http://www.bizjournals.com/stlouis/news/2015/10/01/scottrade-center-needs-major-renovation-blues-say.html
Regardless of whether a new $1 billion National Football League stadium gets built along St. Louis' north Mississippi riverfront, funding for sports facilities will continue to be a hot topic for the foreseeable future.
St. Louis Blues owner Tom Stillman says the Scottrade Center could use an upgrade, and has met with city of St. Louis officials on what a renovation could include and how it can be financed.
“We are in the early stages of planning a renovation... Obviously part of the aim is to be the best possible home for the NHL and the St. Louis Blues, but Scottrade plays a key role in bringing other big events to St. Louis, like major concerts and other sporting events like NCAA March Madness. We’re not going to continue to draw those events unless we upgrade the arena significantly.”
BUT also from the article
Blues officials declined to discuss the matter further beyond Blues CEO Chris Zimmerman saying the organization still isn't at a point “where we have meaningful feedback on the plans for the building.”
Mary Ellen Ponder, St. Louis Mayor Francis Slay's chief of staff, said she's seen preliminary presentations from the Blues, but didn't know how much renovations might cost. Ponder said she expects more details later this year.
Scottrade Center was built for around $200 million and opened (as the Kiel Center) in 1994. Stillman said significant upgrades haven’t been made to the arena in some time, as “the franchise hasn’t exactly been awash in cash.” The Blues, with revenue of around $100 million, are the sixth-least-valuable team in the NHL, worth $235 million, according to Forbes. Of that valuation, about $65 million is attributed to the Scottrade Center’s value.
