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Wednesday, May 21, 2025

USTA to invest $800 million in US Open facilities in New York


 

From CNBC.COM

The  United States Tennis Association announced on Monday it will make an $800 million investment to transform and modernize tennis facilities for the U.S. Open.

The project marks the largest single investment in U.S. Open history and will feature a top-to-bottom renovation of Arthur Ashe Stadium in Flushing, New York, as well as a new $250 million player performance center.

The USTA said the project will be self-funded and will not rely on public funding or taxpayer dollars.

“This project enables us to maintain the greatest stage in tennis — Arthur Ashe Stadium — which was constructed more than 25 years ago, and modernize it in a way that will set it up for the next 25 years,” said Lew Sherr, CEO and executive director of the USTA.

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Between this, the Willets Point Development, and possibly the Casino project, traffic is going to be insane during those two weeks of the US OPEN,Mets Games, and the gambling. Imagine what the parking is going to look like. Thats a concern of mine too if the casino is built. Can you imagine how hard it is going to be to park if you are going to casino or to the ballpark on game days? Imagine living in the affordable living apartments across the street from all of this? It has the possibility of being a big catastrophe.

1 comment:

Anonymous said...

It wouldn't be too dissimilar to Yankee Stadium with the area there where parking's limited.