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SBD/March 3, 2011/Facilities
Published March 3, 2011
THANKS, BUT NO THANKS: In St. Paul, Charley Walters reports Twins Owner Jim Pohlad, despite contributing $2M toward a new on-campus baseball field at the Univ. of Minnesota, "insists it not have the Pohlad name attached." The $7.5M project, which still needs $3M to begin construction, "will remain Siebert Field" (ST. PAUL PIONEER PRESS, 3/3).
ADDING IT ALL UP: Construction costs for the MLS Dynamo's new stadium are expected to total $77M, which will be financed in part by equity from the club's ownership group, a Tax Increment Reinvestment Zone jointly funded by the City of Houston and Harris County, and Texas Southern Univ. The remainder will be covered by a $33M construction loan, 21% of which is financed by Green Bank (Green Bank).