Latest news with #stadium
Yahoo
10 hours ago
- Business
- Yahoo
Chiefs Push For Major Move Amid Stadium Relocation Rumors
Chiefs Push For Major Move Amid Stadium Relocation Rumors originally appeared on Athlon Sports. There are several teams dealing with matters related to stadium transformation or relocation. The Buffalo Bills will move into their new location in Orchard Park, New York, next season while the Cincinnati Bengals made progress on Thursday to remain at their stadium long term. Advertisement Meanwhile there is another prominent AFC franchise in the realm of stadium real estate. There have been rumors circulating about the Kansas City Chiefs' interest in relocation which now have some legs after a development on Thursday. The Chiefs requested an extension to a June deadline for a financing package from the state of Kansas. This means the possibility of the team moving across state lines from Missouri could become a very real thing in the coming months. Team president Mark Donovan campaigned for the extension in a letter to the Kansas Senate, noting that the team has made "significant progress" on plans for a new stadium, per The Associated Press. "Together... we have the opportunity to bring the National Football League to Kansas, anchored by a world-class domed stadium, new team headquarters, a state-of-the-art practice facility, and a vibrant mixed-use and entertainment district," Donovan wrote in the letter. Advertisement The proposal will be considered at the Kansas Legislative Coordinating Council meeting on July 7. From there a determination will be made on an extension. The Kansas Legislative Coordinating Council is scheduled to meet July 7 to consider extending the incentive deadline. "The letter from Mark Donovan indicates that the drive to bring this historic project to Kansas is moving down the field," Kansas Senate president Ty Masterson said. "Now that we are in the red zone, this extension will provide stakeholders sufficient time to ensure the ball crosses the goal line." This comes on the heels of voters shutting down a sales tax extension that would financed a near billion-dollar renovation project at Arrowhead Stadium. A new domed stadium would streamline more revenue opportunities for the franchise though it would come at the cost of a decades long stay at Truman Sports Complex where the Kansas City Royals MLB franchise is also based. Advertisement Related: Chiefs' Andy Reid Gets Prestigious Ranking Related: Chiefs Urged To Sign $23.4 Million Star To Complete Offseason This story was originally reported by Athlon Sports on Jun 27, 2025, where it first appeared.
ABC News
a day ago
- Politics
- ABC News
Federal Group wants 'independent assessment and oversight' of Macquarie Point stadium
Daniel Hanna I think we always thought this would be the final process. Obviously, we had a debate not that long ago about referring the stadium proposal to the Project of State Significance and the Planning Commission. So we put in submissions in good faith. And yeah, I certainly believe probably the process should continue. I think we need some independent assessment and oversight of this proposal. Obviously, we've got quite a number of concerns about what is proposed for the stadium at Macquarie Point. I want the opportunity to hear them and think they should be independently assessed. David Reilly So to be clear, you feel like this overriding legislation that's been proposed or that's been supported, that's already been tabled and supported by both Labor and Liberal, we're expecting after the election, you feel that that is the wrong approach, Daniel Hanna? Daniel Hanna Yes, absolutely we do. I've had a good look through that draft legislation, which was previously tabled. And there obviously was a consultation process. We put in a submission to that, but we had a lot of concerns. I mean, effectively that draft legislation, if anyone can have a look at it, I'd encourage them to do so. Really what that took away was all of the, for example, the appeal rights for any third party. It would override any piece of legislation, anything in the planning scheme, and also would give the Minister of the Day absolute discretion to make amendments at any time. So really there's, we thought all of the usual protections that neighbours and other parties have would be overridden. And it's, I don't think a good piece of legislation at all. David Reilly So opening submissions today, you're not due to give evidence, I think for a week or so, is that right? But what's the gist of what you'll be telling the commission? Daniel Hanna Yeah, look, we're appearing next week and we'll be making our submissions. Obviously we put in a comprehensive submission to the TPC and we'll be making submissions along those lines. I mean, we've got a number of concerns and certainly some of the more general ones are around this. We believe this stadium is just, what's proposed is in the wrong location. It's in a heritage zone. We, as a private sector operator and investor, have developed in good faith, complying with the existing Sullivan's Cove planning scheme, which represents a lot of those heritage values. And we just don't think a 55 metre tall stadium of the bulk and height that's proposed is appropriate right to the edge of Evans Street. And it will forever change what is a beautiful maritime heritage zone that's valued by Tasmanians and visitors. David Reilly Well, also, of course, valued by your