New stadium and mixed-use entertainment project is expected to create 20,000 jobs and generate more than $4 billion in economic impact for state
TOPEKA – Gov. Laura Kelly and the Kansas City Chiefs today announced that an agreement has been reached to build a domed stadium and a mixed-use entertainment district, as well as a new team headquarters, training facility and mixed-use development in Kansas. The project will be a massive economic win for the state, with the construction phase alone creating over 20,000 jobs and $4.4 billion in economic impact for Kansas. From there, the stadium will bring over $1 billion in annual impact.
The agreement includes two distinct parts: (1) a $3 billion stadium in Wyandotte County, which will open at the start of the 2031 NFL season; and (2) a new Chiefs headquarters and training facility in the City of Olathe in Johnson County. Both sites will have mixed-use developments that could include sports, entertainment, dining, shopping, office, hotel and residential properties.
“This agreement to bring the Chiefs to Kansas takes our state to the next level. With this new stadium, we’re creating thousands of jobs, bringing in tourists from around the world, attracting young people, and most importantly, we’re continuing to make Kansas the best place in America to raise a family,” Gov. Kelly said. “This is a game-changer for Kansas, and it’s a signal to America and the world that our state’s future is very bright.”
The agreement was approved today by the Legislative Coordinating Council (LCC) with strong bipartisan support. It will be a public-private partnership between the state and the Chiefs organization – and it will require no funds from the current state budget and no new taxes on Kansans. A fact sheet of the agreement and the independent Economic Impact Study can be found here.
“Today is an extraordinary day in the history of the Kansas City Chiefs,” Chiefs Chairman and CEO Clark Hunt said. “We are excited to partner with the State of Kansas to bring a world-class stadium to our fans. This project represents another step in our legacy of innovation and our fan-first mentality, which started with my father, Lamar Hunt. The stadium, practice facility, and surrounding development will benefit the entire region, and further elevate Kansas City in the eyes of the country and the world.”
“This is a great day for Kansas City Chiefs fans,” said NFL Commissioner Roger Goodell. “This public-private partnership, the result of a thoughtful and deliberate process, will build upon the Hunts’ generational legacy by boldly investing in one of America’s greatest fan bases. The Chiefs’ new enclosed stadium will be a stage for unforgettable moments, whether it’s playoff games, concerts or championship events. We congratulate the Chiefs and the Kansas City community on this important achievement.”
The Chiefs announcement adds to the Kelly-Toland administration’s unprecedented streak of winning business investment projects that create jobs and grow Kansas’ economy. Since 2019, Kansas has attracted more than $30 billion committed capital investment and created or retained almost 78,000 jobs.
“Kansas has had a streak of big economic wins, but nothing is bigger than this. This is truly once-in-a-generation,” said Lieutenant Governor and Secretary of Commerce David Toland, who led the state team that negotiated the deal with the Chiefs. “This happened because we brought Democrats and Republicans together to do what was best for Kansas – landing our state a huge economic win, without requiring a single dollar from the state budget or a tax increase on Kansans. This historic win is the latest in a series of major economic wins for Kansas, including the Panasonic headquarters, which all tell the same story: the future for Kansas, its workers and its economy is very exciting.”
“This is an extraordinary economic win for our state thanks to the effort of Governor Kelly and Lieutenant Governor Toland,” said Christal Watson, Mayor & CEO Unified Government of Wyandotte KCK. “All of us in Wyandotte and Kansas City, Kansas are excited to work with the Chiefs and are committed to driving results that strengthen our region and uplift our community.”
“This deal is a once-in-a-generation type of opportunity for our community and region. Having the Chiefs headquarters and training facilities here in Johnson County will be huge for our local economy – and a lot of fun for our families,” said John Bacon, Mayor of Olathe. “We’re eager to get to work, and are committed to ensuring the process – and the result – are first class, something everyone in Olathe – and all across Chiefs Kingdom – can be proud of.”
“Today, Kansas won the Super Bowl,” said Senate President Ty Masterson. “This is a huge win for Kansas. Now, we get to watch our beloved Chiefs play right here at home, keeping jobs and tax dollars right here in Kansas. Best of all, this will not cost one more penny for Kansas taxpayers.”
“Here in Kansas, we love the Chiefs, and we also love a good deal for taxpayers. So this is a win-win,” House Speaker Dan Hawkins said.
The project will be financed through a public-private partnership (60% public – 40% private). The public portion is funded through Sales Tax and Revenue (STAR) bonds and the Attracting Professional Sports to Kansas Fund – both funding mechanisms established specifically for this purpose – to ensure that there will be no new state taxes and no impact on the state budget. The STAR bonds were authorized today by a bipartisan vote of the Legislative Coordinating Council. The STAR bonds have two components: (1) It allows the state to designate a portion of new state sales tax revenues generated by this project in neighboring communities to fund this project; (2) It allows Wyandotte County and the City of Olathe to designate a portion of their local sales tax revenue generated by this project to pay for it. For more on STAR bonds, click here.
The Attracting Professional Sports to Kansas Fund was established by the legislature to dedicate revenue generated from iLottery and sports betting to recruit professional sports teams.
The Hunt Family is also committing to $1 billion in additional development, a portion of which can also be incentivized by STAR bonds.
