I have not completely followed the US Bank Arena story.
Who will foot the bill if there are $200 million in renovations done? The arena owner or the taxpayers or both?
Not getting the 2016 Republican National Convention might be driving this.
https://en.m.wikipedia.org/wiki/U.S....na#Renovations
A $200 million renovation was proposed in 2015 by arena owners Nederlander Entertainment and AEG Facilities. The renovations would include both upgrades to the seating and expansion to increase capacity to 18,500 seats, additional luxury suites and other premium seating, a new exterior facade, new video boards, and a renovation of the exterior concourse.[30] The push for extensive renovations and upgrades came in 2014 after the city ran an unsuccessful bid for the 2016 Republican National Convention and the state of U.S. Bank Arena was cited as the deciding factor in the bid's failure.[31][32]
In 2017, Nederlander Entertainment announced its intention to tear down and replace the arena if a deal could be made with taxpayers, citing inadequate space and dated '70s aesthetics.[33]