company, it does push up pretty closely against some of your own accommodation assets. Exactly what's in that area that Federal Group currently owns and operates? Daniel Hanna So we own and operate the Henry Jones Art Hotel and the facilities that surround the Henry Jones. We've also got the Mac One Hotel, both on the waterfront. Clearly the Henry Jones is probably the most impacted. If you look at that iconic vista, I guess, from the docks from Mures over towards Hunter Street and the Henry Jones, it really is one of the iconic images in Tasmania. Unfortunately, with the stadium that's proposed, we'll have a massive structure looming right over the top of Henry Jones, right to the edge of Evans Street. We've also got some other very direct concerns around the stadium during construction and operation in that location. And that goes to things like getting access, for example. We believe Evans Street will be closed a significant proportion of the time during construction and then operation. And that's how our guests, our staff and our suppliers can all access our hotels. We're very concerned about access. We're also concerned about other things, yeah, noise, lights and shadowing, and parking as well, to be frank. David Reilly We've had a couple of people asking about this Mac 2.0, the Stadium 2.0 proposal, backed by Dean Coleman and of course, former Labor Premier, Paul Lennon. One text are asking, is it true that Federal Group is behind Stadium 2.0? Now it's sort of gone off the boil a little bit, this project, but is that still your preference, that site? Daniel Hanna Yeah, look, that would still be our preference. I think it deals with a lot of the heritage issues that we've got concerns about. So I would certainly encourage whenever we run over this election and we have a new government in place to consider that proposal. But let me first of all, address the concern raised in that text. I can absolutely tell you that Federal is definitely not behind 2.0. David Reilly So not linked to 2.0 and Paul Lennon? Daniel Hanna No, we have nothing to do with that project. Obviously the proponents of that project have presented to us in the past as a company, many months ago. And we thought that that was a very good project, worthy of consideration, would address a lot of our concerns and is, I think, still worthy of consideration. We think it's a much better location and I think delivers a better bang for the buck.
CBC
2 days ago
- Business
- CBC
Regina Red Sox-commissioned study urges P3 model for potential new stadium in The Yards
Alexander Quon Proposed facility would built in phases with field, seating and essential infrastructure costing $15 million A study commissioned by the Western Canadian Baseball League's Regina Red Sox endorses a plan to build a new baseball stadium using a private-public partnership (P3), as proposed by influential businessman and soon-to-be-team-owner Shaun Semple. P3s are partnerships between government and private business to build public infrastructure. The feasibility study, carried out by DCG Philanthropic and partially financed by the City of Regina, recommends the new stadium be constructed at The Yards, a piece of land located downtown between Casino Regina and Dewdney Avenue. The proposed facility would be built in phases, with the field, seating and essential infrastructure coming first and costing $15 million. Future phases — expanding the facility to include enhanced training areas, concessions and community gathering spaces — would raise the total cost to $30 million. The study says a P3 would provide benefits such as a reduction in direct costs for the City of Regina, a sped-up timeline for construction and no taxpayer also says a traditional fundraising campaign could contribute $4 million to $8 million to the effort. Stakeholders interviewed as part of the study spoke about the potential to transform the Railyards area. "It is viewed as a potential catalyst for downtown revitalization, youth retention, tourism growth, and civic pride," the study concludes. Mayor Chad Bachynski spoke with CBC's The Morning Edition about the proposal on Thursday. He agreed that the project could potentially be a game-changer for the Warehouse district along Dewdney Avenue, but said he needs more details. "From my perspective, I want to make sure that the city is doing its part to make sure that we understand who all is interested in different areas in the city that would bring more vibrancy and opportunity," he said. Bachynski stressed that he views core infrastructure as the priority for the city. He said that while private funding can be a good thing, the city must carefully weigh all of the consequences — such as potential operating costs — before moving forward. "If someone's willing to invest, we want to hear that. We want to make sure we're seeing if there is a possibility to add another vibrant attraction to the city," Bachynski said. The Regina Red Sox currently play at Currie Field, a stadium that is more than 60 years old and in need of repairs. The sale of the Red Sox to the Queen City Sports and Entertainment Group was approved by the Western Canadian Baseball League this week. The group, which is fronted by Semple, also owns the local WHL hockey team the Regina Pats. Queen City Sports and Entertainment Group will take 100 per cent ownership of the Regina Red Sox on Oct. 1, 2025, at the end of the current season, and turn it into a private, for-profit business.
