The Kansas City Chiefs have released updated economic projections for their planned move to Kansas, estimating the $4.5 billion stadium and development project will generate an $8.2 billion economic impact during construction.
According to a new report commissioned by the team, the project includes a proposed $3 billion domed stadium in Wyandotte County, a $300 million practice facility and team headquarters in Olathe, and approximately $1.2 billion in surrounding private development. Together, the projects are expected to create about 36,500 full-time equivalent job-years during construction and generate more than $106 million in tax revenue for the State of Kansas.
Once the stadium and related developments open in 2031, the Chiefs project the facilities will generate $1.5 billion in annual economic activity across the Kansas City region. The report estimates the development will support roughly 8,500 full-time equivalent jobs each year, provide nearly $834 million in annual employee compensation and produce about $67 million in yearly state tax revenue.
Chiefs President Mark Donovan called the project a "once-in-a-generation" investment, saying it will deliver lasting economic benefits while helping transform the region with a new stadium, practice facility and surrounding entertainment districts. Kansas legislative leaders also pointed to the projected job creation and tax revenue as key benefits of the project.
The updated projections come as the franchise continues planning its relocation from Missouri to Kansas. The Chiefs announced plans last year to build a new domed stadium and accompanying mixed-use development, with construction expected to be completed in time for the 2031 NFL season.
