwards by 7:54 AM Jeramie M. Gruber, 35, of Northfield and the other injured worker were employed by St. Paul-based Berwald Roofing Co. which had been cited 6 times since 2010 for OSHA violations regarding improper fall protection for workers. The Occupational Safety and Health Administration (OSHA) investigated the incident. As a result of the investigation U.S. Bank Stadium contractor Mortenson Construction and subcontractor Berwald Roofing face fines of $173,400 for "serious" and "willful" safety violations. The reports don't provide an explanation of the accidents, but the largest fine, $70,000, and most serious alleged violation faults Berwald for willfully failing to have workers use proper fall protection while working at heights above 6 feet.

On June 15, 2015, the Vikings announced that U.S. Bank had acquired the naming rights to the stadium. The naming deal is worth $220 million over 25 years.


Photos: The new stadium says the Vikings are coming | Minnesota ...
photo src: www.mprnews.org


Major events

On May 20, 2014, the NFL awarded Minneapolis Super Bowl LII. Indianapolis and New Orleans had also made bids for the game. On November 14, 2014, the NCAA announced the stadium will host the men's basketball Final Four in 2019. In May 2015, Governor Mark Dayton announced a bid to host the College Football Playoff National Championship in 2020. However, on November 4, 2015, it was announced that the game was awarded to New Orleans. This was the first losing bid for a major sporting event offered to be held at the stadium. On July 20, 2016, it was announced that U.S. Bank Stadium and Minneapolis would host the 2017 and 2018 summer X Games.

The first sporting event at U.S. Bank Stadium was a soccer match between AC Milan and Chelsea FC on August 3, 2016, as part of the 2016 International Champions Cup.

The first NFL game at the stadium was the Week 3 preseason game against the San Diego Chargers on August 28, 2016. Although the Vikings scored first with a field goal, the Chargers scored the first touchdown in the new stadium. The Vikings ultimately won, 23-10.

The first NFL regular season touchdown was scored by Green Bay Packers wide receiver Jordy Nelson on September 18, 2016. The Vikings would go on to win the game 17-14.


Construction | Stadium Watch | Minnesota Public Radio News
photo src: blogs.mprnews.org


Soccer

The Vikings said the design includes a soccer field measuring 115 by 74 yards to accommodate a potential Major League Soccer expansion team. In 2012, the Vikings received a five-year window to host a Major League Soccer team in the state's legislation to finance the stadium, and the Vikings ownership launched a bid to own an expansion franchise. In December 2014, Vikings Vice President Lester Bagley presented rendering of the stadium configured for a potential Major League Soccer team, with tarps and curtains covering the upper deck to bring the capacity down to 20,000. He said the stadium was "being built specifically with soccer in mind" and drew a contrast with Gillette Stadium, New England Revolution's home field, which he called "a football stadium".

On March 16, 2015, the Vikings announced they ended their expansion bid after MLS informed them that they preferred the bid by Minnesota United with its own plan for a smaller, outdoor stadium in Saint Paul.


New Vikings stadium among sports venues that cost more than NASA's ...
photo src: www.sportingnews.com


Baseball

As with the Metrodome, the new stadium will have the capability to host baseball games in the winter months. The University of Minnesota will play selected games, primarily during February and March, including hosting the Dairy Queen Classic, a non-conference series of games featuring top NCAA teams in Minnesota that was suspended during stadium construction.

The stadium's first baseball game was between Century College and Iowa Central on February 24, 2017. The University of Minnesota were scheduled to play the first baseball game at the new stadium, but converting it from Supercross to baseball took stadium officials longer than projected. Minnesota ended up playing Seattle University later on that same day as the third game at the stadium, first indoor home game for the university since the Metrodome.


Plastics News
photo src: www.plasticsnews.com


Concerts

As part of the opening weekend festivities for the stadium, two concerts were held: country artist Luke Bryan on August 19, 2016, and heavy metal band Metallica performing the following night, August 20. Prince, a Minneapolis native, was in preliminary talks to perform the first concert at the new stadium in August 2016, but he died on April 21.


Tim Nelson | Stadium Watch | Minnesota Public Radio News
photo src: blogs.mprnews.org


Crowd Noise

U.S. Bank Stadium was designed using an acoustically more reflective material than the old Metrodome, ETFE, which creates a very loud environment for opposing teams. It is already known as one of the loudest stadiums in the NFL.

Registered Decibel Levels:

  • 114 - Vikings vs. Chargers, (Aug. 28, 2016)
  • 105 - International Soccer Match - Chelsea vs. A.C. Milan, (Aug. 3, 2016)

Record crowd noises for the top loudest NFL stadiums:

  • 142.4, Arrowhead Stadium (Sep. 29, 2014) Kansas City Chiefs vs. New England Patriots
  • 137.5, CenturyLink Field (Dec. 2, 2013) Seattle Seahawks vs. New Orleans Saints
  • 122.6, Mercedes-Benz Superdome (Dec. 9, 2013) New Orleans Saints vs. Carolina Panthers
  • 118.0, Hubert H. Humphrey Metrodome (Oct. 27, 1991) Minnesota Twins vs. Atlanta Braves

The loudest ever indoor stadium noise level is 126.0 set in Sleep Train Arena on Nov. 15, 2013 during a Sacramento Kings basketball game.

Source of the article : Wikipedia



EmoticonEmoticon

 

Start typing and press Enter to search