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Las Vegas Sands has proposed spending an estimated $4 billion to build a hotel with a full casino,
performance venue, day spa, pool, convention space, restaurants, outdoor community space and
tiered parking at the Coliseum site. The casino, officials said, would represent about 10% of the
project's total square footage.
What makes this different than the Lighthouse project which got canned? Different politicians to pay off?
I would agree to the 1000% except, there is a very tiny part of me that says, I am willing to suggest that with the continuing escalating tax burden, if the residents are able to be convinced this would ease or offset that burden they just might squeak it through. It won't be easy though.
What makes this different than the Lighthouse project which got canned? Different politicians to pay off?
That, and the county should be more desperate considering the Islanders left and built their new home. I don't think the county ever belived the team would permanently leave and thought that even Brooklyn was a negotiating tactic. The team called their bluff and finally made a move for their own financial benefit, after years of the county dangling the development carrot to every potential owner. Not having an anchor tenant has forced them to start waking up.
I would agree to the 1000% except, there is a very tiny part of me that says, I am willing to suggest that with the continuing escalating tax burden, if the residents are able to be convinced this would ease or offset that burden they just might squeak it through. It won't be easy though.
We have seen development in that area before with the development of Roosevelt Raceway and Mitchel Field, there has also been a surge of housing development over the last decade along Stewart Ave and to the North of Roosevelt Field, none of this has translated into any meaningful tax reduction. Besides there is a large downside with traffic and other services in addition to the casino and hotels increasing density. This was the same issue with the lighthouse.
Just a bad fit with 2 college campuses, Roosvelt Field and on the border of residential communities.
We should have a different vision for that property bringing in some technology companies, biotech.
That, and the county should be more desperate considering the Islanders left and built their new home. I don't think the county ever belived the team would permanently leave and thought that even Brooklyn was a negotiating tactic. The team called their bluff and finally made a move for their own financial benefit, after years of the county dangling the development carrot to every potential owner. Not having an anchor tenant has forced them to start waking up.
I still don't understand why we spent $200M to renovate the current coliseum with taxpayer funding and couldn't attract private funding to put an arena similar to UBS in the same location. The UBS cost $1B and really is not a good fit for that location but was still able to attract private funding.
I still don't understand why we spent $200M to renovate the current coliseum with taxpayer funding and couldn't attract private funding to put an arena similar to UBS in the same location. The UBS cost $1B and really is not a good fit for that location but was still able to attract private funding.
A huge part is probably the simple fact that the state actively sought out the project and knocked down roadblocks to get it done, while the county and TOH seemed like they were openly out to screw any potential developer, especially if opposite political parties were in power and the other side might get credit.
Also despite the Cross Island being a mess, the location is much more accessible by several modes of transit.
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