Plan A includes an 18,000-seat arena that would hold 150 events annually, which would include concerts and other special events besides National Hockey League games. The plans also include 435,000 square feet of retail space along with a hotel, the people said, asking not to be identified as the information isn't public.
"It is a win for the community, big economic development initiative".
The state-run Empire State Development Corp. announced in July a request for proposals to develop vacant and underutilized parking lots at the site of the racetrack. As you would expect, Islanders owner Jon Ledecky received the loudest ovation.
The arena likely would not be finished by the start of the 2019-20 season as the Islanders and Oak View Group - the development company that has gone in on this bid with the Islanders - would not break ground. That's about 4,000 less than the team's final season at the Nassau Coliseum on Long Island.
The Islanders submitted a development bid for a portion of the Belmont complex in September with several partners, including owners of the Mets and Madison Square Garden.
With the news of the Islanders heading back to Nassau County, loyal fans of the franchise can now breathe a sigh of relief.
"For us as players and our fan base to have somewhere you know it's written in stone that we're going to have a home built for the Islanders on Long Island is pretty special", Tavares said. For a team looking to end a short, tumultuous relationship with the Barclays Center after moving from the Nassau Coliseum on Long Island, the deadline for negotiating their way out of the 25-year lease in Brooklyn ends on January 1.
Barclays Center officials months ago made a proposal for the Islanders to utilize Nassau Coliseum as a temporary venue until the new arena is ready, according to a person with knowledge of the talks.