Minneapolis mayor pitches Twin Cities for new Vikings stadium

Posted Oct. 24, 2011 @ 3:55 p.m.
Posted By PFW staff

Minneapolis mayor R.T. Rybak said Monday that a new stadium for the Vikings could be built in the Twin Cities cheaper than the one proposed for the suburb of Arden Hills.

The stadium plan under consideration in Arden Hills has an expected cost of $1.1 billion.

Following a meeting with Gov. Mark Dayton about potential stadium ideas, Rybak said that the city project could be funded through a citywide sales tax increase.

Ramsey County, which includes Arden Hills, already has approved a 0.5 percent increase in sales tax to pay for its $350 million share of the suburban stadium. The Vikings have agreed to pay a little more than $400 million plus cost overruns. The state, which is responsible for $300 million, has yet to decide how its portion of the money will be paid for.

No formal proposal has been presented on a Twin Cities stadium. The Vikings have said that their primary focus has been on getting a stadium in Arden Hills.