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

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
Michael Fulfree and Bianca D’Alessio of Nest Seekers International (Nest Seekers)
They can sell the Hamptons. But can they sell “Selling the Hamptons”?
They can sell the Hamptons. But can they sell “Selling the Hamptons”?
(Illustration by The Real Deal)
More than 14K LI residents in mortgage delinquency
More than 14K LI residents in mortgage delinquency
Douglas Elliman Executive Chairman Howard Lorber (Elliman)
These are Long Island’s top brokerages by agent headcount
These are Long Island’s top brokerages by agent headcount
Clay Grubb (Grubb Properties) and 257 Main Street (claygrubb.com, Google Maps)
Grubb planning 173-unit Hempstead rental
Grubb planning 173-unit Hempstead rental
East Hampton Moves to Limit Access to its Airport (iStock, Wikipedia, Illustration by Kevin Cifuentes for The Real Deal)
East Hampton Airport to limit access from noisy aircraft
East Hampton Airport to limit access from noisy aircraft
21 Muchmore Lane in East Hampton, LI and  East Hampton Mayor Jerry Larsen (Google Maps, East Hampton Village NY Proud City)
Dispute stalls East Hampton’s $2.8M community preservation fund purchase
Dispute stalls East Hampton’s $2.8M community preservation fund purchase
Birch Group CEO Mark Meisner and 1 and 2 Jericho Plaza (Birch Group)
Birch Group acquires $212M suburban office portfolio
Birch Group acquires $212M suburban office portfolio
313 Three Mile Harbor Road in East Hampton (Out East)
Hedge funder Heath Freeman buys East Hampton restaurant for $4M
Hedge funder Heath Freeman buys East Hampton restaurant for $4M
arrow_forward_ios

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

Loading...