Scottrade renovation project to cost $160 million

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ST. LOUIS, MO (KTVI)- Big time renovation plans are in the works for the Scottrade Center. Many of the ideas are could enhance the experience you have when you go to the arena.

Details on this story are appearing in our partner the St. Louis Post-Dispatch.

The plans which are in the preliminary stage are not cheap---the price tag is $160 million. The money would come from bonds that have not yet been issued. The facility opened back in 1994.

The Blues operate and manage the arena which is owned by the city. The Blues say major upgrades are needed for Scottrade to keep pace with other new or remodeled professional sports arenas. Among the highlights of the Scottrade plans, a bigger scoreboard, revamped seating areas, remodeled locker rooms and concourses, a larger blues team store and a new ice plant for the rink.

The Post reports that one other big part of the project would be an enclosed beer garden on Scottrade`s plaza facing Clark Avenue. Plans are to make the garden two levels and have it be attached to the main building.

The Blues chief financial officer says the beer garden could feasibly be open all year round.

The money to fund the $160 million in improvements would come from industrial revenue bonds.

The city`s Land Clearance for Redevelopment Authority or 'LCRA' approved a resolution this past Tuesday stating its intent to issue the bonds. However, we`re told no bonds will be issued before a financing agreement is in place. Officials hope that will happen this year.

In addition to the Blues 41 regular season home games, Scottrade holds about 120 other events during the year.