The New York Mets own Citi Field through a subsidiary called Queens Ballpark Company.
One of the newer stadiums in Major League Baseball, Citi Field still has an interesting history …
History of Citi Field
The Mets and the city of New York negotiated throughout most of the 1990s on plans to eventually replace Shea Stadium, home of the Amazin’s since 1964 (the expansion Mets played in the old Polo Grounds, former home of the New York Giants, in 1962 and 1963).
Plans for a westside field finally took shape as part of the city’s bid to land the 2012 Summer Olympics. When NYC lost that bid, the West Side Stadium was scrapped, but the wheels were set in motion for the Mets and the city to proceed with a replacement for Shea.
In 2006, the Mets and the city revealed their plans for a new stadium, scheduled to cost $610 million, with the club footing $420 million of the bill.
Citi Field was completed in time for Opening Day in 2009.