The Minnesota Vikings are waiting for the sale of the Star Tribune to close before resuming negotiations for the sale of land that could be part of a new stadium complex in downtown Minneapolis, the team owner said.
“The Star Tribune property is part of that redevelopment (area),” owner Zygi Wilf said, “and we’ll probably be in talks with them to discuss aspects of the property.”
The McClatchy Co. has reached an agreement to sell the newspaper to Avista Capital Partners for about $530 million. Wilf said the team received word Tuesday that the deal would close by the end of February.
Wilf said he had already engaged in “preliminary” talks with Star Tribune executives prior the announcement of the sale regarding the five blocks of land near the Metrodome owned by the newspaper.
A Star Tribune executive said the discussions were minimal so far.
“At this point, it’s still preliminary conversations with the Vikings, and they haven’t talked to Avista yet because Avista doesn’t own the paper,” said Ben Taylor, the paper’s senior vice president for marketing and communications. “There haven’t been a lot of discussions.”
Wilf has been pursuing redevelopment of the downtown site since last spring, when the Legislature failed to approve his plan for a $1.67 billion sports, entertainment and retail complex in Blaine.