#Bills new stadium design series

There have been several proposals bandied about in the years since, but not much in the way of firm movement or a definitive development plan. We always have to have the prize before you can build the arena.'

Where is the stadium going to go and whatnot? I realize it seems to be a significant issue but it wasn't when we bought the team. And yet, the threat of the team relocating remains a possibility even though it. It takes time to get this stuff organized. Bills officials have maintained they are solely focused on reaching an agreement with state and county officials to help finance a proposed 1.4 billion, 60,000-plus seat stadium to be built across the street from their existing 48-year-old facility in Orchard Park. We will gradually proceed to plan and design a stadium for the Buffalo Bills,' Terry Pegula said at the time. Fracking mogul Terry Pegula, who bought the Bills in 2014, wants state money to help pay for a new 1.4 billion stadium to replace the teamвЂ™s current dated home. 'I said in the back room, I hope I don't have to spend the next eight years of my life answering stadium questions. When Terry and Kim Pegula bought the team in 2014, they also announced their intentions to build a new stadium for the team, but noted that it would take some time to complete. Only five stadiums in the league have been open longer. New Era Field, previously known as Ralph Wilson Stadium, opened in 1973. That cost is projected to be much higher in todayвЂ™s dollars.The Buffalo Bills play in one of the NFL' oldest stadiums.

#Bills new stadium design series

The Bills ruled out further renovations because they would prove too costly.ДЄ state-funded study in 2014 estimated the next series of renovations would cost $540 million, with a majority of the work dedicated to essentially rebuilding the entire third deck. A downtown location is projected to cost nearly an extra $1 billion in part due to necessary infrastructure upgrades. The Bills did their own analysis in selecting the Orchard Park site because it was the most cost-effective, and built on a parking lot the team already controls. The study will assess the costs of building a new stadium either at the BillsвЂ™ proposed suburban location or downtown, versus renovating the existing facility. Negotiations are on hold until the state completes its own stadium feasibility study, which Hochul said is expected to be released within days. Unresolved is how much public money the state and county will commit, with the Bills anticipating that taxpayers be requested to bear more than 50% of the cost. The Buffalo Bills know thereвЂ™s a commitment, a shared effort to finance this,вЂќ she added. вЂњThereвЂ™ll be plenty of time to get the job done. The Bills, meanwhile, are concerned they might have go back to square one in negotiations should there be another change in governor. With Hochul up for election next fall, itвЂ™s unlikely she will have time for negotiations while campaigning.

Having a deal in place by January would allow Hochul to include stadium funding in her budget proposal for approval in April. The time crunch is becoming an issue as the Bills seek clarity on their long-term future while also saying they have no interest in renewing the lease once it expires at the end of July 2023. And yet, the threat of the team relocating remains a possibility even though it has not been raised in talks. вЂњBut weвЂ™re all in alignment that we want this deal done by the end of the year.вЂќД«ills officials have maintained they are solely focused on reaching an agreement with state and county officials to help finance a proposed $1.4 billion, 60,000-plus seat stadium to be built across the street from their existing 48-year-old facility in Orchard Park. Hochul and her getting up to speed,вЂќ he added, referring to Kathy Hochul, who took over when Andrew Cuomo resigned in August after an investigation concluded he sexually harassed 11 women. вЂњWeвЂ™ve pushed this back from our initial timeline to accommodate Gov. PSE is the BillsвЂ™ parent company, with Raccuia overseeing stadium negotiations. вЂњIf we get to January and thereвЂ™s no new deal done, you should really be concerned,вЂќ Pegula Sports and Entertainment executive vice president Ron Raccuia told The Associated Press over the weekend. (AP) - Though the Buffalo BillsвЂ™ lease on their current stadium doesnвЂ™t expire for 21 more months, time is running short on the team reaching a financing agreement with public officials on its proposal to build a new facility.