Reporter Rochelle Olson updates you on the construction of the new Minnesota Vikings stadium in downtown Minneapolis.

Meeting set for Friday on stadium costs

Posted by: Janet Moore Updated: November 19, 2013 - 12:48 PM

The Minnesota Sports Facilities Authority, the public body overseeing construction of the $975 million Vikings stadium, will meet Friday morning to discuss true construction costs related to the project.

This discussion over the "guaranteed maximum price" or GMP of the stadium was supposed to occur more than a week ago, but reports have surfaced about the authority and the Vikings being far apart in terms of what stays in the project, and what goes. Construction manager Mortenson Construction and architect HKS Inc. are also deeply involved in the negotiations.

The construction budget is $737 million -- and we've reported that bids have come in $20 million to $30 million higher than expected. On Friday, the public will learn more about the construction budget. Once the GMP issue is settled, a ceremonial groundbreaking will take place on Dec. 3, and the state will issue bonds to help pay for its portion of the project.

MSFA chairwoman Michele Kelm-Helgen said earlier this month that the stadium is still on track for a summer 2016 opening. That's in time for the 2016 Vikings season.

Janet Moore covers commercial real estate for the Star Tribune.

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Date/Opponent Time W L Score
2013 preseason     
Aug 9 - vs. Houston 7 pmX27-13
Aug 16 - at Buffalo 6 pmX20-16
Aug 25 - at San Francisco 7 pmX34-14
Aug 29 - vs. Tennessee 7 pmX24-23
2013 regular season     
Sep 8 - at Detroit NoonX34-24
Sep 15 - at Chicago NoonX31-30
Sep 22 - vs. Cleveland NoonX31-27
Sep 29 - vs. Pittsburgh (in London) NoonX34-27
Oct 6 - Bye
Oct 13 - vs. Carolina NoonX35-10
Oct 21 - at. NY Giants 7:40 pmX23-7
Oct 27 - vs. Green Bay 7:30 pmX44-31
Nov 3 - at Dallas NoonX27-23
Nov 7 - vs. Washington 7:25 pmX34-27
Nov 17 - at Seattle 3:25 pmX41-20
Nov. 24 - at Green Bay Noon26-26
Dec 1 - vs. Chicago NoonX23-20
Dec 8 - at Baltimore NoonX29-26
Dec 15 - vs. Philadelphia NoonX48-30
Dec 22 - at Cincinnati NoonX42-14
Dec 29 - vs. Detroit NoonX14-13

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