Your guide to NYC's public proceedings.
PRESENTATION
Community benefits package for the Metropolitan Park project
0:28:40
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116 sec
This chapter details the extensive community benefits package proposed as part of the Metropolitan Park project, totaling over $1.1 billion in commitments.
- $320 million for building a new 25-acre public park, athletic fields, and ball courts.
- $480 million for transforming the MTA station and climate infrastructure investments.
- $163 million community benefit fund to support local community groups over the project's lifetime.
- $150 million for building the Taste of Queens food hall and community space.
- $25 million for one-time neighborhood projects, including a health clinic, youth and senior services.
The chapter concludes by emphasizing the project as a once-in-a-generation opportunity to transform the area around Citi Field, utilizing one of the three available gaming licenses to deliver significant community benefits.
Michael Sullivan
0:28:40
Next slide.
0:28:43
As part of this project, we've made a $1,100,000,000 and counting commitment to our local community.
0:28:50
It includes $320,000,000 to build the brand new 25 acre New York City public park, athletic fields, and ball courts that we've workshopped with the neighbors around us.
0:29:01
We're spending $480,000,000 to transform the MTA station that Greg just showed you and make and make the climate infrastructure investments that he described.
0:29:11
A $163,000,000 community benefit fund that will throw off dollars every year over the history of the project to support local community groups in the neighborhoods around us.
0:29:22
A hundred $50,000,000 to build the Taste of Queens food hall and community space that Greg just showed you, and $25,000,000 in one time neighborhood projects, including a health clinic in youth and senior services for our neighbors.
0:29:38
Next slide.
David Karnovsky
0:29:41
In closing, I just want
Michael Sullivan
0:29:42
to say we view this as a once in a generation opportunity to transform the area around Citi Field.
0:29:49
As Julissa said at the outset, this is a long term lease that runs till 02/2005.
0:29:56
We're sitting on 50 acres of asphalt parking lots.
0:30:00
If we fail to advance this project, we're gonna have 50 acres of asphalt parking lot sitting around Citi Field for at least the next eighty one years.
0:30:09
This is the once in a generation opportunity to use one of these three gaming licenses to completely transform the area around Citi Field.
0:30:18
And I believe we can do more with one of these gaming licenses than any of the other opportunities the state will see and the city will see to really deliver community benefits and transform the area around us for the good of our community and all of New York.
0:30:32
Thank you.
0:30:33
I appreciate you, mister chairman, and look forward to your questions.