Skip to main content
Updated:
Original:

City council finalizes deal details for Saints stadium

Author:

Another step forward for the new $62 million Saints baseball stadium as St. Paul's city council voted 5-0 Wednesday to issue $8.5 million in bonds toward construction of the Lowertown facility.

The Pioneer Press reported that the council then convened as the Housing and Redevelopment Authority and okayed a $600,000 loan to the Saints to make technical amendments to a downtown tax-increment financing district.

The loan funds will serve as a guarantee for an additional $8.8 million in bonds for the project approved Tuesday by the St. Paul Port Authority.

KSTP reports the city's overall contribution to the project adds up to $24 million.

Construction of the 7,000 seat stadium is expected to begin in April and will be completed in time for the 2015 season. In addition to Saints games, the stadium will also host youth baseball, college games and non-sporting events like concerts.

Earlier this week, the eight banks and financial institutions that will underwrite bonds for the new Vikings stadium in downtown Minneapolis were named.

Next Up

robbery

St. Paul restaurateur's businesses burglarized a 6th time

The owner of The Gnome and Hope Breakfast Bar is asking politicians to help St. Paul business owners.

North Memorial Air Care

Teen suffers life-threatening injuries in head-on crash in southern MN

The 18-year-old was airlifted to a Mayo Clinic hospital in Rochester.

foo fighters grohl mr rossi wikimedia

Foo Fighters abruptly cancel Gophers stadium show hours after announcing it

The band is looking for a new venue because of a disagreement over COVID protocols.

lush

LUSH in Minneapolis to reopen under new ownership in December

FOX 9's Jason Matheson and two popular performers are among the new owners of the revived bar and restaurant.

unsplash roller blade close

Lace up: Indoor skating returns to US Bank Stadium this winter

The venue announced 13 Winter Warm-Up dates for both skaters and runners.

covid

More than 1,500 people are hospitalized with COVID-19 in MN

Minnesota's hospital systems continue to be under tremendous strain.

state patrol

3 killed in trio of crashes in Minnesota on Monday

The crashes happened in St. Louis, Winona and Carver counties.

2560px-Foo_Fighters_-_Southside_Festival_2019_4184_-_1

Foo Fighters reveal 2022 Twin Cities tour stop

The show will require proof of COVID vaccination or a negative test.

MSP airport

Police investigating after large fight caught on video at MSP Airport

People threw punches, broke chairs and tossed stanchions during the incident.

Hennepin County Government Center

Driver who killed innocent man, dog while drag racing is sentenced

The victim and his dog were struck while trying to cross the street.

SHSK MAPLE GROVE DT-03

Shake Shack's first drive-through to open in Maple Grove next week

The COVID-19 pandemic forced Shake Shack to become more accessible.

Related