Is it Really Too Soon for Downtown Stadium Talk?

Real Estate Expert Talks Timeline of Moving Downtown

Brian Mazurowski
October 02, 2018 - 11:18 am

Buffalo, NY (WBEN) - Once again, the prospect of a new stadium for the Bills is the talk of downtown Buffalo, and once again, the County Executive is hoping to pump the breaks. 

"We'll always have conversations, but I still get people coming up to me on the street asking 'Hey are you going to be building a new stadium next year?' and my answer is 'No,'" said County Executive Mark Poloncarz. "I don't have the money for it and it's not in the cards now."

While Poloncarz continues to say that new stadium talk is not happening yet, is it really too early to get the discussion going if the Pegulas are seriously considering a downtown stadium when the current lease expires in the summer of 2023? 

Some think that would be an aggressive timeline, even if construction started right now.

"No, it's not too early because even if they acquired all the land today or by the end of 2018, it's going to take a good four or five years to build it," said Howard Saperston of Saperston Real Estate. "By the time you get your permits and environmental studies and the naysayers who will try to put a lawsuit because it's hurting the migration of the birds or something... it's not too early." 

And the issue of acquiring the land may not be easy either. Because of the large footprint of a stadium and the potential need to purchase from more than one landowner, there is a potential that eminent domain issues could arise and more paperwork would need to be filed before any kind of construction could begin. 

"I think the County Executive and the Pegulas are taking the very conservative path," Saperston said. 

You can see more of what the County Exective had to say on the issue HERE, and listen to Saperston on the issue below.

Comments ()