The Kansas City Chiefs announced Dec. 22 they will be building a new stadium and mixed-use facilities in Kansas to relocate in 2031, leaving Missouri’s Arrowhead Stadium after over 50 years of calling it home.

The estimated $4 billion project will consist of a $3 billion domed stadium in Wyandotte County, Kansas, near Tanger Kansas City at Legends, a retail and entertainment district, planned to be opened by the beginning of the 2031 NFL season, according to the Kansas City Chiefs. The remaining $1 billion will be used to build a new Chiefs headquarters and training facility located in Olathe, Kansas.

Northwest graduate student Hanna Jonas said the current location of the stadium in Kansas City, Missouri, is more convenient for fans, especially because of the neighboring Kauffman Stadium — home to the MLB’s Kansas City Royals.

“I think that (the relocation) it’s good because it will bring in more revenue for Kansas, but I also think that it should stay in Missouri because that is where it has always been,” Jonas said.

The new facilities will be 40% financed through private sources and 60% through public funds. The public portion of the financing will be collected through Sales Tax and Revenue Bonds and the Attracting Professional Sports to Kansas Fund, according to the Kansas City Chiefs. The usage of these two funding plans ensures there will be no impact on the state budget and no new state taxes.

A STAR Bond is a tool that allows Kansas municipalities to issue bonds with the use of developing major tourism, entertainment and commercial projects in mind, according to Kansas Commerce.

Historically, the Chiefs’ annual Summer Training Camp has been hosted by St. Joseph, Missouri, and held at Missouri Western State University. Due to this training camp, there was an estimated $6.3 billion economic impact on the city reported in 2016 by the St. Joseph Convention and Visitors Bureau, according to The Pitch.

Following the franchise’s announcement of the relocation, Missouri Western State University published an official statement Dec. 22 saying it is proud to have served as the Summer Training Camp home of the Kansas City Chiefs since 2010.

“Training camp has been a point of pride for our campus, our students, and the greater St. Joseph community,” the statement said. “We will continue planning to make future training camps a great experience for the team and the fans.”

On the other side of the Kansas-Missouri border, during the construction phase of the project, there is an estimated $4.4 billion economic impact in Kansas and 20,000 jobs created, according to the Kansas City Chiefs.

Mayor of Kansas City, Kansas, and Unified Government of Wyandotte County Christal Watson said in a press release she believes the relocation of the stadium to Kansas is an extraordinary economic win for the state.

“All of us in Wyandotte (County) and Kansas City, Kansas, are excited to work with the Chiefs and are committed to driving results that strengthen our region and uplift our community,” Watson said.