Cost for Minnesota United’s Allianz Field still rising … to $250 million

The price tag for Allianz Field, the under-construction home of Minnesota United, previously increased from $150 million to $200 million, and this week, the MLS club said the cost will be more like $250 million.

Besides tax exemptions and the city of St. Paul paying for some basic infrastructure, that bill will be paid in full by United’s ownership group.

“As we move ahead and get a better understanding of the pieces as we build it out and all the bids, we make some modifications and stuff. It’s accumulating,” United principal owner Bill McGuire said Tuesday. “It’s considerably higher than we talked about in the beginning, and when we move in, we will have a final accounting of how to really talk about it. But it’s a substantive investment.”

McGuire also said earlier cost estimates were on the conservative side for a stadium the club believes will be one of the best in MLS.

“I think it’s all good things,” he added. “I don’t think there is money wasted here. It’s to make a great experience for the fans and for the players.”

The 19,400-seat stadium on the corner of Snelling Avenue and Interstate 94 is more than 50 percent complete and scheduled to open for the Loons’ 2019 home opener next April.

Read The Rest at Twin Cities News Feed- (opens a new tab)