The 2018 Super Bowl was awarded to Minneapolis and its new stadium by the NFL owners on Tuesday.

The $1 billion downtown indoor facility, currently under construction on the site of the old Metrodome, is scheduled to be completed for the 2016 season.

Minnesota was chosen over New Orleans and Indianapolis for Super Bowl LLII during the fourth and final round of voting by a simple majority of owners at their meeting in Atlanta. New Orleans, considered a favorite to land the NFL's championship game, finished second and Indianapolis was third.

"We appreciate the collaborative effort from Minnesota's business and community leadership in putting together this winning bid," Vikings owner Mark Wilf said. "It was evident to me and my brother Zygi that the other NFL owners were extremely impressed with everything Minnesota had to offer, and we have no doubt they will be even more excited with what the community will deliver in February 2018."

The previous home of the Vikings played host to the Super Bowl once before -- in 1992 when the Washington Redskins defeated the Buffalo Bills in the Metrodome.

Minnesota's new stadium will seat 65,400 but expand to 72,000 for the Super Bowl.

The next three Super Bowls will be played at University of Phoenix Stadium in Glendale, Ariz., the San Francisco 49ers' new Levi's Stadium in Santa Clara, Calif., and in Houston's Reliant Stadium the following year.

Among the cold-weather cities to host recent Super Bowls were MetLife Stadium in the New York area, Ford Field in Detroit and Lucas Oil Stadium in Indianapolis. All except MetLife were played in domes.

The Vikings will move to the University of Minnesota's TCF Bank Stadium the next two seasons while the new stadium is being built.