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Brakes put on SI speedway.


International Speedway Corporation has halted plans to build a 82,000-seat NASCAR racetrack on Staten Island Staten Island (1990 pop. 378,977), 59 sq mi (160 sq km), SE N.Y., in New York Bay, SW of Manhattan, forming Richmond co. of New York state and the borough of Staten Island of New York City. It is separated from New Jersey by Kill Van Kull and Arthur Kill, which are crossed by bridges. Ferries connect the island with Manhattan, and the Verrazano-Narrows Bridge links it with Brooklyn. after years of resisting fierce political opposition.

Community members opposed the racetrack on the grounds that the 450 acre site might be contaminated and that it might draw unwanted automobile traffic to the island, issues which overcoming would have added significant financial challenges, said Lenny Santiago

Santiago, city, Chile

Santiago (säntēä`gō), city (1990 est. pop. 4,395,000), central Chile, capital of Chile and of Metropolitana de Santiago region, on the Mapocho River.
, spokesperson for ICS.

ICS had projected the track would add sorely needed jobs and over $250 million to the economy every year. However, ICS has not given up on the idea of building a New York track.

"We are going to continue our efforts to search for a site to build a speedway in the New York market similar to the one we had planned for on Staten Island, though it may have to be tweaked See tweak. To make minor adjustments in an electronic system or in a software program in order to improve performance. See calibrate. somewhat in some other way to fit the site," Santiago said.

Likewise, construction work that began in 2005 bringing landfill to the Staten Island site will continue as ICS tries to determine whether to sell part or all of the property to another developer, Santiago said.
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Author:Wolffe, Danielle
Publication:Real Estate Weekly
Date:Dec 13, 2006
Words:184
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