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Mets playing ball with Citi as $600m park gets built.


Mayor Michael R. Bloomberg, Governor George E. Pataki, and the New York Mets
"Mets" redirects here. For the medical term, see Metastasis. For the file format, see METS.
The New York Mets are a professional baseball club based in the borough of Queens, in New York City, New York.
 hosted a ceremonial groundbreaking ceremony for the new ballpark, Citi Field This article or section is about a planned or proposed stadium.
It may contain information of a speculative nature and the content may change dramatically as the construction and/or
, for the New York Mets.

The Mets, in conjunction with their construction partners Hunt-Bovis and HOK, began construction of the 45,000-capacity Citi Field this summer in the outfield parking lot between Shea Stadium Coordinates:

    [
 and 126th Street. More than 2,200 of the 2,800 piles already have been driven. Construction is expected to be complete by Opening Day 2009.

The Mets are privately financing the construction and operation of the new open-air venue and will construct, operate, manage and maintain Citi Field at their own expense. The team estimates the amount of its total private investment to be in excess of $600 million.

Construction of Citi Field is expected to create more than 6,000 temporary full-time equivalent jobs.

Said senior executive vice president Jeff Wilpon, "More than three quarters of the facility's foundation piles already are in place and in the very near future--thanks to our new partnership with Citigroup--Citi Field will begin to rise just beyond our current outfield fence."

Citigroup and the New York Mets have inked an exclusive 20-year marketing and business partnership that includes the naming rights for the ball park. The deal also includes brand and business unit presence throughout the new ballpark; rights to the Mets and Citi Field marks; the purchase of media on SportsNet New York SportsNet New York (SNY) is a New York City-based sports cable network which airs in the New York metro area and all of New York state, and nationwide via satellite. It is owned jointly by the New York Mets, Time Warner, and Comcast.  (SNY n. 1. An upward bend in a piece of timber; the sheer of a vessel. ); the launch of community outreach initiatives; and the development of international business opportunities in sports and entertainment.

Mets chairman Fred Wilpon, who is chairman of Sterling Equities, commented, "The Mets and Citi together will bring new entertainment experiences and baseball enjoyment to Mets fans everywhere."

The City and State have been working with the Metropolitan Transportation Authority (MTA (1) (Message Transfer Agent or Mail Transfer Agent) The store and forward part of a messaging system. See messaging system.

(2) See M Technology Association.

1. (messaging) MTA - Message Transfer Agent.
) on both short term and long term options to make additional transit service available for Mets fans and to encourage more fans to take mass transit to games.

The Mets and Citi will commission a statue and name the entry rotunda rotunda

In Classical and Neoclassical architecture, a building or room that is circular in plan and covered with a dome. The Pantheon is a Classical Roman rotunda. The Villa Rotonda at Vicenza, designed by Andrea Palladio, is an Italian Renaissance example.
 of Citi Field--inspired by the classic design of Ebbets Field--to honor baseball pioneer, Jackie Robinson.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:Nov 22, 2006
Words:355
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