Minnesota Twins to Put Money Into Building Stadium

Wed March 12, 2008 - Midwest Edition
CEG



MINNEAPOLIS (AP) The Minnesota Twins say they’ll put more money into their new ballpark because material and construction costs are rising faster than expected, and they don’t want to cut amenities.

The stadium, which is due to open in 2010, is over its $390 million budget by a “significant amount,” Twins Sports president Jerry Bell said Jan. 25.

“It’s a lot of different items, not any one thing,” Bell said. “But we’re committed to this design, and we don’t want to change it. So it means we’ll pay a little more.”

Bell would not reveal how much more the project will cost, saying he wants to tell the Stadium Authority Board and the Hennepin County Commission first.

The Twins initially agreed to pay $130 million of the ballpark’s cost, In October, team owner Carl Pohlad kicked in an additional $15 million to help settle a dispute over the purchase price of the property.

Bell said construction is already well under way and on schedule.