Coney Island is about to get a major facelift. As Mayor Eric Adams prepares to leave office, he’s partnering with NYC Parks and the Economic Development Corporation (EDC) to transform the iconic boardwalk.

“We are going to deliver 1,500 new and mixed-income homes to the waterfront, 25% of which will be affordable, and restore the over 100-year-old boardwalk,” Adams said.

Historic Child’s Restaurant will be revived as a dining and concert hub, and the Abe Stark Sports Center is getting a $42 million upgrade, part of a larger effort to restore the 2.7-mile Riegelmann Boardwalk, which has suffered storm damage over the years.

“We'll be delivering a reconstructed boardwalk from the bottom up, incorporating key resiliency measures. We'll also be adding 30,000 square feet of retail right alongside the boardwalk,” said Andrew Kimball, NYCEDC president and CEO.

The shoreline will also receive upgraded infrastructure, new public restrooms, and lifeguard stations, creating 5,000 new construction jobs.

“It's a really needed and long-awaited announcement. The boardwalk is not only about beauty, it's about safety. So, the sooner the better,” said Yelena Makhnin, executive director of the Brighton Beach BID. Residents are equally excited about the project.

“It's definitely supposed to be done a long time ago. I can't believe someone is going to spend $1 billion for boardwalk renovation—it will be great!," said Joseph Grossman, a Coney Island resident of 10 years.

While a construction timeline hasn’t been finalized, the EDC says the next 18 months will focus on community input and design planning, laying the foundation for one of New York City’s most ambitious waterfront projects.