In May 2012, the Minnesota Legislature and the Minneapolis City Council approved funding for the new $975 million multi-purpose stadium to replace the Metrodome. The new stadium is scheduled to open in time for the 2016 NFL season.
The new stadium will seat 65,000 people and could expand to accommodate 72,000 fans during major sporting events. It will include 150 suites, 7,000 club seats, and space for gift shops, restaurants, an NFL team museum and Hall of Fame. The Minnesota Vikings will be required to play in the new stadium for the next 30 years. Additionally, the stadium will be available 355 days a year for public uses, including high school and amateur sports, cultural celebrations and entertainment events.
Preliminary design and environmental work will begin in fall 2012, and construction is expected to begin in late 2013. The construction of the new stadium will support more than 13,000 jobs, including 7,500 construction jobs. The Minnesota Vikings will play one season at the University of Minnesota’s TCF Bank Stadium while the Metrodome is razed to make way for the completion of the new stadium.
The Minnesota Sports Facilities Authority (MSFA), which currently owns the Metrodome, will own and operate the new stadium. MSFA is also responsible for the design and construction of the new stadium.