Site A masterplan has been drawn up for the redevelopment of the broad area, including the stadium site and adjacent properties owned by RK Midway. This may include building new hotel and office space and the redevelopment of the existing shopping center. The buildings occupied by Rainbow supermarket, Walgreens, Midway Pro Bowl and some adjoining spaces will be torn down. The masterplan calls for the redevelopment to be more pedestrian friendly, to accommodate large numbers of fans walking to and from the transit stations. The property had been the Snelling Shops, where streetcars were built and maintained for the
Twin City Rapid Transit Company. The stadium itself primarily sits on this property.
Naming rights On July 25, 2017,
Allianz Life was announced as the sponsor for the stadium. Allianz Life, a subsidiary of German company
Allianz, is headquartered in nearby
Golden Valley. It is one of eight sports facilities around the world that is sponsored by Allianz or its subsidiaries. The naming rights agreement with Allianz runs until the end of 2028 and costs an undisclosed amount. Due to the stadium's resemblance to the floating city on
Bespin in the fictional
Star Wars universe, Allianz Field has gained the nickname "Cloud City."
Construction The stadium was planned to break ground in June 2016, but was delayed while the team awaited a tax-exemption from the state, similar to ones granted to other recent stadium projects. Despite the stadium construction being privately funded, the franchise owners stated that the tax-exemption was needed for the project's viability. In addition, because stadium construction would eliminate
Rainbow Foods – an anchor tenant in the Midway Shopping Center – strip mall owner RK Midway of New York faced lease complications with its smaller tenants. Industry analysts say intense competition between the grocery company SuperValu (which operated Rainbow within the strip mall) and rivals, primarily Hy-Vee, made it unlikely that Rainbow would terminate its lease early without a signed guarantee against a competitor moving into the shopping center. A ceremonial
groundbreaking was held on December 12, 2016, and was attended by MLS commissioner
Don Garber. Major construction on the site began in June 2017. Steel erection began in November 2017 and construction reached a halfway milestone in late April 2018. On Jan 23, 2019, the logo for the inaugural season was revealed as an interpretation of the stadium. Construction on the stadium was completed by Mortenson Construction on February 27, 2019, after 20 months of work. ==Major events==