Four groups are competing to redevelop the Nassau Veterans Memorial Coliseum, home of the New York Islanders hockey team, which is moving to Brooklyn in 2015. One proposal calls for $250 million plan to renovate the arena and build a 150,000 sf complex that would include retail, entertainment and dining areas. Cordish Cos. and the Madison Square Garden Co. back that proposal. The plan by SCI Architects would add a 150,000 sf entertainment, restaurant and retail complex called Long Island Live to the 41-year-old arena.
Another proposal from Forest City Ratner, the developer of Brooklyn’s Barclays Center, would renovate the existing Coliseum and build a 2,000-seat indoor music venue and an outdoor amphitheater seating 2,500.