February 24, 2007 1:18 AM
It doesn't sound like the land sale issue is going to be resolved any time soon. It seems only fair to hear from the landowners' representatives as they try to explain what's going on. This is from WCCO TV in tonight's news:
Feb 23, 2007 6:41 pm US/Central
Landowners In Twins Ballpark Project: Not Greedy
(WCCO) The landowners in the Twins ballpark project don’t like being portrayed as greedy.
The stadium plan is stalled right now over how much the land is worth, pitting Hennepin County against the group that owns the land. The landowners said the problem is that the County isn’t keeping an agreement to have an arbitration board set the purchase price.
"We've never, ever said that you can have the property for a price you name," said Richard Pogin, a general partner of the landowner group.
He said from the start, the deal with government officials has been that if a fair value couldn't be agreed on, the property would be taken by eminent domain and a Hennepin County court would arbitrate.
"They knew that going back to 2004,” said Pogin, “it's the same as it is now, we have never ever changed that position."
Hennepin County Commissioner Mike Opat said the county never has had such an agreement.
Pogin said the County's offers have been too low, and the county’s now holding up arbitration since the parties can't agree on a price. He said it's like anyone selling their house to the government, but they can't agree on a price.
"And you say to them, well I don't agree to it," said Pogin, "but I'll agree to some independent arbitration of what the value of my house is, to which the government says, 'No we won't agree to that,' and you for asking for an independent arbitration, you are greedy."
Pogin said he's responsible to his group's investors, and he'd be sued for mismanagement if he accepted less than fair market value.
"Nobody would do that," he said, "and if we even proposed it, we would be removed as general partners, that's crazy."
Opat said the county has tried to negotiate in good faith, but the landowners want more than $40 million. Opat said the land is currently valued for property taxes at $8 million.
(© MMVII, CBS Broadcasting Inc. All Rights Reserved.)
I must admit that I don't exactly understand this argument, which is summed up in this sentence:
...if a fair value couldn't be agreed on, the property would be taken by eminent domain and a Hennepin County court would arbitrate.
This admits that the first method of setting the value could be through negotiation. Then, if that failed, they would be happy to accept condemnation with valuation by an outside party. But I think everyone admits there has been no negotiation here. The county said a price, the owners said a price, and the two were so far apart that no one has ever said anything else since.
So it seems as if the owners realized as soon as Pawlenty's signature was dry that they could probably do better with an outside arbiter since the county was limited by the infrastructure cap in the law. Rather than bother with pointless negotiations, they just set their price well above what they knew the county had to offer. Really, it's a pretty good strategy from their point of view.
But it ignores that any dollar amounts had ever been used in the past. Pogin makes it sound like the landowners are in the same position as someone whose house is being involuntarily seized for something like freeway construction. This conveniently ignores the fact that Land Partners II has been more than just a willing partner in this project up to this point. In fact, they initiated the whole idea of building on their land!
Asking for arbitration is certainly not a sign of greed in itself. In fact, we shouldn't fault them even if profit is the sole motivating factor. They bought the land hoping it would increase in value, and it has. Pogin is right in saying that he'd be fired if he suggested selling for less than market value.
But even they would surely admit that one of the key factors in determining the "market value" of this particular piece of property is its designation by law as the site for a new multi-million dollar sporting facility. Were there no law at all, or if the law were site-neutral, this surface parking lot would be worth a whole lot less (like, say, oh about $14MM). As Craig pointed out in a comment to my previous post, bad legislation is really the culprit here. The Legislature probably thought they were giving the county leverage by imposing a cap, when in fact they removed all leverage simply by mandating which piece of land the county needed to buy.
Perhaps the amendment to seek from the Legislature is not to raise or remove the infrastructure cap, but to simply strike the site-specific language. Just make it possible to legally consider other sites within Hennepin County and see what that does to the "market value" of this particular surface parking lot.
It was mentioned elsewhere, but there is still a similarly-sized parcel of vacant land next to the new Guthrie Theater (designated, for now, as park land). Lots of people still really think the ballpark should be on the river somewhere...
