Twenty-three-year-old Target Center is one of the oldest venues in the NBA. Today, the Minneapolis City Council unanimously approved a long-awaited, $97 million plan to finance its renovation.
They gave the green light for a deal that calls for $48.5 million from Minneapolis coffers, added to $43 million from the Lynx and the Timberwolves and $5.5 million from building manager AEG. $50 million of the total haul will be used for ongoing improvements.
Next up, designers will get to work plotting out an updated exterior -- think glass instead of concrete -- new gathering points, and better general amenities, like restrooms. Construction is expected to start at the end of the current Timberwolves season.
Though the City Council unanimously approved the plan, they first re-tread Vikings stadium ground, the Star Tribune's Eric Roper reports. Today's vote sparked debate on whether the sales tax legislation that financed the new football stadium also paved the way for this deal, or whether Minneapolis could have funded the revamp without it.