Bloomberg News

St. Louis Rams’ Renovation Proposal Rejected by Stadium Agency

June 01, 2012

The St. Louis Rams’ proposal to use public money to renovate the Edward Jones Dome was rejected by the authority that runs the 17-year-old stadium.

The St. Louis Convention and Visitors Commission said in a statement that it wouldn’t approve the National Football League team’s proposal, adding the authority “believes that it is in the best interests of the community and the Rams to engage in meaningful dialogue over the next two weeks, and looks forward to the opportunity to do so at the earliest convenience of Rams management.”

Team spokesman Artis Twyman didn’t immediately respond to an e-mail seeking comment.

The Rams’ plan included concourse expansions, new party zones and luxury amenities that would cost more than $700 million, Jeff Rainford, chief of staff to Mayor Francis Slay, told the St. Louis Post-Dispatch.

The lease between the authority and the team requires that the dome earn as much as the top quarter of NFL stadiums. The Rams rejected a $124 million renovation proposed by the commission in February. If the two sides can’t reach an agreement before June 15, the dispute moves to arbitration.

The Rams moved to St. Louis from Los Angeles before the 1995 season and play in the publicly financed, $280 million stadium originally known as the Trans World Dome.

To contact the reporter on this story: Aaron Kuriloff in New York at akuriloff@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net


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