U.S. Bank Stadium, a football stadium located in Minneapolis, Minnesota, is the home field of the National Football League’s Minnesota Vikings. It replaced the Metrodome as the team’s home stadium after its demolition in 2014. The Vikings played their first regular season game at U.S. Bank Stadium on September 18, 2016, against their NFC North rival Green Bay Packers.
The US Bank Stadium is a multi-purpose stadium located in the downtown area of Minneapolis, Minnesota. The stadium was built on the former site of Hubert H. Humphrey Metrodome, which has hosted the Minnesota Vikings since 1982 and the Minnesota Twins since 2010. The stadium is home to both teams and hosts many other events throughout the year. The Vikings play their home games at Mall of America Field in Minneapolis during the preseason, while the Twins play their home games at Target Field in Minneapolis during that time period.
The stadium was designed by Populous (formerly HOK Sport), who also designed several other notable stadiums including Lucas Oil Stadium in Indianapolis, Mercedes-Benz Stadium in Atlanta, and Wembley Stadium in London. The design has been compared to those of AT&T Stadium in Dallas and Ford Field in Detroit due to its long roof ridges that run parallel to each other along its length. It also features an open roof overhang supported by steel trusses that span between columns on its east side, giving it a unique look compared to other stadiums that have similar features such as Levi’s Stadium or Gillette Stadium (both located near San Francisco).
The opening of this stadium was a significant event for Minnesotans because it marked an end to decades of debate about replacing the Metrodome with a new facility for professional sports teams and concerts.
In addition to being used by the Minnesota Vikings and other local high school teams, U.S Bank Stadium has hosted major sporting events such as Super Bowl LII and Final Four games.
The Vikings are the first NFL team to be worth $2 billion. They’re also the first NFL team to have a $1 billion stadium. That’s because Minnesota taxpayers footed much of the bill for U.S. Bank Stadium but not all of it. The owners are still on the hook for hundreds of millions more due to construction costs, interest payments, and other expenses associated with building an enormous sports facility that has helped transform downtown Minneapolis into a vibrant city center in its own right.”
Location
The stadium is located in downtown Minneapolis, on the site of the former Metrodome, which was demolished in February 2014. The stadium is located near Target Field, home of the Minnesota Twins; U.S. Bank Stadium can be seen from its parking lot overlooking downtown Minneapolis.
The Vikings played their first regular season game at U.S. Bank Stadium on September 18, 2016, against the Green Bay Packers with a final score of 17-14 to Green Bay.
The stadium has a fixed roof and is designed to allow the lowest possible temperature for outdoor football games. It can be reached from Downtown East using the METRO Green Line light rail.
Foundation
The foundation of your stadium is the part that keeps it standing. It’s also a critical part of any structure, but especially so for a stadium that will host thousands of people every week.
The foundation must be designed to support the weight of the stadium and withstand wind and earthquake forces. It should also provide adequate drainage because water can cause serious damage if it seeps into your building’s walls or floors.
In order to prevent this kind of damage from occurring, you’ll need to set your foundation on solid ground, ideally something like bedrock or clay. If there isn’t enough soil available in these areas (or if removing it would cause too much disruption), then you may have no choice but to fill in what’s there with concrete first before pouring new material underneath it together.
Labor cost
Labor costs are the biggest expense in building a stadium, so it’s no surprise that labor accounts for 30 percent to 40 percent of the total cost. There are several ways that labor costs can be reduced, including using prefabricated components and materials. Precast concrete is often used in place of traditional masonry because precast concrete requires less labor.
It is also possible to reduce labor costs by using prefabricated components and materials. Precast concrete is often used in place of traditional masonry because precast concrete requires less labor.
Maintenance cost
Maintenance costs are $1 million per year. The Vikings pay for this, as they own the stadium. The maintenance cost covers cleaning, repairs, and upkeep of the facility. This includes:
- Cleaning and repair of seats, suites, and restrooms
- Roof maintenance including snow removal
- Turf maintenance (including heaters)
- Drainage system repairs/replacement.
In the past, the Vikings have covered these expenses with revenue from stadium naming rights and other events held at US Bank Stadium. However, those revenue streams have declined in recent years. In 2018, there were only two events held at US Bank Stadium Super Bowl LII on February 4th and an AC/DC concert on June 23rd (which sold out). That’s a far cry from 2016 when the stadium hosted 13 different events including two concerts by Prince and three high school football championships.
How long does it take to build U.S. Bank Stadium?
The U.S. Bank Stadium is a massive, impressive building that took three years to complete. The building was built in Minneapolis, Minnesota, and opened its doors on July 22nd, 2016 as the new home of the Minnesota Vikings football team. It’s no surprise that this incredible stadium would be expensive to build but just how much does it cost?
What can you do at U.S. Bank Stadium?
You can go to U.S. Bank Stadium to watch a football game, soccer match, or concert. It’s also the home of the Minnesota Vikings and Minnesota Twins (baseball).
If you’re looking for something to do with your family and friends, there are plenty of options too. You could have a picnic on the lawn or watch an event in one of our premium clubs.
We have the best views of Minneapolis, so you can take in all of the city’s beauty. If you want to see what’s happening on the field, there are plenty of options for viewing. Dress up and watch an event from one of our premium clubs or have a picnic on our lawn.
What is the temperature inside U.S. Bank Stadium?
