I wasn�t especially surprised to read in this today�s papers that the
Vikings are not interested in pursuit of a stadium to be used both by
the University of Minnesota and the Vikings.  Not enough money in it
for them they say.

http://www.twincities.com/mld/twincities/sports/football/nfl/minnesota_vikings/4604595.htm
http://www.startribune.com/stories/510/3456993.html

I heard an interesting comment last night from an architect who knows a
fair amount about the proposed stadium deals.  I think what he said
intuitively makes sense.  He says that you can support a baseball
stadium because with 80 some dates per year you generate enough money
from spending both at the event and related to the event (i.e. before
or after the event in drinks, meals, hotels, parking, shopping, etc.)
to pay for the venue.  With football only having 10 dates a year you
don�t even come close to an economic justification.

Why build 2 (or 3) competing public facilities?  We�ve done that with
Target Center vs. Xcel Center.  First we bought the Target Center, now
owned in one form or another by Minneapolis, then we (State of MN)
supplied the money for St. Paul to build Xcel.  Now Target is losing
events to Xcel placing financial problems on Target in meeting its debt
payments and keeping it up to date.

The Vikings want us to forget this mistake and build multiple outdoor
venues?

I�m still skeptical about the economic impact, I�m uncertain how much
of the money spent is money that wouldn�t otherwise be spent in the
metro area or in the state.  Does anyone have any idea where that data
might be available?



Terrell Brown
Loring Park, Minneapolis
terrell at terrellbrown dot org




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