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Where did you even come up with those numbers given that a roof isn't mentioned in terms of renovations and the renovations wouldn't last as long as a new build?
Also, the idea for ancillary development probably won't show up due it coming from private sources or the fact that the report is strictly about the stadium structure itself.
So why is there a section devoted to ancillary development, year by year? In fact it even says, no ancillary development would even be done without subsidies. No hotels either.
So why is there a section devoted to ancillary development, year by year? In fact it even says, no ancillary development would even be done without subsidies. No hotels either.
From the report: "It should be noted that in both geographies, the ‘capture rate’ of new development by the stadium district
(“the district”), or the area immediately surrounding the existing or proposed stadium sites, has been
limited. In addition, it is not expected that a new/renovated stadium in either geography will significantly
change real estate development trends, which are driven by the underlying demographics and economics
of the area. However, with specific policy support from the public sector (City of Buffalo, Erie County,
and/or State of New York) and/or the Buffalo Bills (“the Bills” or “the Team”), additional capture of
development projected to occur in the broader geography to the future stadium district could be
contemplated. Over time, the development of a robust stadium district may increase property values in
the area, generating some “net new” fiscal impact.
When considering the Orchard Park location, fiscal impacts are limited. In the Downtown location, the net
present value of the net new fiscal impacts to the City of Buffalo and Erie County from increased future
property tax collections is estimated at a net present value of approximately $53 million in the baseline
capture rate scenario over a 30 year period. This incremental value would be driven by reaction of the
real estate market to the public infrastructure investment surrounding a downtown."
Something not mentioned is that ECC is actually looking to move from its current site near the new stadium. That has come after this report and in turn, is why the topic has popped up recently. Remember that this report is from late 2021, while the ECC move is a relatively recent idea. So, that could be the reason as to why they viewed the capture rate fiscal impacts as limited.
Also, if you go further down, it shows that there has been a lack of multi-family in Orchard Park, but in the March 5th BN article, the town officals have considered or are thinking more about zoning changes that can take place with the new stadium. You also have this interesting statement: "As shown, little to
no ancillary development is projected in Orchard Park. This could change through concerted policy efforts
by the municipality, County, State, and/or Team, however, community facility uses are likely the most
feasible given demand trends. Assessed property values are unlikely to change significantly."
So, given what town officials have stated, it looks like a concerted effort could be a reality, given the interest in ancillary development near the new stadium by said town officials.
So, the idea of ancillary development has come up many times by officials close to the project at the town and organiztional level, since that 2021 study has come out.
^"However, with specific policy support from the public sector (City of Buffalo, Erie County,
and/or State of New York) and/or the Buffalo Bills (“the Bills” or “the Team”), additional capture of
development projected to occur in the broader geography to the future stadium district could be contemplated."
As for the rest, it's not about what the town thinks. It's about the "potential" developers spending their money.
The ECC comment is meaningless, as there is so much other vacant land in the area besides that. As the campus has little use, why hasn't some been subdivided for development?
One other potential concern--I've heard rumblings about the Walden Galleria, with a large note that is due soon. They have tried in the past to get it extended with limited success. Coupled with the McKinley Mall issue, things don't look good for commercial development around the stadium.
^"However, with specific policy support from the public sector (City of Buffalo, Erie County,
and/or State of New York) and/or the Buffalo Bills (“the Bills” or “the Team”), additional capture of
development projected to occur in the broader geography to the future stadium district could be contemplated."
As for the rest, it's not about what the town thinks. It's about the "potential" developers spending their money.
The ECC comment is meaningless, as there is so much other vacant land in the area besides that. As the campus has little use, why hasn't some been subdivided for development?
One other potential concern--I've heard rumblings about the Walden Galleria, with a large note that is due soon. They have tried in the past to get it extended with limited success. Coupled with the McKinley Mall issue, things don't look good for commercial development around the stadium.
Why would the ECC comment be meaningless, given the site is right next to the new stadium? Again, the study was done years before ECC was looking to leave that South location. So, it isn’t going to account for more recent changes.
To go back up, the developer interest looks to be there for the ECC site, as mentioned in the BN article from 3/5 of this year.
The first part is just saying that development could occur with collaboration between public and private sectors for ancillary development. Meaning, the state could allow for development on the ECC site and to be honest, the timing of the idea of moving seems to be too coincidental.
What happens with Walden Galleria doesn’t have anything to do with potential development around the stadium though.
