New Vikings owner Zigi Wilf has announced a rough estimate on the cost of a new stadium for his new team:
Minnesota House Speaker Steve Sviggum said he was told by new team owner Zygi Wilf that a new Vikings home would cost between $700 million and $760 million, with the Vikings and Anoka County each paying $250 million to $280 million for the actual building.
On top of the team and county shares, the state would create a tax increment financing district to capture $200 million for construction of surrounding infrastructure, Sviggum said he was told.
… The Vikings and Anoka County want to build the stadium as part of a $1.5 billion commercial development on 740 acres at Interstate 35W between 101st and 109th avenues. The county has been focusing on a roofed stadium so events could be held throughout the winter. Wilf has said he’s partial to an open-air stadium to bring back a tradition lost when the team moved into the Metrodome.
The Twins want a new stadium and the Gophers want a new on-campus stadium, so we’ll wait and see what is to come.