The Hippodrome was built by Frederick Thompson and Elmer Dundy, creators of the Luna Park amusement park at Coney Island, with the backing of Harry S. Black's U.S. Realty, a dominant real estate and construction company of the time, and was acquired by The Shubert Organization in 1909.
Hippodromen blev bygget af Frederick Thompson og Elmer Dundy, skaberne af Luna Park-forlystelsesparken på Coney Island, med støtte fra Harry S. Blacks U.S. Realty, et af tidens dominerende ejendoms- og byggeselskaber, og blev overtaget af The Shubert Organization i 1909.