MINNEAPOLIS - It's full speed ahead on the nearly $100 million dollar Target Center makeover.
The newly-revamped Minneapolis City Council voted 10-0 to approve the project, which calls for city taxpayers to pick up $50 million of the tab. The Minnesota Timberwolves and AEG, the operator of the arena, will cough up $47 million.
The renovation will include a redesign of the exterior; increased seating capacity for concerts and family shows; additional gathering and meeting spaces; improved pedestrian flow and easier access in and out of the building; additional clubs; improved amenities for all areas of the arena, including the upper and lower levels; and improved loading docks, among other features.
The City of Minneapolis, which owns the building, calls Target Center the 22nd-busiest building in America, hosting an average of 200 events and 1 million visitors each year. It generates an estimated $100 million in economic impact and $10-15 million in state and local taxes annually.
Voting were seven new members of the 13-member City Council, including the first Hmong and Hispanic members in city history.
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