Bill in Legislature looks to let Xcel, Target Center join forces

  • Article by: Eric Roper , Star Tribune
  • Updated: March 30, 2013 - 10:06 PM

Competition for concerts is undercutting revenues on the publicly owned buildings. Legislature considering integrating operations.

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erikj3Mar. 31, 1312:00 AM

How about just getting rid of the Target Center altogether?

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alanam8Mar. 31, 1312:14 AM

In other words: the city councils of St. Paul and Minneapolis established two businesses that can't survive on their own, so - to fix the problem - those same city councils are asking the legislature to change laws to bail them out of the mess. Meanwhile, they frame it as a win for taxpayers. Shoot me now.

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michaelpatrickMar. 31, 13 1:44 AM

Given that the Vikings stadium financing plan has fallen apart, it's time to trim the fat from it. As this article makes clear, the Twin Cities don't need 2 major-league arenas. Xcel is the newer and far better arena and would still be superior to Target Center after its renovation. Take the $100+ million renovation to Target Center out of the stadium financing plan and close it. Move TWolves, etc. to Xcel. Then whatever private owners build on the TC site will become a source of tax revenue for Mpls rather than an expense paid for with taxes. Win-win-win.

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elmore1Mar. 31, 13 6:48 AM

Agree that the Target Center should be torn down and move everything to Excel. This is exactly the same subsidized redundancy that TCF and the proposed Vikings stadium have. There are only so many concerts that you can have in the Twin Cities and we are already overbuilt.

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ollie3Mar. 31, 13 8:21 AM

Move the Wolves to the X, use the savings to build a new basketball arena/practice facility for the U

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birchtreeMar. 31, 13 8:28 AM

This is how the free enterprise system is supposed to work. Consumers benefit from competition. Anti-trust laws were also enacted to prevent monopolies from circumventing the free enterprise system. Executives always complain about government interference when it comes to regulations and taxes but when it comes to building facilities or otherwise increasing their profit, they bully and bribe their way into politicians offices. If this goes through, consumer prices will go up (along with executive profits) and service will go down. Just look what happened when Northwest and Delta merged.

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ruphinaMar. 31, 13 8:46 AM

First, if they were both private arenas and proposed a merger, AG Lori Swanson would try to stop it to "save" the people of MN from the big bad businesses. Second, if you move the T'wolves to the Xcel Center, they are dead. Nobody wants to try to get to the drunken sailor city at rush hour from the west. And finally, the irony is Lori would be right for the 1st time as AG, because eliminating the competition between the two will increase the cost for an act to play there. That either means higher prices or less concerts, both detrimental to MN concert-goers. Bill G.

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mnpls123Mar. 31, 13 8:59 AM

Excel never should have been built. It barely provides enough traffic for the businesses around it to survive. Close it and move everything to the target center to give the businesses that depend on event traffic a better chance of survival.

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mred58Mar. 31, 13 9:45 AM

the bottom line is what is this mess going to cost the tax payer.to keep a private business open.

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ruphinaMar. 31, 1312:18 PM

The Target Center location is WAY better than the Xcel. It is on one end of the Northstar Commuter line, on one end of the Hiawatha line, and I394 literally ends in the parking ramps next to it. Bill G.

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