The Joe Pomp Show Steve Cohen Wants to Spend $8 Billion to Transform Citi Field Into an Entertainment District
Feb 12, 2025
Steve Cohen's ambitious $8 billion vision turns Citi Field into an entertainment hot spot, complete with parks, hotels, and a casino. This transformation taps into a growing trend of stadiums as multi-use real estate. It dives into the potential economic benefits while addressing concerns about gentrification and the support needed from local politics. With inspirations drawn from successful models, this plan could redefine sports-centric communities.
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Cohen's Fan-Centric Approach
- At a Mets fan fest, Steve Cohen offered fans autographs from legends, tours of his suite, and access to team facilities.
- Cohen's approach emphasizes fan engagement and enjoyment.
Cohen's Priorities with the Mets
- Steve Cohen prioritizes fan happiness and winning over profits with the Mets.
- His disregard for profit and high spending has created tension with other MLB owners.
Metropolitan Park Project
- Steve Cohen's $8 billion Metropolitan Park project aims to transform Citi Field's surroundings into an entertainment hub.
- This privately funded project includes parks, hotels, venues, and a casino, with no displacement of residents or businesses.