Project would create about 15,000 temporary and permanent jobs

The developers would also improve the transportation infrastructure in the surrounding area, including better parking facilities and a more modern road and bike network. An entertainment complex would contain a Hard Rock hotel, as well as a casino, sportsbook, and live music venue. The plan is to have new park space cover 20 acres, with another five acres catering to playgrounds and sports fields. The billionaire said that it is about time that “the world’s greatest city got the sports and entertainment park it deserves.” A number of firms will be partnering with Cohen on this project including casino company Hard Rock International and SHoP Architects. Metropolitan Park would encompass about 50 acres surrounding the ballpark, revitalizing the area. Metropolitan Park would encompass about 50 acresĬohen revealed a plan on Tuesday that would see an investment of $8bn into developing an extensive sports, entertainment, and casino complex. He bought the New York Mets in October 2020 and now has a grand plan to transform the area around the team’s Citi Field in Queens. Steve Cohen, worth a reported $13.9bn, is one of the many people who has made a fortune in the Big Apple. New York City is one of the richest cities in the world.

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