After several discussions on the potential future of the Nassau Veterans Memorial Coliseum with the Forest City Ratner team that designed the business model for the Barclays Center in Brooklyn, Nassau County Executive Edward Mangano today announced that he is seeking requests for proposals from throughout the real estate community that would reinvent the aging facility as a new and strong economic anchor for the Hub.
Building on his success of attracting a new privately-financed Expo Center to the Hub, Nassau County Executive Edward P. Mangano today broke ground on a new state-of-art sports and recreation center in Eisenhower Park that will also serve as home to at least two youth hockey organizations, including the Long Island Gulls Amateur Hockey Association and the New York Junior Bobcats. Ferraro Brothers Ice Center at Twin Rinks, to be built without taxpayer dollars, is expected to create nearly 20 new jobs and generate an estimated $35 million in economic benefit for the local economy over the first five years of operation.
In a joint announcement with Bruce Ratner, Chairman and CEO of Forest City Ratner Companies (FCRC), and NY Islanders owner Charles B. Wang, Nassau County Executive Edward P. Mangano today announced that FCRC has agreed to create and present a strategic Reuse Plan for the Nassau Veterans Memorial Coliseum within the first half of 2013 to help transform the venue into becoming an attractive, state-of-the-art destination for sports and entertainment. Ratner and Wang will consider sports alternatives as an integral part of the ultimate redesign of the Coliseum.
Building on County Executive Edward P. Mangano’s recent success in attracting a 100% privately-financed Expo Center to Mitchel Field, the County today launched a sustainable economic development and job creation plan for Nassau’s Hub. The redevelopment has been at a logjam between what the present tenant is willing to pay and the actual costs to construct a new