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The Xcel Energy Center, which opened in 2000, is in its 25th year of its intended 25-year lifespan, and the Saint Paul RiverCentre, which opened in 1998, and 93-year-old Roy Wilkins Auditorium require significant renovations to facilities.
Renovations to the city-owned Arena Complex are estimated to cost $769 million. To bring this vision to reality, the city is asking the state to fund half of the cost, with Minnesota Wild owner Craig Leipold funding 30%, and the city and local partners providing the remaining funds. Ramsey County continues to explore its partnership investment in the proposed Arena Complex renovation.
This is a generational opportunity to go all in on revitalization by transforming Downtown Saint Paul into a more dynamic entertainment district anchored by a renovated Arena Complex—comprised of the Xcel Energy Center arena, Saint Paul RiverCentre, and Roy Wilkins Auditorium.
The proposed renovation project is the cornerstone of a safer, more energized Saint Paul, attracting more visitors, more activity, and more vitality. The project also boosts efforts to grow tourism, support the city’s all-in public safety framework, and bring more residents to live in the downtown core.
A renovated Arena Complex is a catalyst for Saint Paul’s growth, fueling momentum and unlocking new opportunities for entertainment, restaurants, retail, housing, hotels, and more.
News:
Wild and St. Paul present $770 million Xcel Energy Center renovation to lawmakers
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