NIAGARA FALLS, N.Y. (WIVB) — Niagara Falls officials unveiled plans Wednesday for an aerial statue commemorating Nik Wallenda’s famous highwire walk across the falls.

The statue, announced on the tenth anniversary of Wallenda’s world-renowned stunt, will span the western end of Old Falls Street at the foot of Prospect Street, right in front of Niagara Falls State Park. The project is expected to take approximately a year and cost about $150,000, which Mayor Rob Restaino said would be privately funded.

The statue shows Wallenda stopping during his highwire act to point at someone, which he did when crossing Niagara Falls. Wallenda was also awarded a Key to the City of Niagara Falls on Wednesday. He said he would like to do another walk across the falls before he retires, starting in Canada next time and walking back into the United States. His preference is to walk untethered.

A map below shows the proposed location of the statue.

Wallenda was also honored separately with proclamations from both Restaino and New York State Senate Minority Leader Rob Ortt.

Around one year ago, Wallenda walked a high-wire over D’Youville College. Look back at that event here.

Jhas Williams is a traffic/feature reporter who has been part of the News 4 team since 2020. See more of her work here.

Evan Anstey is an Associated Press Award and Emmy-nominated digital producer who has been part of the News 4 team since 2015. See more of his work here and follow him on Twitter.