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Target Field on pace to be paid off early

Jan 4, 2013, 8:36 AM EDT

Target Field

All publicly-funded stadium projects stink, but some stink less than others. At least the one for Target Field hasn’t devolved into a horrifying mess like the ones in Miami, Cincinnati and elsewhere. In fact, it’s on pace to be paid off early:

For Target Field, Hennepin County’s initial plan was to make the final debt payment in 2037, but the payoff now could come five or 10 years sooner, according to county Budget and Finance Director Dave Lawless.

Too bad that $350 million in public funds couldn’t have been so efficiently directed to something besides a ballpark which is owned by and directly benefits one of the richest families in the United States.

*Correction: The Pohlads lease Target Field. They still benefit greatly from it, of course.

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