Timberwolves arena renovation updatePosted by Inside Hoops
Part of the live NBA experience is the arena: how it looks, feels to be there, the views of the court, the sound system, everything. The venue matters. While of course the main point of attending a game is to actually watch the court, an awesome arena makes the experience better. Here’s the Minneapolis Star Tribune blog reporting the latest Timberwolves arena renovation news:
A Minneapolis City Council committee is expected to vote Tuesday on the final design, contractor costs and budget for the $129 million Target Center renovation project.
The city, which owns the building, will pay $74.5 million for the overhaul. The Minnesota Timberwolves and operator AEG will pay the balance.
Contractors M.A. Mortenson and Thor Construction have agreed to a guaranteed maximum price (GMP) of $102.8 million.