Kaohly Her, Craig Leipold unveil details on Grand Casino Arena renovations
Summary
St. Paul Mayor Kaohly Her and Minnesota Wild owner Craig Leipold announced details of a $600 million renovation plan for the Grand Casino Arena and surrounding complex, now branded “Capital City Live.” They are requesting $200 million in state bonding funds to cover one-third of the project’s cost. The renovations, slated to take three years, aim to modernize the 26-year-old arena, add public spaces, and accommodate a new professional volleyball team starting in 2027. Improvements also include upgrades to the adjoining Roy Wilkins Auditorium, with an initial $75 million phase focusing on accessibility and general upkeep. The Wild organization has committed to a long-term lease extension and will contribute $162.5 million to the project, covering any cost overruns. Funding will come from a combination of state bonds, the team’s contribution, and the city’s half-cent sales tax, dedicated in part to the arena while continuing to support cultural programs. The plan avoids raising property taxes or seeking funds from Ramsey County.
(Source:Twincities)