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Well, the city, and specifically Mayor Bloomberg, is trying to help out. On Wednesday the New York City Council voted to approve the Willets Point Redevelopment project. The plan calls for a complete overhaul of the areas surrounding Citi Field, including the stadium's parking lot. Specifically, the chop-shops will be replaced by retail space and restaurants, as well as hotels. Additionally, the Citi Field parking lot will be mostly replaced by what is essentially a shopping mall. Over time the plan calls for the construction of residential housing units as well, which will likely consist of high-rise towers. The plan is estimated to cost about $3 billion and the Mets, through Sterling Equities, will presumably have a piece of the deal.
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That's not to say it is happening any time soon as it is. They have to cleanup the entire area, both environmentally and aesthetically, which currently has a target completion date of 2015. The retail space and hotel which is meant to replace the garages has a target completion date of 2016 and the mall has a target completion date of 2018. The residential spaces are well in the future and have a target date of 2024, but with dates that far in the future you cannot predict anything, let alone a completion date. The plan still has to go through environmental impact reports. The city has to accommodate the business owners that are currently in these areas, 95% of which are on board with the plan, but as with any plan, there are holdouts. Also...there will be lawsuits...lots and lots of lawsuits.
This doesn't even take into account the usual delays and over budget expenses that arise whenever New York City has such an ambitious plan. The World Trade Center plans have gone years and years beyond their projected calendar and the budget was swallowed up years ago.
In the end I think this is a good deal for the City, the Borough and, perhaps most importantly to you, the Mets. It will beautify the area, give Citi Field the surrounding it deserves, bring people to the Ballpark and perhaps help out the Mets budget. You can tell Mayor Bloomberg I am on board.
You can follow me on twitter at @joshuetree
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