Lambeau Field To Add 6,600 More Seats, Stock Sale Possible

The Packers said they'll seek NFL approval for a public stock sale to help fund the new Lambeau Field expansion.

The Green Bay Packers made official on Monday their plans for Lambeau Field expansion that will include approximately 6,600 more seats in the south end zone and the possibility of new public stock sale to help fund the project.

“We’re excited to begin work on the expansion of Lambeau Field,” said Packers president Mark Murphy. “This project will benefit the Packers and our fans through two new gates for better stadium entry and exit, additional seats and updated amenities, as well as more gameday crowd noise focused on our opponents. It also will benefit our community, initially through construction jobs, but also in the long term through the increased economic impact of additional fans coming to Packers games each year.”

The entire project will cost an estimated $130 million, and the Packers made clear they will pay for all of it with no public tax money to be sought.

The Packers said they will seek NFL approval for a possible stock sale, in part to fund the expansion project.

Other funding options include traditional borrowing, a user fee associated with the new seats and other funding options through the NFL.

The seating expansion in the south end zone will make Lambeau Field the fourth largest stadium in the NFL from a capacity viewpoint. All new seats will include seatbacks and some with arm rests. The plans call for mostly general seating although some premiere seating options with access to concessions will be included.

A new north end zone gate will be constructed with rooftop viewing terrace for club-level ticket holders.

Plans for the new gates include new elevators and escalators that will help improve traffic flow and easier entry and exit to and from the stadium.

Ticket pricing is still being discussed, but the new seating in the south end zone is expected to cost more than the general bowl seating.

The seats will be made available first to current-season ticket holders and then open seats will be made available to those on the season-ticket waiting list.

There will be a ground breaking on Sept. 1 with the project planned to be completed in time for the 2013 season.

0 points
 

Comments (17)

Fan-Friendly This filter will hide comments which have ratio of 5 to 1 down-vote to up-vote.
maxginsberg's picture

August 25, 2011 at 11:22 am

Fresh off a Super Bowl victory, I can't think of a better time to offer a stock sale. Assuming the NFL allows this, I wonder what the shares will cost?

0 points
0
0
Brian Carriveau's picture

August 25, 2011 at 11:24 am

Last time it was offered I believe it was $200 plus processing or some other name applied to a fee.

0 points
0
0
PackersRS's picture

August 25, 2011 at 11:47 am

Any word on how long the project will take, and if there'll be the necessity of any home games being relocated to another venue?

0 points
0
0
Brian Carriveau's picture

August 25, 2011 at 11:58 am

You didn't read the whole article, RS ;) The last thing I wrote, it will be completed in time for the 2013 season. The Packers didn't say anything about games being moved, but I can pretty much guarantee they won't. There would be absolute outrage if they had to do that.

0 points
0
0
PackersRS's picture

August 25, 2011 at 12:25 pm

Oops, yeah, didn't read the last paragraph, kinda feel embarassed...

But how will they manage to work on Lambeau without affecting the games? I don't know how it happened the first time, wasn't online back then...

0 points
0
0
PackerAaron's picture

August 25, 2011 at 12:27 pm

It will be a construction zone, plain and simple. It was a bit of a mess when they did the renovation but this won't be near that size. I just hope they have to relegate visiting teams to a trailer again for their locker room...

0 points
0
0
PackersRS's picture

August 25, 2011 at 12:40 pm

Hey, Minnesota has that awful fake noise, and Chicago has that awful field. It's only fair...

0 points
0
0
Ceallaigh's picture

August 25, 2011 at 01:59 pm

That would be AWESOME.

Hey, Urlacher, that isn't your locker room. Yours is the van down on Potts. Good luck with that.

0 points
0
0
FITZCORE1252's EVO's picture

August 25, 2011 at 12:30 pm

What is the current capacity?
Anybody know?

GBP 4 LIFE

0 points
0
0
Mark's picture

August 25, 2011 at 12:53 pm

Fitz: 73,128+6,600= 79,728

0 points
0
0
FITZCORE1252's EVO's picture

August 25, 2011 at 11:10 pm

Thanks man

0 points
0
0
Idiot Fan's picture

August 25, 2011 at 03:43 pm

I always liked the look of the single-tiered stadiums like (current) Lambeau, so I'm not really a fan of this, but oh well.

0 points
0
0
Kevin's picture

August 25, 2011 at 03:46 pm

If you were to buy stock, would it be fairly easy to do so? Or would you have to buy it like immediately after it becomes available because of all the people who want to be part-owners of the Super Bowl Champs?

0 points
0
0
CaLIPACKFAN's picture

August 25, 2011 at 05:55 pm

We are going to beat Qwest field and Arrowhead as the loudest stadium.

0 points
0
0
Lynn Dickey 12's picture

August 25, 2011 at 08:01 pm

I'd like to see some dB comparisons. I have my doubts that anyone can beat Qwest among the outdoor venues since it has the echo inducing roof over the fans.

Still, an enclosed facility with 6,000 people added with no glass between them and the field will be a real winner.

Downside: Makes it harder to grow grass on south end of the field, long winter shadows will put it in the shade even more.

Question: Will the Packers continue using those all-night grow lights that they started with last year? Did they work?

0 points
0
0
FITZCORE1252's EVO's picture

August 25, 2011 at 11:22 pm

I've been to a few games at qwest, now century link (or THE CLINK as the kids are calling it)
since I've lived out here... No way! I can attest to the noise, it really can get impressive. I don't care how many seats we add, we ain't touching that place. I recommend going if you ever get the chance, really nice place with great views of the sound and rainier. I will say though, it might beat us at sounds and aesthetics but you just dont get goose bumps when you walk in there... We got history and bleachers baby!

GBP 4 LIFE

0 points
0
0
FITZCORE1252's EVO's picture

August 25, 2011 at 11:28 pm

I took my seahawk buddy to lambeau a couple years ago when we destroyed the hawks, he was super impressed with the whole experience... from pregame tailgating to postgame partying. Every football fan needs to experience it!

0 points
0
0