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This page was last modified on January 21, 2010.
"You talk about the magic, the aura, but what really makes a stadium is the fans. Concrete doesn't talk back to you. Chairs don't talk back to you. It's the people who are there, day in, day out, that makes the place magic."
– Bernie Williams
Explore the Site
Here are 50 images chosen randomly from the 3042 found on this site. Click the image to be taken to the original post. A new list is created every 10 minutes.
Click to enlarge. (Photo by Tyler Wycoff)
Note reflected sunset (7:30 PM). Could be a worry...
The ballpark development area expanded by 1000 feet in each direction
Night games are much preferred by the players at Target Field. You can see why.
There's the opening through which the groundskeeping equipment will emerge (and disappear).
Looking toward the Farmer's Market site from the balcony of the 573 Club at TF
Not sure what those supports are for -- probably stadia.
A little ground's crew action in the first inning the other night.
One more exterior view shows that, while the original look was attractive in a way, it seems to be a variation on the look of the Washington ballpark (albeit with a much more coherent collection of elements). What's remarkable is that the design team has refined the concept amazingly well, improving it immeasurably. What we're actually getting is clearly descended from this, but it's in a whole different league:
Complicated pedestrian crossing
For $19.95 you can load up your plate (one trip only)
At left, across the tracks by that pile of dirt is where the Northstar commuter train platform will be built, and where Twins fans will apparently NOT be able to get a train after night games. (For reference, that's the Fifth Street bridge, with the ballpark site just beyond it. The east corner of Ford Centre is just visible at the right edge of the picture.)
Section A, Row WC
Ballpark elevation viewed from the promenade (HERC plant) side. (Click to enlarge.)
Reverse stairway view
This is the Metropolitan Club as viewed from the future Ballpark Authority office space.
Puckett atrium menu part 1
Building the canopy is a spectacular sight.
Open concourses do mean that you can glimpse the field no matter where you are, but not really the game.
Auxiliary scoreboard (note to TF principles: this is a very good idea)
The original Candlestick Park
It was in and then quickly out of his glove. You gotta make that play.
The first passengers are about to arrive, but the switch is set for the wrong track (those guys walked all the way out to correct it)
Usher Anna hands out Homer Hankies
Dramatic night-time lighting.
This may look like just some guy (perhaps a spy) headed for the train. But it's actually the Northstar engineer!
Compare this picture, from the open house in March, with the one above and you'll see that some furniture reconfiguration has taken place.
The back row of seats in straight-away center. Note that, beyond those seats, you can see the planters (for flowers) on the front of the Left Field Bleachers.(Batters Eye)
I see an opportunity in this view for an Abbey Road-style promotional photo! Mauer, Morneau, Nathan and Cuddyer walking toward the ballpark. The only question: which one takes off his cleats?
Condiments! (complete with faux limestone on the cart -- nice touch)
The storage tunnel is barely visible at left behind that guy.
BPM - Ballpark Magic
BRT - Bus Rapid Transit
DSP - Dave St. Peter
FSE - Full Season Equivalent
FYS - Fake Yankee Stadium (see also: NYS)
HERC - Hennepin Energy Resource Company (aka the Garbage Burner)
HPB - Home Plate Box
HRP - Home Run Porch
LC - Legends Club
LRT - Light Rail Transit
MBA - Minnesota Ballpark Authority (will own Target Field)
MOA - Mall of America
MSFC - Minnesota Sports Facilities Commission (owns the Metrodome)
NYS - New Yankee Stadium
SRO - Standing Room Only
STH - Season Ticket Holder
TCFBS - TCF Bank Stadium
TF - Target Field
Selected Bibliography - Analysis
First Edition (1992)
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Second Edition (1987)
Not a "Third Edition" exactly,
but it replaced the above title
(2000, large coffee table)
Original edition (2000, round)
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Selected Bibliography - Nostalgia
Book and six ballpark miniatures