The North Metro Business Alliance has five words for anyone thinking a new Minnesota Vikings stadium should be built in Minneapolis – Do not forget Arden Hills.
On the eve of the first state Capitol hearing on a proposed $975 million stadium in Minneapolis, business leaders in Ramsey County touted the advantages Tuesday of moving the project back to Arden Hills. "We're trying to refocus it back on Arden Hills," said Tim Roche, the president of the Twin Cities North Chamber of Commerce.
Roche said many officials still believe the proposal to build the Vikings a $1.1 billion stadium in Ramsey County's Arden Hills was dealt with unfairly by state officials, and that the plan to build it in Minneapolis not only has not been subject to the same scrutiny but contains significant disadvantages.
In a four-page comparison of the two stadium proposals, the business group said that the agreement between the state, city and the Vikings to build in Minneapolis was a "sweetheart deal for the team" and "provides major concessions to the team that were not included in the Ramsey County proposal."
Among the differences, according to the business group:
-- In Minneapolis, the Vikings will pay 60 percent of operating costs. In Arden Hills, the team would pay for all operating costs.
-- In Minneapolis, the Vikings get all game-day revenues. In Arden Hills, the receipts from the team's personal seat licenses were capped.
-- In Minneapolis, the Vikings will not be required to open their financial books for review. In Arden Hills, they would be required.