From Star Tribune:
The city of Bloomington thinks it can build what could be the continent’s largest indoor water park next to the Mall of America, while protecting local taxpayers if it’s a financial flop.
The city and Triple Five, the mall’s ownership group, have decided that a nonprofit should own the water park and borrow the money for its construction.
Documents released by the city this week offer more details about the water park, a 250,000-square-foot indoor facility that was first announced in March. It would be open to the public and cost up to $250 million, more than the $200 million proposed back then.