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
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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 see the whole, beautiful image. (Photo by Tyler Wycoff)
Working on the main concourse right about directly behind the plate.
8:12 PM It is now in the area where, if it gets down far enough, it will shine into the eyes of a right-handed hitter.
The reverse angle shows that the signage will only partially obscure views from the top of the ramp. The wall is pretty high up there, so you'll need something to stand on, but it appears that this is one of the so-called "knotholes".
A view into the Legend's Club
Here is Seventh Street viewed from the west looking toward downtown. This will probably be the most pedestrian-friendly side (other than the plaza), but only if there is some psychological barrier between the people on foot and the people in their dangerously fast-moving automobiles.
Flagpole historian Ben McEvers at far right (click for the full photo set, graciously loaned to this site by Pat Backen)
Yes, TC is smiling.
Marquette looking south
First, an overview. The base of the plaza here will meet the base of Sixth Street at Second Avenue.
In the top of the 9th, the sun hit our backs and summer took one last long look.
Two plazas in Spain. (Brad and I were pretending to steal coins from the fountain. We were all just so darn funny back in high school, eh?)
Directly above the ceiling here is the hidden concourse which served the upper deck prior to the renovation. That concourse was closed off to the public, but became a service level for ballpark employees. It's one of the many quirks which will be lost when the wrecking ball takes the place away.
The same section seen from Target Center. Yep, looks like bridge supports.
That's some scary-ass scaffolding, if you ask me.
Rich Pogin (left) and Bruce Lambrecht (Source: Skyway News)
Left field bench seating
Love the red flowers -- just like the original concept drawings. That NEVER happens.
Puckett atrium menu part 2 (Those prices match elsewhere in the ballpark.)
Some of your fellow BPMers at a game in May of 2010 (we had almost the whole section)
Good seats, but no scoreboard or sky.
Detroit got this part right!
Looking the other direction, again from Ford Centre, you can see what's going on over the tracks. This will be a public promenade.
At Comerica Park, some aisles have railings and some do not.
For those not wishing to suffer through my media rant, please enjoy this picture of my lilacs in full bloom.
At the corner of the Pro Shop.
Very interesting detail starting to appear here.
Ketchup, mustard, relish, mustard, ketchup
Nine spots for hops bats.
What can you see from up there? Some say not much.
This little pathway snakes between the LRT tracks and the Environmental Services Building, emptying into the parking area surrounding the HERC. It could be for maintenance, but it looks more like it's for convenience.
TCF Bank Stadium (click to enlarge)
A mural featuring the names of a bunch of Minnesota towns.
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
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