The New York Cosmos believe that Belmont Park provides an excellent venue – already zoned for major sporting events, with access to public transportation, vast potential for job growth, both in construction and retail, and the addition of a major sports team to the New York metropolitan region.
The Cosmos are committed to taking their dream of a professional, world class soccer stadium and bringing it to the people who need it most. This development will provide a necessary economic boost to Elmont and Nassau County, and put Belmont Park back on stable financial footing.
The Cosmos’ proposal brings much needed revenue and jobs to Nassau County and Elmont. Construction at the site will create more than 500 jobs, in addition to over 3,000 full-time permanent jobs once the stadium, stores, restaurants and hotel are open.
Construction alone would generate over $500 million, concentrated in Nassau County, plus more than $200 million in annual revenue.
The project is expected to cost more than $400 million, will be privately funded with no expense to taxpayers.
As part of its proposal, the Cosmos are keeping local residents in mind. The proposal includes beautification of the land, in concert with the existing color pattern of Belmont establishments, including iconic green roofing. Lighting and landscaping improvements will be made, in addition to streetscape enhancements and a beautified overpass.
The stadium will have a downward slope from west to east, so the profile will be no higher than 30 feet along the residential perimeter. Plans ensure there will be an appropriate transition from the stadium to the nearby residential area.
To limit vehicular traffic, a pedestrian overpass will be erected connecting the stadium, south of Hempstead Turnpike, to restaurants, retail and the hotel to the north.
The Cosmos are determined to be partners with Nassau County and the Elmont community as we move forward. In addition to the stadium, we also plan to build a field specifically for the local community.
This field will be in the same vicinity as the stadium, and open to local youth soccer teams for practices and games. Additionally, we plan to build a community center, along with a brand new 1.2 acre public park for the community at the site’s southern tip.
The Cosmos are also pledging $2.5 million for the redesign and development of soccer fields throughout Nassau County.