Future
Through 2007, debates raged whether to turn the space into a mega complex around a NASCAR track called EPCAL Centre or a giant ski resort based construction of an artificial 350-foot (110 m) high indoor ski mountain.
In January 2008, the Riverhead Town Board with newly elected officers signed a deal to sell the airport for $155 million to Riverhead Resorts to build a multi-facted resort.
It will take up to three years to get the necessary environmental permits and the original proposed opening date of the project is 2012.
A portion of the facility, including the industrial core, is also being developed as an industrial/office park.
On February 11, 2010 it was announced that the dormant railway track into the site would be reactivated for freight service. According to Railway Age magazine, Riverhead’s town board awarded a $3.49 million contract to Railroad Construction Co., of Paterson, New Jersey, to activate a rail spur off of the Long Island Rail Road's Main Line out to Greenport, for New York & Atlantic Railway freight trains. The project is being paid largely through federal stimulus funding.
Read more about this topic: Calverton Executive Airpark
Famous quotes containing the word future:
“The American West is just arriving at the threshold of its greatness and growth. Where the West of yesterday is glamorized in our fiction, the future of the American West now is both fabulous and factual.”
—Lyndon Baines Johnson (1908–1973)
“The circuited city of the future will not be the huge hunk of concentrated real estate created by the railway. It will take on a totally new meaning under conditions of very rapid movement. It will be an information megalopolis.”
—Marshall McLuhan (1911–1980)
“What a prodigious growth this English race, especially the American branch of it, is having! How soon will it subdue and occupy all the wild parts of this continent and of the islands adjacent. No prophecy, however seemingly extravagant, as to future achievements in this way [is] likely to equal the reality.”
—Rutherford Birchard Hayes (1822–1893)