Stadium Project Marks Largest Economic Development Project in Western New York History – With an Estimated 30-Year Economic Impact of $1.6 Billion
Construction on New 60,000-Seat Facility Expected to Complete in 2026
Project Will Create 10,000 Union Labor Construction Jobs Through Project Labor Agreement
Project Renderings Available Here
Governor Kathy Hochul, Buffalo Bills owner Terry Pegula, Erie County Executive Mark Poloncarz, and NFL Commissioner Roger Goodell today announced the start of construction on the Bills’ new, state-of-the-art $1.54 billion stadium in Orchard Park. The new 60,000-seat facility, designed by the Bills in conjunction with Legends and the architectural firm Populous, marks the largest economic development project in Western New York history with an estimated 30-year economic impact of $1.6 billion and the creation of 10,000 union construction jobs. Construction on the new stadium is expected to be complete in 2026. Project renderings can be viewed here.
“As a native Buffalonian and a life-long Bills fan, I know how much this team means to this city and region as a whole,” Governor Hochul said. “As we break ground on a beautiful new stadium, we’re celebrating a new era for this region and for tens of thousands of New Yorkers who stand to benefit. With this project, the Bills — and New York State — are making a lasting commitment to the people of Western New York.”
The new, open-air stadium will be built across from the existing Highmark Stadium, which was built in 1973, and includes several major improvements over the existing stadium facility. It will add weather control features, including extensive radiant heating and a canopy that covers 65 percent of seats, to provide protection from inclement weather. The exterior of the stadium will also include enhanced fan experience gathering sites to be utilized by fans, spectators, and members of the surrounding community.
The stadium project is projected to create 10,000 construction jobs and will be built with union labor in accordance with a Project Labor Agreement (PLA) agreed to by the Buffalo Building Trades Council.
In 2022, Governor Hochul announced the historic public-private stadium agreement, which includes a $600 million investment by New York State that will be recouped through taxes and economic activity that the team generates. Under the agreement, the Bills and NFL will invest $690 million for the stadium’s construction and Erie County will contribute $250 million.
The Buffalo Bills franchise is a proven economic driver for the Buffalo region and the state. The Bills currently generate $27 million annually in direct income, sales and use taxes for New York State, Erie County and Buffalo. An economic analysis by Empire State Development and AECOM found that, over the 30-year lease period of the new stadium, revenues are expected to grow significantly and will cumulatively amount to more than $1.6 billion in economic impact. Furthermore, the study found that the stadium would have a regional economic impact of more than $385 million annually as fans and spectators from across New York, the United States, and Canada patronize local businesses.
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