Minnesota United will hold a ceremonial groundbreaking for its $150 million soccer stadium on Monday, according to the Star Tribune.
   * The Major League Soccer team’s ownership will privately fund the 22,000-seat stadium, which will sit on a former bus storage site owned by the city of St. Paul.
   * The stadium site plan overlaps with that of a shopping center next door, and although the two parties allegedly have been trying to hammer out a deal, United owner Bill McGuire said a variety of factors have "made the project complex."

Dive Insight:

After the groundbreaking, the team will begin moving forward with site work on the stadium site. In March, St. Paul approved an $18.4 million spend to improve the infrastructure around the stadium. The city said it will utilize tax-increment financing to fund approximately $16.9 million of work on storm sewers, landscaping, lighting, parking, sidewalks and adjacent streets but will use grants to cover the remaining balance.

In March, developers revealed their plans to make the stadium the centerpiece of a 34.5-acre mixed-use development featuring public plazas, retail and office space, a hotel and housing.  

The team announced in March that it had contracted with Minnesota-based sports venue expert Mortenson to build the stadium. Mortenson is just coming off the success of the $1.1 billion Minnesota Vikings U.S. Bank Stadium project this summer. The company also built the Target Center for the NBA’s Minnesota Timberwolves and the Minnesota Twins’ Target Field.

 

Source:constructiondive.com

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