NOBODY is surprised with the Empire State Development agency voting to proceed with the stadium , hotel, retail space and more….
After Amazon backed out of their deal with New York City and New York State?
New York Governor Cuomo was not letting this one go…..
The state board responsible for economic development on Thursday unanimously approved a $1.3 billion arena and entertainment complex to be the new Nassau County home of the New York Islanders.
The six members of Empire State Development voted just after 5 p.m. for the Islanders’ plan following a two-hour meeting in Manhattan that included public comment from residents, civic groups and lawmakers. All but two speakers supported the project.
New York Arena Partners, the project developers, have proposed a 19,000-seat arena, 350,000 square feet of upscale shops and restaurants, a 250-room hotel and parking on the vacant state-owned property at Belmont Park.
The development group is a partnership of the owners of the Islanders, the New York Mets and arena development company Oak View Group.
Last week, the state Public Authorities Control Board approved ESD’s acquisition of the 43-acre Belmont property from the state Franchise Oversight Board, the agency that oversees the New York Racing Association and all activity at Belmont.
The Franchise Oversight Board still needs to approve the state’s environmental review before construction can begin. That approval is expected in a matter of weeks, paving the way for a groundbreaking ceremony.
The new Islanders arena, which the developers expect to cost $955 million, is slated to open in the fall of 2021. That would represent the end of a decadelong search by the National Hockey League franchise for a new modern arena.
Islanders co-owner Jon Ledecky, speaking toward the end of the meeting, became emotional when thanking fans and promised to be good neighbors to Elmont and Floral Park. Then he spoke directly to ESD chairman Howard Zemsky: “It’s been a two-year journey and I want to thank you from the bottom of my heart,” Ledecky said.
The Belmont arena also would be the first major league sports arena to be built on Long Island since the Nassau Coliseum opened in 1972. The Coliseum was home to the Islanders until they left for Brooklyn’s Barclays Center in 2015.
Gov. Andrew M. Cuomo brokered a deal last year for the Islanders to split their games between Barclays Center and the Coliseum while they await the opening of the Belmont arena.
Thursday’s approval also opens a 120-day window for opponents of the project to file lawsuits against the state.
Fall 2021 — Anticipated arena opening…..