EDC adopts 700-page environmental impact study for $1.2B Belmont Park project

TRD New York /
Dec.December 10, 2018 03:58 PM

The board of the Empire State Development Corporation unanimously adopted a nearly 700-age environmental impact study of the $1.2 billion Belmont Park arena and entertainment complex, Newsday reported. The project will be the future home of the New York Islanders hockey team, which earlier this month resumed playing regular season home games in Nassau. As noted by Newsday, the report found that the project “would not have the potential to result in significant adverse cumulative impacts other than in the area of transportation.” The Belmont Park project, which in June enlisted the efforts of a multinational law firm as general counsel to the EDC, will bring traffic challenges to the Cross Island Parkway and Hempstead Turnpike. When done, the complex will hold a 19,000-seat arena, 435,000 square feet of retail and restaurants, a movie theater and a 250-room hotel. There will be public hearings on the environmental impact of the project for three days starting on Jan. 8, according to Newsday, with written comments being accepted through Feb. 11. The Islanders hope to move into their new home in time for the 2021-22 season. [Newsday]


Related Articles

arrow_forward_ios
In the Hamptons, the median sales price hit $1,080,000, up 9 percent over the first quarter (iStock)

Home prices set new records as inventory falls across Long Island

Home prices set new records as inventory falls across Long Island
Clockwise from top left: Deirdre O'Connell of Sotheby's International Realty, Paul Breunich of Sotheby's International Realty, and Heather Harrison of Compass

Tri-State brokers are busier than ever as buyers warm to suburban living

Tri-State brokers are busier than ever as buyers warm to suburban living
The New York State Senate subpoenaed several top names in real estate

Elliman, RE/MAX, Keller Williams subpoenaed in discrimination probe

Elliman, RE/MAX, Keller Williams subpoenaed in discrimination probe
Compass' Rory Golod and Long Island’s North Shore (Credit: Long Island)

Compass sets sights on Long Island’s North Shore

Compass sets sights on Long Island’s North Shore
Governor Andrew Cuomo (Credit: Getty Images)

Cuomo announces new state rules following Newsday’s discrimination exposé

Cuomo announces new state rules following Newsday’s discrimination exposé
How healthcare is saving Long Island’s office & retail markets

How healthcare is saving Long Island’s office & retail markets

How healthcare is saving Long Island’s office & retail markets
The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, probe finds

LI agents routinely discriminate against minority buyers, probe finds
Islanders expect to break ground on Belmont arena project this summer, late composer’s Sands Point estate has another price cut & more Long Island real estate news

Islanders expect to break ground on Belmont arena project this summer, late composer’s Sands Point estate has another price cut & more Long Island real estate news

Islanders expect to break ground on Belmont arena project this summer, late composer’s Sands Point estate has another price cut & more Long Island real estate news
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...