The Independent
2 days ago
- Business
- The Independent
Chiefs seek extension for Kansas stadium financing, raising possibility of move across state line
The Kansas City Chiefs have requested an extension to an end-of-June deadline for a stadium financing package from the state of Kansas, an indication that the NFL franchise's potential move across the state line from Missouri is a legitimate possibility. Chiefs president Mark Donovan requested the extension Thursday in a letter to Kansas Senate president Ty Masterson, a copy of which was obtained by The Associated Press. Donovan explained that the Chiefs have made 'significant progress' on plans for a new stadium development but that more time is needed to 'bring the effort to full fruition.' The Kansas Legislative Coordinating Council is scheduled to meet July 7 to consider extending the incentive deadline. 'The letter from Mark Donovan indicates that the drive to bring this historic project to Kansas is moving down the field,' Masterson said in a statement. 'Now that we are in the red zone, this extension will provide stakeholders sufficient time to ensure the ball crosses the goal line.' The Chiefs and Royals have played for more than five decades at the Truman Sports Complex on the east side of Kansas City, Missouri, where Arrowhead Stadium and Kauffman Stadium share parking facilities. But leases with Jackson County are due to expire in January 2031, and the two franchises have been trying to plot a course forward for years. Donovan indicated in his letter to Masterson that Kansas remains an enticing option. 'Together,' he wrote, 'we have the opportunity to bring the National Football League to Kansas, anchored by a world-class domed stadium, new team headquarters, a state-of-the-art practice facility, and a vibrant mixed-use and entertainment district.' Last year, Jackson County voters defeated a sales tax extension that would have helped to finance an $800 million renovation of Arrowhead Stadium — the home of the Chiefs — and a $2 billion ballpark district for the Royals in downtown Kansas City. While local and state officials in Missouri were considering another a stadium financing package, lawmakers in Kansas quickly and aggressively authorized bonds for up to 70% of the cost of new stadiums to be built in their state. Many believed the Chiefs and Royals would use the Kansas offer as leverage for a better deal from Missouri — including Kansas City, Missouri, Mayor Quinton Lucas, who acknowledged that "the teams are in an exceptional leverage position.' Finally, earlier this month, Missouri Gov. Mike Kehoe called lawmakers into a special session to approve a stadium financing deal that included disaster relief for the St. Louis area, where a series of devastating tornadoes caused widespread damage. The legislation authorizes bonds covering up to 50% of the cost of new or renovated stadiums in Missouri, plus up to $50 million of tax credits for each stadium and unspecified aid from local governments. The prevailing belief was that the package would be enough to keep the Chiefs at Arrowhead Stadium, where they have floated plans for a $1.15 billion renovation, and perhaps hold onto the Royals, who are still interested in building downtown. Yet news surfaced about a month ago that an affiliate of the Royals purchased the mortgage on a large property in the southern Kansas City suburb of Overland Park, Kansas, raising the possibility of building a new stadium and ballpark district there. And the letter from Donovan requesting an extension in Kansas indicates the Chiefs also are serious about switching states. Chiefs owner Clark Hunt has long professed his affinity for Arrowhead Stadium, which was built by his father and team founder Lamar Hunt. But he also is keenly aware of the revenue streams available by building a new domed stadium, including the chance to host the Super Bowl, the Final Four and other marquee sporting events. It is unclear where the Chiefs would build in Kansas, but one possibility is the juncture of Interstates 435 and 70 in Kansas City, Kansas. That's the site of Kansas Speedway, a mixed residential and commercial district called The Legends, the home stadiums of MLS club Sporting Kansas City and the Kansas City Monarchs minor league baseball club, as well as a casino, hotels, a major soccer training center and the infrastructure necessary to support a domed football stadium. 'We are excited about the potential for this project, which would represent the largest economic development initiative in the state's history," Donovan wrote in his letter Thursday. "Just as important, the presence of an NFL franchise in (Kansas) will serve as a powerful engine for immediate and long term-growth — driving national attention, sustained tourism, and billions more in private development across the state.' ___
Associated Press
2 days ago
- Business
- Associated Press
