A $1.3 billion redevelopment of Belmont Park will transform surplus land at the Long Island site into the new home of the New York Islanders, a 350,000-square foot retail and entertainment complex and new hotel that will create a world-class sports and entertainment destination.  The newly redeveloped Belmont Park, which is entirely privately funded, will serve as an internationally recognized destination for sports, entertainment, retail and hospitality, while strengthening the local economy and boosting tourism. 

Detailed plans for the project, announced in late 2017, include addition of more than 3,200 permanent jobs and 10,000 construction jobs—as well as economic impact through tourism and visitor spending.

In July 2017, ESD issued a competitive RFP and received three responses that were evaluated under the highest standards and criteria. ESD ensured robust community engagement, through numerous Community Listening Sessions, two site tours, an extensive interview process with respondents, briefings with REDC and local elected officials and more than 125 received written comments. On Dec. 20,  New York Arena Partners (NYAP) was conditionally designated to lead the redevelopment. NYAP is a partnership with Oak View Group, the New York Islanders, and Jeff Wilpon with Sterling Project Development serving as development manager.

In January 2018, the Governor announced that the New York Islanders will return home to Long Island in Fall 2018 - three years ahead of schedule. The Governor welcomed the Islanders back to NYCB LIVE, home of the Nassau Veterans Memorial Coliseum, where they will play 60 pre-season and regular home games, nearly half of all home games, over the next three years while construction on their new permanent home at Belmont Park is completed.

To contact the Belmont development team, call 516-548-3118 or email [email protected] or [email protected].