Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Saint Paul seeks state share for $395 million Xcel Energy Center complex renovation
Summary
Mayor Melvin Carter and Minnesota Wild owner Craig Leopold presented a $395 million renovation plan for the Xcel Energy Center complex, proposing a 50/30/20 split (state/Minnesota Wild/city & local partners) and requesting state appropriation bond assistance.
Mayor Melvin Carter of Saint Paul and Craig Leopold, owner of the Minnesota Wild and Minnesota Sports Entertainment Company, told the Senate Capital Investment Committee on March 25 that the Xcel Energy Center arena complex requires major renovations and an expanded vision to sustain economic activity in downtown Saint Paul.
“The Xcel Energy Center Arena Complex is a critical economic engine for our city and for our state,” Mayor Melvin Carter said, noting the complex attracts roughly 2.1 million visitors a year and generates around $383,000,000 in annual economic impact.
Leopold said the arena—opened in 1999—has outlived its original competitive lifespan and benefits from structural soundness, meaning a renovation rather than full replacement is feasible. The presenters described a total project…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
