((HT: KARE-TV Minneapolis-St Paul))
Ramsey County ((MN)) announced a partnership with the Minnesota Vikings for a new stadium in the town of Arden Hills.
The agreement calls for an $884 million stadium and an additional $173 million for on-site infrastructure, parking and environmental costs, bringing the total project costs to US$1.057 billion.
The Vikings will commit $407 million to the project - 44 percent of the stadium costs and 39 percent of the overall costs. The state of Minnesota would commit $300 million. The county's $350 million share would be financed with a half-cent sales tax increase.
Plans call for a retractable-roof, multi-purpose stadium, with seating for 65,000. According to a county press release, seating could be expanded to 72,000 for other events, such as a Super Bowl.
The site would also have an estimated 21,000 parking spaces.
Here's Zygi Wilf before the official announcement...
Now, let's see how long it takes for it to be built... and if it will fit on the site and in the county proper...