Newly reported figures from Hennepin County confirm what was predicted earlier this year: debt on Target Field, home of the Minnesota Twins, could be paid off a decade earlier than projected. (more…)
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Target Field Debt Could Be Paid Down Early
Debt on Target Field, home of the Minnesota Twins, could be paid off a decade early thanks to a robust economy generating higher-than-anticipated sales-tax receipts, lower interest rates and refinancing of the original bonds used to back the project. (more…)
Twins, Pohlad company developing area west of Target Field
The area west of Target Field, already being developed as a transit hub, will also sport an amphitheater, retail, a parking ramp, public spaces and potentially a hotel under a deal struck by Hennepin County, the Minnesota Twins and United Properties. United Properties is a privately owned commercial real-estate development and investment firm owned by […]
Target Field big tax winner for Minnesota, Minneapolis
Tax revenues generated by Target Field, the new home of the Minnesota Twins, were significantly higher in 2010 than in 2009, when the team wrapped up a final season in the Metrodome. How much higher? Well, the state of Minnesota pulled in $11.6 million from fans at Target Field, $6.6 million higher than in 2009. […]