Nassau Coliseum Redevelopment Project
Nassau News Staff Writer
Nassau Veteran’s Memorial Coliseum and the 77-acre piece of land it sits on is about to revamp Hempstead and Uniondale’s future image, as well as Long Island in general.
New York Islander owner Charles B. Wang has proposed turning Nassau Coliseum and the 77-acre lot it sits on into a “modern 24/7 suburban center,” according to Real Estate Weekly
Long Island developer Reckson Associates, a part owner of the land, is a partner with Wang.
According to Newsday, Thomas R. Suozzi, the Nassau County executive, estimates the project will cost about “$1.6 billion dollars.”
The developer’s main focus is on the Coliseum itself.
The plans are to construct essentially a whole new Nassau Coliseum on a $300 million budget that will add luxury box suites as close to the action as any in hockey and, according to Sterling Equities’ proposal, create a “163-percent increase in box seats in general.” In the end there will be “1,000 luxury seats” available, compared to the current 380.
Besides changing the luxury view for Islander fans, the arena shape will change as well. The ice is going to be lowered five feet, which will make room for the new luxury box suites.
