The Town of Islip
“An Economic Game-Changer for Long Island”
Crawford has been selected to serve as an advisor for a public-private partnership between The Town of Islip, Suffolk County and JLL to deliver Midway Crossing, a $2.8 billion mixed-use project that will be located on Long Island. The project will be the largest commercial or residential development on Long Island in the last 50 years, spanning approximately 2.7 million square feet across 179 acres. Plans currently call for a variety of uses, including life sciences, healthcare, and hospitality, as well as a convention center and traditional retail, restaurant, and entertainment space. The project is anticipated to collectively generate more than $4.5 billion in annual economic impact upon completion.
Under the current development plan, Midway Crossing will serve as a multi-modal transit hub, connecting the Long Island MacArthur Airport, as well as the Ronkonkoma Station of the Long Island Rail Road (LIRR) via a 1,800-foot corridor.
A new top-flight hotel and convention center would fill a regional hospitality void, facilitating local tourism, including for those enjoying sports and entertainment options. Midway Crossing is poised to produce unprecedented economic benefits. They include a $4.5 billion total recurring annual economic impact upon full build-out, with $2.7 billion coming from all project elements, except the airport, and $1.8 billion derived from airport improvements and associated tourism benefits and jobs.
Critically, Midway Crossing would help Long Island retain the two-out-of-three young people, who say they plan to leave in the next five years due to a lack of good-paying jobs, according to Suffolk County. A total of 9,300 career-track positions (5,500 primary and 3,800 secondary) would be created, including 4,300 careers in the STEM and healthcare fields. And, during all phases of construction and development, Midway Crossing would yield a $1.95 billion total economic impact, while employing 14,500 individuals, the development partners estimate.
CLIENT
The City of Islip
LOCATION
Long Island, NY
SIZE
2.7 million square feet | 179 acres
CONSTRUCTION COST
$2.8 Billion
EXPERTISE
P3 Advisory, Master Planning/ Concept Design, Architecture, Hospitality, Mixed-Use, Signage & Wayfinding, Health & Wellness, Life Sciences, Convention, Retail & Entertainment, Transportation
This transformational project would benefit residents across all 10 of our towns, and bring an increase in tourism, business, and educational opportunities and advances to our region. We believe Midway Crossing’s leveraging of existing and regional assets will serve as an economic boon to all of Long Island and the State of New York.”
From local leaders who wrote in a joint letter signed by Islip Town Supervisor Angie Carpenter, Brookhaven Supervisor Edward Romaine, Babylon Supervisor Rich Schaffer, Huntington Supervisor Edmund Smyth, Smithtown Supervisor Edward Wehrheim, Riverhead Supervisor Yvette Aguiar, Southampton Supervisor Jay Schneiderman and Southold Supervisor Scott Russell.
We need to think big for our future, and Midway Crossing does just that – it is a collaborative public-private partnership that maximizes the potential of Long Island MacArthur Airport and the nearby LIRR train station and creates a true destination that includes new commercial opportunities to replace what is mostly asphalt right now. This is a game changer that will create new jobs, spur economic growth and attract young professionals and businesses.
Matt Cohen, president and CEO of the Long Island Association.
