The Islanders are on the verge of opening a new arena. Construction of the new venue broke ground in September, though the team will have to wait a year before they have home field advantage. The new arena will feature a new hotel and 350,000 square feet of retail space. According to theislandnow.com, the new facility will create 10,000 new jobs and generate more than $2.7 billion in economic activity for Nassau County.