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Mets proprietor Steve Cohen proposes $8 billion leisure district adjoining to Citi Discipline



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New York Mets proprietor Steve Cohen has large plans in Queens that stretch past the confines of Citi Discipline. On Tuesday, Cohen revealed his plans for Metropolitan Park, an leisure district outdoors the stadium that can embody a on line casino, lodge, and music venue.

The undertaking would price $8 billion and would additionally present facilities like 20 acres of inexperienced area, athletic fields and playgrounds. The leisure district can be run by Exhausting Rock Worldwide, at the side of Cohen, who mentioned he wished to enhance the fan expertise on and off the sphere.

“It is time the world’s biggest metropolis acquired the sports activities and leisure park it deserves,” Cohen mentioned, per the New York Put up. “After I purchased this group, followers and the group stored saying we wanted to do higher. Metropolitan Park delivers on the promise of a shared area that folks won’t solely wish to come to and revel in however will be really happy with.”

There may be nonetheless a whole lot of work to be finished with a purpose to get the proposal off the bottom. For starters, Cohen would want approval from state politicians and regulators, together with New York Governor Kathy Hochul. For the reason that undertaking can be on what’s now parkland, Hochul would want to approve a business growth, in line with the Put up.

That approval is likely to be barely harder for Cohen to get as a result of, in 2014, his hedge fund SAC was pressured to pay a $1.8 billion high quality stemming from fraud fees.

If Metropolitan Park is constructed, it might be close to fairly just a few different main sports activities scorching spots within the metropolis. It will be surrounded by Flushing Meadows-Corona Park, the house of the US Open, in addition to a brand new stadium for New York FC.





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