Vikings Stadium Developer Inflating Land Value, Agency Says

Law360, New York (September 3, 2013, 3:55 PM EDT) -- The public agency monitoring the construction of the Minnesota Vikings' new $975 million stadium accused the developer Friday of “grossly inflating” the value of the property and seeking to edge the agency out of a 2003 agreement giving it control of public land in front of the stadium.

Minneapolis Venture LLC launched a suit against the Minnesota Sports Facilities Authority last month seeking to determine whether the public plaza, known as Downtown East, should be included as part of the stadium's development plan or left for...
To view the full article, register now.