Chiefs seek extension for Kansas stadium financing, raising possibility of move across state line
LENEXA, Kan. (AP) — The Kansas City Chiefs have requested an extension to an end-of-June deadline for a stadium financing package from the state of Kansas, an indication that the NFL franchise's potential move across the state line from Missouri is a legitimate possibility. Chiefs president Mark Donovan requested the extension Thursday in a letter to Kansas Senate president Ty Masterson, a copy of which was obtained by The Associated Press. Donovan explained that the Chiefs have made 'significant progress' on plans for a new stadium development but that more time is needed to 'bring the effort to full fruition.' The Kansas Legislative Coordinating Council is scheduled to meet July 7 to consider extending the incentive deadline. 'The letter from Mark Donovan indicates that the drive to bring this historic project to Kansas is moving down the field,' Masterson said in a statement. 'Now that we are in the red zone, this extension will provide stakeholders sufficient time to ensure the ball crosses the goal line.' The Chiefs and Royals have played for more than five decades at the Truman Sports Complex on the east side of Kansas City, Missouri, where Arrowhead Stadium and Kauffman Stadium share parking facilities. But leases with Jackson County are due to expire in January 2031, and the two franchises have been trying to plot a course forward for years. Donovan indicated in his letter to Masterson that Kansas remains an enticing option. 'Together,' he wrote, 'we have the opportunity to bring the National Football League to Kansas, anchored by a world-class domed stadium, new team headquarters, a state-of-the-art practice facility, and a vibrant mixed-use and entertainment district.' Last year, Jackson County voters defeated a sales tax extension that would have helped to finance an $800 million renovation of Arrowhead Stadium — the home of the Chiefs — and a $2 billion ballpark district for the Royals in downtown Kansas City. While local and state officials in Missouri were considering another a stadium financing package, lawmakers in Kansas quickly and aggressively authorized bonds for up to 70% of the cost of new stadiums to be built in their state. Many believed the Chiefs and Royals would use the Kansas offer as leverage for a better deal from Missouri — including Kansas City, Missouri, Mayor Quinton Lucas, who acknowledged that 'the teams are in an exceptional leverage position.' Finally, earlier this month, Missouri Gov. Mike Kehoe called lawmakers into a special session to approve a stadium financing deal that included disaster relief for the St. Louis area, where a series of devastating tornadoes caused widespread damage. The legislation authorizes bonds covering up to 50% of the cost of new or renovated stadiums in Missouri, plus up to $50 million of tax credits for each stadium and unspecified aid from local governments. The prevailing belief was that the package would be enough to keep the Chiefs at Arrowhead Stadium, where they have floated plans for a $1.15 billion renovation, and perhaps hold onto the Royals, who are still interested in building downtown. Yet news surfaced about a month ago that an affiliate of the Royals purchased the mortgage on a large property in the southern Kansas City suburb of Overland Park, Kansas, raising the possibility of building a new stadium and ballpark district there. And the letter from Donovan requesting an extension in Kansas indicates the Chiefs also are serious about switching states. Chiefs owner Clark Hunt has long professed his affinity for Arrowhead Stadium, which was built by his father and team founder Lamar Hunt. But he also is keenly aware of the revenue streams available by building a new domed stadium, including the chance to host the Super Bowl, the Final Four and other marquee sporting events. It is unclear where the Chiefs would build in Kansas, but one possibility is the juncture of Interstates 435 and 70 in Kansas City, Kansas. That's the site of Kansas Speedway, a mixed residential and commercial district called The Legends, the home stadiums of MLS club Sporting Kansas City and the Kansas City Monarchs minor league baseball club, as well as a casino, hotels, a major soccer training center and the infrastructure necessary to support a domed football stadium. 'We are excited about the potential for this project, which would represent the largest economic development initiative in the state's history,' Donovan wrote in his letter Thursday. 'Just as important, the presence of an NFL franchise in (Kansas) will serve as a powerful engine for immediate and long term-growth — driving national attention, sustained tourism, and billions more in private development across the state.' ___ Associated Press writer John Hanna contributed from Topeka, Kansas. ___ AP sports:
