St. Paul Seeks Funding Amid Budget Concerns
St. Paul Seeks Funding Amid Budget Concerns

St. Paul Seeks Funding Amid Budget Concerns

News summary

St. Paul, alongside the Minnesota Wild, is seeking $394 million in state funding to renovate the Xcel Energy Center, the St. Paul RiverCentre, and the Roy Wilkins Auditorium, with the total project costing $769 million. The proposed renovation aims to modernize the 25-year-old facilities, which are seen as vital economic engines for the city, generating $383 million annually in local revenue. The project plans to create an entertainment district that will boost economic growth and create approximately 2,300 construction jobs. The Minnesota Wild will contribute 30% ($216 million) of the costs, with St. Paul and Ramsey County covering the remaining 20% ($159 million). Mayor Melvin Carter argues that this investment will breathe new life into downtown St. Paul, though some state lawmakers express concerns about the financial burden given the state's budget constraints. A final decision on state funding is pending, with construction potentially starting in 2026 if approved.

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Left 67%
Center 33%
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3
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Last Updated
4 days ago
Bias Distribution
67% Left
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