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Sabres acquire deed to begin construction of $172 million hockey-entertainment complex

Friday, 03.08.2013 / 11:25 AM / News

The Canadian Press

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Sabres acquire deed to begin construction of $172 million hockey-entertainment complex

BUFFALO, N.Y. - The Buffalo Sabres have the deed in hand, giving them the go-ahead to develop a $172 million hockey-themed entertainment complex across from their downtown arena.

Sabres chief development officer Cliff Benson and Mayor Byron Brown officially signed the paperwork to transfer the former parking lot in exchange for $2.2 million on Friday.

Construction crews have already broken ground, with work scheduled to be done by spring 2015. Once completed, the complex will include two ice rinks, a 200-room hotel overlooking the city's harbour front, a parking ramp and retail space.

Called HARBORcenter, the complex will serve as home to the Buffalo Regals, a local minor hockey association, which the Sabres acquired this week. The Sabres also hope to acquire national and international hockey tournaments.

Quote of the Day

I'm very excited about what happened today. We've worked on this deal with Toronto for a month, or over a month. It got a little bit of legs on draft day, but it really heated up last night, and we were able to complete the deal today.

— Penguins GM Jim Rutherford on Phil Kessel, who he acquired from the Maple Leafs in a trade on Wednesday