At its peak, the new Vikings stadium will be 320 feet above the playing surface. That’s about 30 stories high, or about half the height of the IDS Center. The MSFA said this week the crane in the picture below will be about the height of the low end of the sloped roof.
Here’s the ledger on the new Vikings stadium, as totted up at the Minnesota Sports Facilities Authority meeting this morning. The bottom line: about an eighth of the money has been spent.
There are some interesting numbers in this chart: the Vikings clearly have a lot of seat licenses to sell. About a quarter of the team contribution will be paid directly by fans who’ll pay licenses, ranging from $500 to nearly $10,000 dollars a seat.
Even if the Vikings have covered the $25 million in marketing and financing costs baked into the $125 million gross sale number they set, they still need $97 million in cash from fans to pay that slice of the team’s $477 million share.
It’s also interesting what isn’t on this chart: the Vikings committed today to another $600,000 to prepare to almost double the size the video board on the west end of the stadium: it’s now going to be almost 7 stories high. They’re also spending another $630,000 to put video walls in the premium lounges for the Fire and Ice clubs.
Poppen MPR News
Vikings CFO Steve Poppen says that’s on top of the $26.4 million contingency that the team committed to in November, which could be above and beyond the original $975 million sticker price.
Poppen wasn’t ready to say that $26 million contingency is already gone, but if they have to put in yet more cash up front, that seems a good indication that the stadium cost is now on the books, somewhere, for more than $1 billion.
The $1.2 million in upgrades unveiled Friday puts the team’s tentative contribution for the stadium at $505 million, up from the $477 million initially pledged.
The last remnants of the Hubert H. Humphrey Metrodome were hauled off the site of the downtown stadium this afternoon. The demolition was scheduled to wrap up by May 15, but it is four weeks ahead of schedule, according to the Minnesota Sports Facilities Authority.
“This is the first contract that has been completed on our way to the new stadium. It’s a major milestone for the project,” MSFA chairwoman Michele Kelm-Helgen said in a statement this morning.
That’s despite some surprises: the upper “ring beam” partially collapsed during the demolition in February, forcing crews to halt the demolition of the stadium and turn to explosives to safely bring the stadium down.
Frattalone Companies hauled out 4,910 truckloads of demolition debris since the last game was played in the stadium on December 29th. The roof was deflated on January 18th.
Read the rest of the nitty gritty here (note that the truck counts were amended after this release):
Construction crews started pouring concrete into the ground in Lowertown St. Paul this afternoon — sometimes right on top of the footings for the old Diamond Products building that once stood at the site of the new Saints stadium. Read more →
Construction crews poured the first “deck” of the new Vikings stadium today. The 277 cubic yard pour will be the top of the loading dock at the new stadium. Here’s the video of the occasion today, courtesy the Minnesota Vikings and the Minnesota Sports Facilities Authority: The Vikings also said that crews will start removing Read more →
It’s hard to believe it has been just 99 days since the Vikings played their last game in the Metrodome. Since then, the roof has been deflated and two separate explosions have helped bring down the 30-year-old baseball and football stadium. Here’s how the on-the-ground demolition looked, in a time-lapse sequence of the photos the Read more →
From Associated Press: Minnesota’s Super Bowl committee has submitted a preliminary bid to host the 2018 game. The proposal to host the NFL championship on Feb. 4, 2018, was sent to the league Tuesday. The Vikings revealed some details of the bid, which included a list of 48 potential venues throughout Minneapolis, St. Paul and Read more →