The Metropolitan Park casino project near Citi Field in Queens has received key approval from a community advisory committee, moving it closer to final licensing, with support citing economic benefits and job creation, despite some political opposition.
Steve Cohen's plan to build an $8 billion casino called Metropolitan Park next to Citi Field in Queens has moved closer to approval after a community advisory panel unanimously supported the bid, which now awaits state licensing. The project aims to create thousands of jobs, include affordable housing, and boost local development, with Cohen leveraging extensive community outreach and lobbying efforts. This marks a significant step in Cohen's diversification from hedge funds to casino ownership, following mixed success with his sports team and past legal issues.
Steve Cohen's $8 billion Metropolitan Park casino project received community approval, moving it closer to final licensing in New York, despite competition and community concerns about gambling impacts.
The $8 billion Citi Field casino proposal in Queens, backed by Mets owner Steve Cohen, has passed a key local vote and moved closer to approval, despite mixed community reactions and ongoing protests. The project aims to create a large entertainment complex and thousands of jobs, but faces opposition over concerns about displacement and community impact. It is one of eight proposals competing for three licenses in the region, with final decisions expected in December.
Amazon has opened the first phase of its second headquarters in Arlington, Virginia, exceeding job creation projections and creating a new public park space, 14 locally owned small businesses, improved neighborhood connectivity, and other amenities encouraging activity 18 hours a day. The Metropolitan Park project includes more than 2.1 million square feet, two 22-story buildings, and a new 2.5-acre public open space that features a dog park, recreation areas, seasonal weekend farmers markets, and more. The buildings feature spaces for Amazon employees to gather called “centers of energy," and the complex has secure, transportation-related features and spaces, including 620 bike racks, two bike repair and wash stations, a half-mile of new, protected bike lanes, and locker rooms with showers for commuters.