First announced in December 2017, the Belmont Redevelopment Project will construct a new 19,000-seat arena for the Islanders, a hotel and a 350,000 square foot retail village on underutilized state land at Belmont Park. This summer, the project received final public approvals, paving the way for site preparations to begin and for the project’s long-term lease to be finalized.

In the coming years, this $1.3 billion project will transform 43 acres of largely-vacant parking lots into an international sports and hospitality destination – creating 10,000 construction jobs and $2.7 billion in economic activity. Once the project is fully built, it will sustain 3,200 permanent jobs, create $858 million in economic activity annually, and generate over $40 million in new tax revenue each year.

In addition, the LIRR will construct a full-time, Main Line LIRR station at Elmont to serve both the arena complex and the local community. This is the first new full-time LIRR station in decades, and, thanks to an innovative public-private partnership, the majority of the cost will be covered by the project’s private development team. In addition, the developers will fund upgrades to two local parks and provide space for community organizations on site.

This project will help boost Long Island’s economy, expand the region’s transportation network and build the new home arena the Islanders and their fans deserve. To learn more about the project, click here.