Editing Target Center (section)

==History==
<div style=margin-right:1em; margin-bottom:1em;float=left;>[[File:012308-TC-Twolves001.jpg|left|thumb|The interior before a Timberwolves game, January 2008]]<br/>
[[File:Target Center scoreboard.jpg|left|thumb|Minnesota Lynx on the [[Daktronics]] scoreboard, part of the 2016 renovation]]
</div>

===Management===
Original Timberwolves owners Marv Wolfenson and Harvey Ratner built, owned and operated the arena for five years beginning in 1990. The venue was managed by [[Covanta Energy Corporation|Ogden]] Entertainment after the city of Minneapolis purchased the arena in 1995.<ref name="info" /> [[Glen Taylor]] acquired the Timberwolves in 1994 and the Lynx in 1999.<ref>{{cite web|url=http://tcbmag.com/Honors-and-Events/Minnesota-Business-Hall-of-Fame/2002-Minnesota-Business-Hall-of-Fame/Glen-Taylor|title=Glen Taylor|publisher=Twin Cities Business Magazine|access-date=27 April 2016|date=1 July 2002}}</ref>

In 2000, SFX (later [[Live Nation|Clear Channel Entertainment]]) took over the contract.<ref>{{cite news |title=SFX Assumes Management of Target Center|url=http://nl.newsbank.com/nl-search/we/Archives?p_product=MN&p_theme=mn&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=0EFCD055A2884297&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM|newspaper=[[Star Tribune]]|location=Minneapolis|date=October 3, 2000|access-date=January 27, 2013}}</ref> The management was changed in May 2004 from Clear Channel to Midwest Entertainment Group, a joint venture of the Timberwolves and [[Nederlander Organization|Nederlander]] Concerts.<ref name="info"/>

On May 2, 2007, [[AEG Facilities]] assumed the management contract of Target Center. The city of Minneapolis owns the arena and AEG Facilities manages day-to-day operations.<ref>{{cite web |title=Target Center|url=http://aegworldwide.com/facilities/arenas/targetcenter|publisher=[[Anschutz Entertainment Group]]|access-date=January 27, 2013}}</ref>

===Renovations===
In 2004, Target Center underwent a major renovation that saw the replacement of all 19,006 of its original seats plus the addition of nearly 1,500 new seats as well as the reconfiguration of the lower bowl to make the arena more "fan-friendly". In addition the arena's original scoreboard was replaced with a new {{Convert|9|by|16|ft|adj=on}} video screen and LED signage, LED signage on the upper deck fascia, a new lounge (Club Cambria) and improved access for fans with disabilities.<ref>{{cite web |title=Target Center Renovations|url=http://forums.realgm.com/boards/viewtopic.php?t=1088633|work=[[RealGM]]|date=January 31, 2011|access-date=January 27, 2013}}</ref>

Target Center was once one of three NBA arenas with [[Parquetry|parquet]] floors, including [[TD Garden]] in [[Boston]], and [[Amway Arena]] in [[Orlando, Florida|Orlando]]—the floor was replaced prior to the 2007–08 NBA season.

Target Center is the first arena to have a [[green roof]]. It was unveiled on September 15, 2009.<ref>{{cite news |title=Minnesota's Target Center Completes Green Roof|url=http://www.environmentalleader.com/2009/09/29/minnesotas-target-center-completes-green-roof/|work=Environmental Leader|date=September 29, 2009|access-date=September 29, 2009}}</ref> In February 2011, the Timberwolves and the city of Minneapolis introduced a $155 million proposal to remodel the Target Center. Plans included shifting the main entrance to the corner of 6th Street and First Avenue, two large glass atriums, another restaurant, and a complete remodel of the interior.<ref>{{cite news |title=$155 Million Target Center Renovation Proposed|url=http://www.myfoxtwincities.com/dpp/news/minnesota/155-million-target-center-renovation-feb-1-2011|work=[[KMSP-TV|KMSP]]|date=February 1, 2011|access-date=February 1, 2011|archive-url=https://web.archive.org/web/20111028210205/http://www.myfoxtwincities.com/dpp/news/minnesota/155-million-target-center-renovation-feb-1-2011|archive-date=October 28, 2011|url-status=dead}}</ref> The plan was approved in 2012 by the [[Minnesota Legislature]], as part of the bill that authorized a [[U.S. Bank Stadium|new stadium]] for the [[Minnesota Vikings]].<ref>{{cite news |title=Vikings Stadium Wins Minneapolis City Council's Final Approval|first=Frederick|last=Melo|url=http://www.twincities.com/vikings/ci_20706554/vikings-stadium-minneapolis-city-council-has-one-last|newspaper=[[St. Paul Pioneer Press]]|date=May 25, 2012|access-date=May 25, 2012}}</ref><ref>{{cite news |title=Duluth, Minn. Flood Cost Could Reach $80 Million|url=http://usatoday30.usatoday.com/video/duluth-minn-flood-cost-could-reach-80-million/1701128686001|newspaper=[[USA Today]]|date=June 21, 2012|access-date=June 21, 2012}}</ref>

On April 3, 2015, the Minneapolis City Council gave the final approval for renovation plans for Target Center. The total cost was $140 million, which upgraded the exterior, seats, technology and loading bays, among other areas. The city contributed $74 million. [[Glen Taylor]], owner of the Timberwolves and Lynx, paid a total of $60 million; AEG contributed $5.9 million. As a result, the Timberwolves' lease will run until 2035.<ref>{{cite news|title=Right call on Target Center renovation|url=http://www.startribune.com/right-call-on-target-center-renovation/299263901/|date=April 10, 2015|newspaper=Star Tribune|access-date=September 30, 2016|author=Editorial Board}}</ref> The renovated building reopened in October 2017.

===Naming rights===
On August 7, 1990, it was announced that Minneapolis-based retail chain [[Target Corporation|Target]] had purchased the naming rights of the Timberwolves' arena and that it would be called Target Center. Since then, the naming rights have been renewed every five years. Target last renewed its naming rights in October 2015 for an undisclosed length of time.<ref>{{Cite web |last=Roper |first=Eric |date=2015-10-13 |title=Target Center redo delayed; naming rights extended |url=https://www.startribune.com/target-center-redo-delayed-naming-rights-extended/332407522 |access-date=2024-12-29 |website=www.startribune.com |language=en}}</ref>