The Buffalo Bills’ proposed new US$1.4-billion stadium would include about 60,000 seats and 60 suites, The Associated Press has learned.
The Bills’ proposal includes a timeline for construction with a completion date pegged for no later than 2027 based on how quickly a deal can be struck, a person with direct knowledge of the documents presented to state and county officials told the AP on condition of anonymity because the plan has not been made public.
The team’s current lease expires in July, 2023, and would be extended until the new facility is opened, should the project be approved by the state of New York and Erie County.
The proposed capacity is about 12,000 seats less than the Bills’ current facility, now called Highmark Stadium, which was built in 1973. The new venue would not include a roof, but it would be designed so that a majority of the seats would be protected from the elements, the person said.
The team initially considered a larger stadium with a price-tag of US$1.6-billion before making a decision to shrink the project, the person said.
Discussions between the Bills’ parent company, Pegula Sports and Entertainment, and government officials opened in late May, with the parties holding an on-site tour at the Bills’ aging home last week.
At issue is how quickly a deal can be approved, and how the construction costs would be split between the team and taxpayers. The Bills have already said team owners Terry and Kim Pegula are committed to sharing part of the cost, but have not identified how much.
The expectation is the state and county will be asked to cover more than 50 per cent of the project, raising concerns about the potential for taxpayer funding.
PSE’s proposal is considered preliminary and subject to change based on discussions, with no renderings of the proposed facility having yet been submitted. Talks have been slowed in part because of New York’s change in governor, with Kathy Hochul taking over last week after Andrew Cuomo’s resignation.
Hochul is from Buffalo, and has already had contact with PSE officials.
Her office released a statement to the AP on Monday that read: “No one is more committed to keeping the Bills in Buffalo than Gov. Kathy Hochul, a long time Buffalo Bills fan. Negotiations are ongoing, and her administration looks forward to sharing details with the public as soon as negotiations are completed.”
The US$1.6-billion cost of the New York Giants’ and Jets’ shared facility of MetLife Stadium, which opened in 2010, was entirely privately funded. The Minnesota Vikings’ US$1.1-billion U.S. Bank Stadium, which opened in 2016, had taxpayers fund 45.2 per cent of the cost.
In Orchard Park, Highmark Stadium’s US$22-million construction tab in the early 1970s was picked up entirely by taxpayers.
The Bills have ruled out the option of further renovations because they would be cost prohibitive in comparison with starting fresh.
More than US$130-million was committed to renovations as part of the previous lease agreement struck in 2013. A state-commissioned study conducted a year later projected the next round of renovations would cost US$540-million, with a majority of the work dedicated to essentially rebuilding the entire third deck. That cost is projected to be much higher in today’s dollars.
The Pegulas, who purchased the Bills in 2014, say they have spent an additional US$146-million on capital and game-day and stadium-related expenses, which included suite upgrades, a new training facility and expansion of practice fields.