The New York City Council approved a project to redevelop Willets Point, which is the massive property home to mostly “auto dealers” across 126th street from Citi Field.
The estimated $3 billion plan is expected to take at least 15 years to complete, with construction expected to begin in 2015.
In 2011, the New York Times reported that New York and the Wilpon-owned Sterling Equities reached an agreement in 2012 to build a new, 200-room hotel with a 1.4 million square foot mall and parking garage next to Citi Field, all of which was part of the City Council’s approval earlier this week.
In late 2011, the above drawing (of a Phase 1 Request for Proposal (RFP) for the Willets Point redevelopment project) was posted online and made available to the public on NYCEDC.com.
Matthew Cerrone, Lead Writer
I was reluctant to post this story, mostly because this is a Mets blog not a Queens blog. But, given that Sterling has a reported stake in the project, and given that it could impact the overall Citi Field game-day experience, it seems relevant – even though none of this will matter over the next few years. It also has me wondering how this impacts the much-talked-about team debt, considering this is a massive project with seemingly lots of financial upside. Also, the traffic? Good lord, the traffic…
As I’ve said a million times before on this blog — putting the politics of this aside for a moment, only thinking selfishly as a baseball fan — the idea of having a Fenway- or Camden Yards-type atmosphere between the ballpark and 126th Street is pretty exciting. The above RFP makes it look like there could be lots of retail and residential space, plenty of bars, restaurants and other entertainment, plus a hotel, which has rooms up top that appear to look in to the ballpark, all of which sounds pretty exciting. I hope I live long enough to actually see this…
Read More: Crain’s New York