BUFFALO, N.Y. (AP) — A Buffalo development group has unveiled a proposal to build a $1.4 billion waterfront sports and entertainment complex that would include a new stadium for the Buffalo Bills.
Presenting his plan to city officials on Tuesday, Nicholas Stracick described his company's proposal as having the potential to preserve the Bills long-term future and change the city's rust-belt image.
Stracick's company has already spent about $1 million in commissioning leading sports facility architectural firm, HKS Design, to design a site plan. The next step is having the city acquire a 400-acre plot of land currently controlled by the region's transportation authority.
Stracick's proposal runs counter to the Bills' plans. They're committed to playing at Ralph Wilson Stadium, and are in negotiations to renew their lease, which expires in July.