Empire State Development Announces RFP for Belmont Park
Proposals are due September 28, 2017
July 31, 2017
Empire State Development (ESD) today issued a Request for Proposals (RFP) for the redevelopment of property within Belmont Park, located in Elmont within the Town of Hempstead, New York.
“Belmont Park represents an exciting and much-anticipated development opportunity on Long Island,” said ESD President, CEO, and Commissioner Howard Zemsky. “We encourage respondents to submit creative proposals that stimulate vibrant community and economic growth in the region.”
Belmont Park is a major thoroughbred horseracing facility first opened in 1905 and redeveloped from 1964-1968. The subject of this RFP is comprised of two parcels totaling approximately 36 acres, both currently vacant and underutilized parking lots. Site A contains a total of approximately 8 acres, bordered on the south by Hempstead Turnpike and adjacent to the Cross Island Parkway. Site B contains a total of approximately 28 acres and is located south of the Hempstead Turnpike. Respondents may also propose an alternative, which includes the sites and land adjacent to Site A, north of Hempstead Turnpike. Additional land adjacent to Site A included in respondents’ proposals shall total no more than 7 acres for a total of 15 acres including Site A. Respondents who wish to submit an alternative development proposal must also submit a proposal for the Sites.
The goal of this RFP is to strengthen Belmont as a premier destination for entertainment, sports, recreation, retail and hospitality on Long Island.
Proposals should strive to address the following development objectives:
- Enhance Belmont Park to become one of Long Island’s premier destinations for entertainment, sports, hospitality and retail, with uses that are complementary to the existing Belmont Park racetrack;
- Maximize economic benefit to the State while minimizing the State’s economic and environmental risk;
- Provide a source of quality jobs for area and New York State residents;
- Benefit the neighborhoods and communities adjacent to and surrounding Belmont Park;
- Maximize incorporation of green building and sustainable design practices;
- Feature meaningful participation of Minority- and Women-Owned Business Enterprises, and Service-Disabled Veteran-Owned Businesses.
Responses are due by 2:00 p.m ET on September 28, 2017. An optional site visit is scheduled for August 17, 2017. Respondents are not required to attend; however, if they wish to participate, they must RSVP to BelmontParkRFP@esd.ny.gov
The RFP and additional information is available on the Empire State Development website here.
About Empire State Development
Empire State Development (ESD) is New York’s chief economic development agency (www.esd.ny.gov). The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing Governor Cuomo’s Regional Economic Development Councils and the marketing of “I LOVE NEW YORK,” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.