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.
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