The Kansas City Chiefs will leave Missouri to play in a new stadium in neighboring Kansas after state lawmakers approved funding for the project on Monday.

The team announced it will relocate to Wyandotte County, just west of Kansas City, where a $3 billion stadium is being constructed, scheduled to open for the 2031 season.

“Today is an extraordinary day in the history of the Kansas City Chiefs,” said Chiefs chairman and CEO Clark Hunt. “We are excited to partner with the State of Kansas to bring a world-class stadium to our fans. This project represents another step in our legacy of innovation and our fan-first mentality.”

The Chiefs have called Arrowhead Stadium home since 1972. Their new venue will be fully enclosed and feature a mixed-use entertainment district, along with a new team headquarters and training facility in Kansas.

The stadium project is backed by a public-private partnership, requiring no new state budget funds and no new taxes for residents.

“This is a great day for Kansas City Chiefs fans,” NFL Commissioner Roger Goodell said. “The Chiefs’ new enclosed stadium will be a stage for unforgettable moments, whether it’s playoff games, concerts, or championship events.”

The announcement comes as the team nears the end of a disappointing season, having missed the playoffs for the first time since the 2014-2015 campaign.