Construction has officially commenced on the new $1.7 billion Buffalo Bills stadium, directly across from the current Highmark Stadium. The excitement around this ambitious project has led to a flurry of property listings near the site, though prospective buyers remain hesitant.
Local business owner Joelle Janish, who runs Kettles bar near the stadium, listed her 4-acre property for $2.6 million, hoping to capitalize on future development. “This property holds immense promise for being part of the exciting new developments,” Janish noted. Despite such optimism, interest from buyers has been tepid, with the Bills being the only confirmed buyers, purchasing a nearby property for expanded parking.
The sluggish buyer interest is attributed to high prices and uncertainty surrounding future developments. Orchard Park’s restrictive zoning laws also play a role in the hesitation. However, this could soon change, as the town board is considering relaxing height restrictions to attract larger investments, potentially allowing for hotels taller than two stories.
Local officials are keen to transform the area into a year-round destination, beyond the 10 NFL games and occasional concerts. A proposal has been submitted to host the NFL Draft in 2028 or 2029, drawing inspiration from Detroit’s successful hosting of the event.
While local authorities work on zoning reforms, nearby Hamburg is also pursuing revitalization plans. Real estate professional Alina Pierowicz highlights that many residents hope Orchard Park will adopt successful development strategies seen in other NFL towns.
Although there’s growing curiosity among potential investors, many sellers are holding out for more favorable conditions. With the stadium’s construction underway, anticipation builds for what the future holds, but for now, the market remains in a state of cautious optimism.