U.S. Bank Stadium has a climate-controlled environment that lets you enjoy the game in comfort. The temperature inside U.S. Bank Stadium is controlled by a series of cooling towers and air handlers that maintain an average indoor temperature of about 68 degrees Fahrenheit (20 degrees Celsius). Temperatures can rise up to 80 degrees Fahrenheit (27 degrees Celsius) during warm summer days or drop below freezing during winter games, but overall, fans will stay comfortable at most events held in this stadium.
The stadium’s heating and cooling systems are designed with the goal of maintaining a comfortable temperature for fans in all seating areas. The system is activated when the outside temperature drops below 55 degrees Fahrenheit (12 degrees Celsius) or rises above 86 degrees Fahrenheit (30 degrees Celsius).
The current cost is estimated to be $1.28 billion.
The current cost is estimated to be $1.28 billion. Cost overruns are expected to total $222 million, including interest payments on construction bonds. The two families who built the us bank stadium paid almost half a billion dollars from their own pockets.
The price tag for this project is around $1 billion dollars which makes it one of the most expensive stadiums ever built.
The stadium was also built with private funding. The Minnesota Sports Facilities Authority has a 30-year lease agreement with the Vikings for use of the stadium, which runs through June 2044. Once complete, the U.S bank stadium will be home to both the NFL’s Minnesota Vikings and Major League Soccer’s MNUFC (Minnesota United FC).
Projected cost overruns are expected to total $222 million, including interest payments on construction bonds.
Projected cost overruns are expected to total $222 million, including interest payments on construction bonds. This is a huge amount of money and the Vikings owners are paying for it, as well as the State of Minnesota.
The new stadium has a fixed price tag of $1 billion, but the final construction cost is expected to be higher than that. It’s currently projected to cost an extra $222 million, including interest payments on construction bonds.
The Minnesota Vikings are responsible for the construction cost overruns and interest payments on bonds, as well as their share of the stadium’s $1 billion price tag. The team has said it will pay $477 million toward construction costs; that figure includes the cost of land and infrastructure improvements.
It has only cost $700 million so far because taxpayers have been footing the bill.
The Minnesota Vikings are paying back the cost overruns with interest. The team’s owners, the Wilfs, originally projected that they would pay back the state $350 million of its cost over 10 years. Instead, they’re paying back around $400 million.
The Wilfs have also agreed to pay an additional $50 million if certain conditions are met by 2023, if the team’s revenue grows faster than inflation and if construction costs stay below or at least match what was budgeted at the time of construction.
Vikings owners Zygi and Mark Wilf, who paid for most of the cost of building U.S. Bank Stadium with private funds, have put up almost $500 million of their own money to pay off construction debt.”
The Wilf family paid for the stadium with private funds and put up almost $500 million of their own money to pay off construction debt.
The Wilf family’s ownership group was awarded a Super Bowl, which will be held in February 2018.
The Wilfs have been the owners of the Vikings since 2005 when they bought the team from Red McCombs. In 2012, they reached a deal with Minnesota to build a new stadium on land near the Metrodome. The ground was broken in 2013 and construction was completed in 2016; it opened for business in August.
It was built in 2016, but they are still paying for it today due to its size and complexity.
It took three years to build U.S. Bank Stadium, which was completed in 2016. The stadium was built on the site of former Metrodome, which was torn down in 2013.
The cost of building the U.S. Bank Stadium is $1.28 billion, making it one of the most expensive stadiums ever built.
The stadium is home to the Minnesota Vikings of the National Football League (NFL) and has a capacity of 64,000 for football games. The stadium also hosts large concerts and other events, with a capacity of as high as 70,000 people. It was designed by HKS Architects and built by Mortenson Construction.
The price tag for this project is around $1 billion dollars which makes it one of the most expensive stadiums ever built.”
The price tag for this project is around $1 billion dollars which makes it one of the most expensive stadiums ever built. The stadium cost $1.1 billion and was funded entirely by tax-exempt bonds issued by the Minnesota Sports Facilities Authority, which also paid for its design and construction. This makes it more than double the cost of any other NFL stadium, and more than triple that of Met Life Stadium, which at $1.6 billion is currently the most expensive sports arena in North America.
The two families who built the stadium paid almost half a billion dollars from their own pockets to help pay for its construction – though they did so during a time when both had recently sold off large portions of their respective companies: Zygi Wilf sold his stake in the Vikings while his brother Mark Wilf sold his shares in Valspar Corp., an industrial coatings company based in Minneapolis.
The Two Families Who Built US Bank Stadium Paid Almost Half a Billion Dollars From Their Own Pockets
Two families are responsible for almost half a billion dollars of the cost to build US Bank Stadium, and they paid out of their own pockets.
The Wilf family paid $477 million and the Pohlad family paid $520 million. The Wilfs are paying back their debt over 20 years, meaning that at its peak rate, it will cost them about $20 million per year (including interest). The Pohlad’s have already repaid their portion in full.
The stadium was funded by taxpayers, but the Wilfs and Pohlad’s should not be held responsible for this. They did not take advantage of the public funding to build their stadiums; they paid for them themselves. The Minnesota Vikings are a private business, which means that it is free to make its own decisions about how much money it wants to spend on stadium construction. However, if the team wanted to use taxpayer dollars to help pay for the stadium, then it should have been required to share profits with taxpayers as part of that deal.
The Vikings have been playing at the University of Minnesota’s TCF Stadium while they wait for the new stadium to be completed.
The Vikings played their first game at U.S. Bank Stadium on August 19th, 2016. It was an incredible day for all Minnesotans who got to witness this historic moment.
