Don’t get too excited about the pretty picture of the proposed stadium project for the Outer Harbor. Not only is this in the very early stages but the proposal seems to be a pie-in-the-sky plan that probably isn’t a great fit for Western New York.
There are plenty of bits and pieces about this idea that will hopefully become part of an actual new build, but as a project without much backing – and one the Russ Brandon said won’t happen – it is just a pretty picture for now.
To recap the details from The Buffalo News article: The 72,000 seat stadium would be the centerpiece of a $1.4 billion project that would have the stadium serve as a convention center along with a hotel, retail and parking for somewhere in the neighborhood of 5,000 cars. That was billion, with a B.
Considering the scope of the project, it doesn’t seem all that bad. It puts the stadium downtown along the water, something that fans have been clamoring for a while. In addition, it provides a brand-new home for a team that has been rumored to have one foot out the door due to a number of circumstances – namely their aging relic of a stadium.
However, a 72,000 seat stadium is actually on the high-end of capacities when compared to a number of stadiums around the league and the price tag would most certainly require PSLs and significantly higher tickets costs. The latter two points being widely panned as deal breakers for a financially limited region. Of course, any sort of investment in a new stadium is far more attractive and beneficial (long-term) than wasting another $200 million on upgrades to the Ralph. Continue reading
