Skip to main content

Authority responds to property suit near Dome; pre-game plaza in peril?

  • Author:
  • Updated:
    Original:

A lawsuit against the Metropolitan Sports Facilities Authority over a privately owned parcel that figures significantly into the Vikings stadium plans saw a couple new wrinkles Friday.

For starters, the MSFA said the price that Minneapolis Venture, which bought the land near the Dome's light rail transit station in 2007, wants for negotiation is "grossly inflated," according to the Minneapolis-St. Paul Business Journal.

The valuations of the property, located between Park Avenue and Kirby Puckett Place and between Fourth and Fifth streets, are widely disparate, says the Biz Journal. Bob Lux, owner of Minneapolis Venture, wants some $25 million; the tax assessment in 2011 put the value at $4.5 million.

Much of the go-ahead for anything involving development around the stadium proposal is key, especially when it comes to different entities meeting parking space requirements.

According to Minneapolis Venture, part of Lux's Alatus LLC, owner of Block E, a use agreement allowing the public access to the plaza expires at the end of October, reports MinnPost.

Vikings fans' pre-game festivities on the one-block plaza in front of the Metrodome could cease Oct. 31 if the implications of a lawsuit filed by the owner of the land play out, the St. Paul Pioneer Press reports. No music, no food, no drink, no good times.

The MSFA on Friday responded to Lux's lawsuit, claiming he has an obligation to enter good faith negotiations with the state agency to extend its use rights.

The MSFA has used the plaza under a 2003 agreement its precursor organization, the Metropolitan Sports Facility Commission, signed with the city of Minneapolis. The agreement was transferred to Minneapolis Venture.

The Star Tribune calls it a "nasty dispute" and says that an appraisal shows the land and parking ramp are worth double the authority’s appraised value of $12.9 million.

Next Up

Screen Shot 2022-04-25 at 11.00.01 AM

Walz wants to use surplus money to send direct payments to Minnesotans

It's a renewed effort from a previous proposal from Walz and Lt. Gov. Peggy Flanagan's supplemental budget in January.

Ron Johnson

Jan. 6 committee says aide for WI senator tried to give fake elector info to Pence

The attempt was discovered through text messages in the ongoing public hearing held by the Jan. 6 select committee.

Stock U of M sign

Minnesota state colleges boosting tuition again by 3.5%

The Minnesota State system's Board of Trustee's approved the increase Wednesday.

covid

Minnesota's COVID-19 update for Friday, June 24

The next daily update will be provided Monday, June 27.

Pro choice rally

Walz, Jensen react to historic Supreme Court reversal of Roe v. Wade

After voting to overturn Roe, conservative Justice Clarence Thomas has hinted contraception and same-sex marriage protections should follow.

16362 County Rd 81, Maple Grove, Minnesota - October 2021 (4)

2-year-old killed in crash on County Road 81 in Maple Grove

The crash occurred Thursday evening on County Road 81.

police tape

BCA issues new details about St. Michael standoff, shooting

New details say a St. Cloud police officer struck the suspect with gunfire.

Screen Shot 2022-06-23 at 2.21.45 PM

92-year-old driver killed in rural Scott County crash

The crash happened around 12:30 p.m. Thursday.

Screen Shot 2022-06-24 at 7.29.06 AM

Big-time rain totals flood Highway 10 in central Minnesota

More rain and storms are expected Friday and Saturday morning.

image

Charges: Driver had just left local bar before deadly Shakopee crash

Witnesses said they were unable to help the 19-year-old Eden Prairie man who died in the crash after becoming trapped.

Chet Holmgren

Thunder selects Chet Holmgren 2nd overall in NBA Draft

The Minneapolis native becomes the highest-drafted Minnesotan in NBA history.

Screen Shot 2022-06-23 at 2.21.45 PM

One airlifted after crash on rural Scott County highway

The State Patrol shut down Highway 282 in both directions Thursday afternoon.

Related