Rams & officials “far apart” on $700 million renovation.
Among issues: Retractable Roof
The Saint Louis Rams want a retractable roof added to the renovations proposed to 17-year old Edward Jones Dome. Monday the price tag for the Rams wish list of improvements and upgrades came in at $700 million – much higher than the St Louis Convention and Visitors Commission projection of around $125 million, and close to the price-tag for an entirely new stadium for the Minnesota Vikings (assuming the Minneapolis City Council gives the deal a stamp of approval.)
But once you factor in the projected revenue losses of an additional $500 million which Jeff Rainford, St. Louis Mayor Slay’s chief of staff, told the St. Louis Post-Dispatch results from taking the stadium out of play for convention business while the upgrades are being made, the Minnesota stadium deal starts to look very shrewd indeed Read the rest of this entry