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MYTH VS. REALITY - ARDEN HILLS STADIUM SITE <br />• The economic impact of a new Vikings stadium will be significant. A 2010 study <br />completed by the University of Minnesota on the January 2010 Vikings- Cowboys playoff <br />game showed visiting game -day attendees (non -metro residents) spent $5.8 million in <br />restaurants, hotels and retail stores and on transportation. <br />• Overall sales in the Twin Cities economy expanded by $9.1 million for the playoff game <br />weekend. <br />• A study shows the stadium project will lead to $145 million in direct annual spending by <br />fans, the Vikings, the team's employees and players, visiting teams and the NFL in <br />connection with games and the operation of the facility. <br />MYTH #7: The site is too contaminated to build on — it's not possible to clean up a Superfund <br />site for this type of development. <br />REALITY: <br />• The U.S. Army is required to retain responsibility for groundwater cleanup and for soil <br />remediation to commercial /industrial standards. <br />• The nature and extent of the required remediation are obstacles that can be overcome <br />and will not prevent the development of the property. <br />• Other examples of Superfund site cleanups are numerous. One such example in our <br />region is the Upper Landing in St. Paul. Once a scrap metal yard and grain elevator, the <br />Upper Landing is now a 22 -acre, $175 million Mississippi riverfront residential <br />neighborhood with 1,000 residents. <br />• The Vikings stadium development envisions a stadium, convention center /hotel complex, <br />and corporate campus, and does not include residential property. <br />MYTH #8: Ramsey County will have too much control over the new stadium when it should <br />reflect the statewide nature of the project. <br />REALITY: <br />• The proposal envisions creation of a new public stadium authority. <br />• Members would be appointed by the Governor, the Ramsey County Board and the City <br />of Arden Hills. <br />MYTH #9: The stadium would only be used a limited number of times each year. <br />REALITY: <br />• The facility would have a retractable roof and would be available for use year- round. <br />• It would be publicly owned and would be available for high school /amateur sports and <br />other community events. <br />Prepared by Ramsey County ( Updated July 8, 2011 <br />