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Empire State Development Corporation Selects The New York Islanders To Redevelop Belmont Park
December 20, 2017
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Empire State Development Corporation (ESDC) has selected the New York Islanders as the winning bidder to redevelop Belmont Park.
“Today’s announcement that the Empire State Development Corporation (ESDC) has selected the New York Islanders bid for redevelopment at Belmont Park is a long overdue decision, one that has unnecessarily stalled growth in the region for years,” Senator Elaine Phillips said.
“The foundation has now been laid to make Belmont Park a reinvigorated economic engine for our region, which will strengthen the already existing racing industry, and make Nassau County a destination location. This development will create much needed job growth, contribute to economic development and enhance the business district along the Hempstead Turnpike Corridor.”
The Islanders’ proposal includes an 18,000-seat arena, as well as a full service hotel, expansive retail area and community space.
The Empire State Development Corporation was responsible for picking the winning bidder to develop at Belmont Park.
“Ensuring the surrounding communities voice remains heard during the redevelopment is paramount, and I will continue to advocate that the ESDC and NY Islanders keep an open dialogue throughout this endeavor to ensure residents remain informed and have their concerns addressed,” Senator Phillips said.
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