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Will Downtown East Flourish From $1B Vikings Stadium?

MINNEAPOLIS (WCCO) — U.S. Bank Stadium in Minneapolis is just one year away from completion.

And supporters of the $1 billion Minnesota Vikings stadium made a lot of development promises to get it built. But did they deliver?

Twelve months before the scheduled opening of the stadium, the huge Vikings facility is 65 percent complete.

And so are the early promises that the $1 billion stadium would generate millions of dollars of private business development around it.

“It’s significant, and it’s no longer speculation,” Minnesota Sports Facilities Authority chair Michele Kelm-Helgen said.

The MSFA reports $800 million in new investment on the blocks around the area where the old Hubert H.