The new Vikings Stadium: Building for tomorrow

Vikings Stadium viewWP_20150728_024NAGLO members were able to tour the construction site of U.S. Bank Stadium, the future home of the NFL’s Minnesota Vikings.

Resembling an upside down Viking ship, the facility is one of the biggest state assets.  City officials say it will support thousands of jobs and generate significant economic activity.

According to Mortenson Construction, 1,600 construction workers were involved in just the first year of construction.

WP_20150728_021Int Vikings StadiumAn analysis completed by Conventions, Sports & Leisure, International (CSL) and Mortenson Construction in states that the stadium will provide the following economic impact:

*The construction of a new stadium will support approximately 13,000 jobs, including 7,500 construction and trades workers who will be employed during the three-year building process.

*Nearly 4.3 million work hours with almost $300 million in wages for construction workers will be required for this project.

*In addition, the fabrication of project materials will create a separate substantial number of jobs and wages.

*Upon completion of the stadium, 3,400 full and part-time jobs will be supported by the economic activity generated by a new stadium.

*Over 90% of the total materials and labor subcontract value will go to Minnesotans.

*According to CSL, the economic activity from a new stadium will generate over $26 million per year in tax revenue and over $145 million in direct spending by Vikings fans inside Minnesota.

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