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Multibillion-dollar project envisioned for N.Y. coliseum site

Multibillion-dollar project envisioned for N.Y. coliseum site

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The New York Islanders will leave the Nassau Veterans Memorial Coliseum in Nassau County, N.Y., in 2015, and some are making plans for the “decaying” arena and its nearly 77 acres of concrete. Developers envision turning it into a biotech complex with health care, biosciences and sports medicine offices for startups and established companies. Developers estimate it would take between $2 billion and $3 billion to develop the project. Read The Wall Street Journal story here.


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