It took months of deliberation and even a delay to the announcement, but the plan proposed by Sabres owner Terry Pegula and his legal team won the vote. The Sabres’ only competition was a plan proposed by NYS business man Carl P. Paladino.
The Sabres plan will call for two ice rinks, a hotel, a parking garage, and retail shops that will be built right on the waterfront along canal side. The plan has a cost of $123-million, and is expected to cost more in the form of public subsidies that the Paladino proposal, but obviously decided it was worth it based on what the city was getting.
The organization will pay $2-million for the block, and will have to break ground by March, 1 2013.
Sabres President Ted Black said that the “hockey campus” will be the first of its kind in the NHL and “quite possibly in North America.”
Sabres Chief Development Officer Cliff Benson said that ground will break on March 1, with the rinks and parking garage done by September 2014. The Hotel, he said, will be finished at a later date.