June 25, 2007 6:46 PM
It's every bit as crazy as has been hinted at all along: Land Partners II thinks their low-lying, unstable, former railroad yard is worth $65.375 million. And what's even crazier is that they think they could have gotten that much for it even if no one wanted to build a ballpark there!
Keep in mind that, in theory, the court is to determine the value of the land regardless of the purpose for which it is being condemned. In other words, they will try to determine a value as if nothing special were going on there. The amount which comes out of this should be the same amount that LPII could have gotten on the open market back in 2005 (adjusted for inflation).
I'm no expert at this, so I have no idea what to expect from the court. But I think that mentioning the value of the land sale to the Vikings is tantamount to saying, "My house is worth the same as that other house way across town, even though mine is in a completely different neighborhood, with less bedrooms, worse soil, and a much lousier view." We all know the first three rules of real estate value: Location. Location. Location.
Beyond that, during the introduction to the site provided by the Twins, a representative from Mortenson construction said, in an off-hand manner, that the land could never have been used for high-rise construction because it was not stable enough. High-rise buildings, he said, have all their weight concentrated on one relatively small area. The difference with a stadium is that the weight is distributed more or less evenly across a much larger area. His implication was that almost nothing but a stadium (or perhaps some other low-rise building) could have replaced surface parking due to the geologic conditions there.
Don't blame LPII for trying to cash in, but don't be surprised if the final number is nowhere near their pie-in-the-sky demand. They probably would have done way better without seeming so, well, grabby.
On the other side of the coin, just how bone-headed does Hennepin County look right now? They appear to have made a stupid assumption, dragged their feet, allowed silence to fester into animosity for months and months, and then tried to smooth it all over by essentially whimpering, "I thought we had a deal..."
There's no question that the land is going to cost them millions more than it would have if they'd made a deal within a few weeks of the law being passed (or at least as soon as was possible given whatever had to happen legally behind the scenes). The Twins have saved their asses, that much is for sure.
And let's not let that point go without some emphasis. This really should not have been the team's problem, but they stepped up with some cash (in exchange for considerations, of course, but still). If it's true that the team will ultimately contribute 35% of the overall cost of the park, that's a better deal than almost any other governmental body has gotten from a pro sports franchise in a very long time.
So I guess it's still an open question about how this proceeding will affect the ballpark which is ultimately built. That's for another day.
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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 3045 found on this site. Click the image to be taken to the original post. A new list is created every 10 minutes.
Concept drawing for the fan/player appreciation wall. (Click to enlarge.)
I would put on this face.
Click to see the full-size image.
At TF, you never know when you may bump into a Pohlad
Construction of the stands is moving from left to right in this image.
An overview of the model display.
The main ticketing area beneath the restaurant.
The plaza as viewed from across the park. The right field overhang section will be built just in from where the plaza supports are.
Ballpark elevation viewed from Seventh Street. (Click to enlarge.)
I'm too short to see over that wall. How about a little platform or something?
This area will supposedly show the Twins chronology. Will it stretch back to 1901?
Detail of Entry Plaza #4 (north entry from Fifth Street)
This view clearly shows the curve in the left field stands and the relationship of the first row with the playing field (no overhang to speak of in left).
I noticed this detail while taking the previous picture. I figure that it must be the VIP entrance from the surface parking lot. I don't think there is any parking inside the ballpark, so this entrance will likely be for suite-dwellers and other VIPs, though I can't say for sure whether players will enter here.
A beautiful, glowing sunset after the rain.
July 7, 1966 (Click to see the entire scorecard with ads)
Pawlenty makes it official!
The main concourse is a very busy place at all times.
Site plan for the new Nationals ballpark, with the size of the Rapid Park site overlaid
Seventh inning sing-along.
Supports viewed from beneath. These seats will be just a few feet from the outside edge of the building!
The admin building (note TF logo on banner)
Here's an idea of what these Loge Boxes are all about. That guy is a waiter with no fans to serve. They seemed to have one server for about every four boxes.
Looking through the Oliva gate, you can see the outfield stands.
The images on that wall appear to be of great Twins moments in history.
I never think of Ron Jackson at all.
The Seventh Street facade
The Pantheon (with inset of the magic eye)
The media had some beautiful foliage to use as a background.
Also viewed from the B ramp, that's the upper deck in left field.
A scene repeated about a million times each game
The Lincoln Saltdogs (and a promotional Nerd)
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)
Second Edition (2006)
Selected Bibliography - Surveys
Second Edition (1987)
Not a "Third Edition" exactly,
but it replaced the above title
(2000, large coffee table)
Original edition (2000, round)
Revised edition (2006, round)
(2001, medium coffee table)
(2002, small coffee table)
(2003, medium coffee table)
(2004, very large coffee table)
(2006, very large coffee table)
Combines the previous two titles
(2007, medium coffee table)
Selected Bibliography - Nostalgia
Book and six ballpark miniatures