Why would the ECC comment be meaningless, given the site is right next to the new stadium? Again, the study was done years before ECC was looking to leave that South location. So, it isn’t going to account for more recent changes.
To go back up, the developer interest looks to be there for the ECC site, as mentioned in the BN article from 3/5 of this year.
The first part is just saying that development could occur with collaboration between public and private sectors for ancillary development. Meaning, the state could allow for development on the ECC site and to be honest, the timing of the idea of moving seems to be too coincidental.
What happens with Walden Galleria doesn’t have anything to do with potential development around the stadium though.
No, there's plenty of undeveloped space in OP. Just ask Thundaar who has lived there and knows. They could have broken off a piece of the campus if there was a serious proposal.
So you agree, development would be subsidized to even make something happen.
Walden Galleria and McKinley Mall's financial health DO mater.
Finally, and since you pick and choose what to respond to, please just show this:
Name of the developer
Square footage, or number of units to be built
Cost and timeline for said project.
No, there's plenty of undeveloped space in OP. Just ask Thundaar who has lived there and knows. They could have broken off a piece of the campus if there was a serious proposal.
So you agree, development would be subsidized to even make something happen.
Walden Galleria and McKinley Mall's financial health DO mater.
Finally, and since you pick and choose what to respond to, please just show this:
Name of the developer
Square footage, or number of units to be built
Cost and timeline for said project.
How if they currently occupy it? Again, any new stadium will usually have some type of mixed use development. so, even if the team doesn't spur it, there are private developers that appear to be interested.
No, it doesn't necessarily have to be subsidized, but if we are being honest, most development is subsidized to some degree.
Both of those malls are different types of developments from what would take place near the stadium.
I would also suggest reading the March 5th article again. That doesn't have anything to do with picking and choosing what to respond to.
How if they currently occupy it? Again, any new stadium will usually have some type of mixed use development. so, even if the team doesn't spur it, there are private developers that appear to be interested.
No, it doesn't necessarily have to be subsidized, but if we are being honest, most development is subsidized to some degree.
Both of those malls are different types of developments from what would take place near the stadium.
I would also suggest reading the March 5th article again. That doesn't have anything to do with picking and choosing what to respond to.
I've said before, that there will probably be something there like the Anchor Bar or 2, a Bills merchandise store, and maybe something else.
Having no dome definitely hurts the chances for a year round experience, so that doesn't help.
But I don't see anything near the examples you've given previously. Sure, there may be some housing, but OP already has a slow but steady housing development pipeline. To build housing on the ECC property would certainly be a waste unless it is in a far corner of that property.
I've said before, that there will probably be something there like the Anchor Bar or 2, a Bills merchandise store, and maybe something else.
Having no dome definitely hurts the chances for a year round experience, so that doesn't help.
But I don't see anything near the examples you've given previously. Sure, there may be some housing, but OP already has a slow but steady housing development pipeline. To build housing on the ECC property would certainly be a waste unless it is in a far corner of that property.
That wouldn't make sense, as that is not how development around new stadiums occur. It will likely be a mixed use development with some housing, hotels, some retail, some recreational and or attraction type site near the stadium. That is what would make the area into the stadium district mentioned in the 2021 study and would bring a node of activity around the stadium. The latter is lacking outside of maybe the village of Hamburg, which is a bigger village than the village of Orchard Park.
That wouldn't make sense, as that is not how development around new stadiums occur. It will likely be a mixed use development with some housing, hotels, some retail, some recreational and or attraction type site near the stadium. That is what would make the area into the stadium district mentioned in the 2021 study and would bring a node of activity around the stadium. The latter is lacking outside of maybe the village of Hamburg, which is a bigger village than the village of Orchard Park.
First, why does it have to be like other stadiums. One size doesn't fit all. If it's the same as other stadium districts, then what would be the attraction other than local?
One thing I know is that I wouldn't want to live so close to a stadium. All the noise, and traffic would really suck. Also, in the winter the winds blowing across those wide open parking lots.
First, why does it have to be like other stadiums. One size doesn't fit all. If it's the same as other stadium districts, then what would be the attraction other than local?
One thing I know is that I wouldn't want to live so close to a stadium. All the noise, and traffic would really suck. Also, in the winter the winds blowing across those wide open parking lots.
It isn’t about being like other stadiums. It is about utilizing the area throughout the year and to potentially maximize income to that area and even the franchise.
Also, some people want to live somewhere with easy access to events, activities, shopping, etc. without having to drive everywhere. That is where the mixed use aspect comes into play.
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