New and Exciting Project with City Football Group

New York City FC will privately fund and build New York City’s first professional dedicated soccer venue; it is scheduled to open for the 2027 MLS season. The stadium is New York City’s and Major League Soccer’s first electric stadium. Twin Peaks has been providing services for the project since 2024.

The $780 million stadium will feature amazing views and the latest amenities. The stadium is privately financed by New York City FC. Etihad Park will establish the neighborhood of Willets Point as a leading destination for entertainment and sports. The project will provide food, beverage, and retail venues; office facilities; and City Square. City Square is a 35,000 square foot multi-purpose space, located inside the main entrance of the stadium. On non-gamedays, City Square will serve as a common area for the community.

Etihad Park is one part of Mayor Adams’ Willets Point transformation. The transformation will also provide 2,500 affordable homes, more than 40,000 square feet of community space, a 250-room hotel, a 650-student capacity school, and ground-floor retail stores.

The addition of the new 25,000-seat stadium will establish New York City as a national soccer capital. The project is evidence to the strength of public-private partnerships in fueling economic growth and establishing flourishing communities. The $3 billion project will produce over $6 billion in economic development in the area over the next 30 years. The project will create 1,550 permanent jobs and 14,200 construction jobs.

This plan is the result of collaboration between NYCEDC, the City of New York, New York City Football Club (NYCFC), and Queens Development Group (QDG), a partnership between Related Companies and Sterling Equities. The goal is to transform Willets Point into a mixed-use, economically integrated neighborhood. This would result in the reversing of the decades of neglect and bring forth the community long-lasting economic opportunity.