Nassau Events Center, LLC an affiliate of Barclays Center builder Forest City Ratner Companies, announced Thursday that it won the bid to renovate Nassau Veterans Memorial Coliseum.
Nassau Events was picked over the Madison Square Garden Company, and will oversee a $229 million renovation of the Long Island sports arena.
“We are ready to get to work to deliver a world-class Coliseum and a thriving sports, entertainment and retail center that Long Island deserves,” said Bruce Ratner Executive Chairperson of Forest City Ratner. “Our partnership group is focused and prepared to bring the best to Nassau and to fulfill the County’s goals of vital job growth and significant economic activity.”
The Coliseum has been home to the New York Islanders hockey team for more than four decades. However, the team is moving to the Barclay’s Center for the 2015-16 season. For some time the makeover for the Coliseum was stalled, but Ratner said it’s time to revitalize the stadium.
“It is time for Nassau County to have an iconic and celebrated venue that will have something for everyone to enjoy and which will redefine the customer experience,” Ratner said.