You just knew this was coming, didn’t you?
With the state and federal governments looking for ways to jump-start the economy, a New Jersey businessman has an ambitious public works project he says will create more than 5,500 jobs and provide $500 million or more to local contractors.The businessman is Zygi Wilf, principal owner of the Minnesota Vikings.
The project: A $954 million, state-of-the-art stadium for his football team in downtown Minneapolis — to be constructed using more than $635 million in public money.
“Why not? The Vikings are a public asset,” said Lester Bagley, the Vikings’ vice president in charge of stadium development. “This is going to create an economic boost
Of course, stadiums create no more of an economic boost than, say, light rail.