UNIONDALE, N.Y. (AP) — Officials on New York’s Long Island will ask voters this summer to approve a $400 million plan to build a new hockey arena next to the current home of the New York Islanders.
Nassau County Executive Edward Mangano announced plans Wednesday to replace the aging Nassau Veterans Memorial Coliseum with a new arena next door. The plan requires $350 million in bonding over 30 years. Voters also will be asked to approve $50 million in bonds for a minor league baseball park nearby.
The proposal is the latest in a series of efforts to renovate the coliseum and 77 acres of real estate surrounding it.
Islanders owner Charles Wang proposed an ambitious $3.8 billion development in 2003, but it never got off the ground.
The vote is Aug. 1.
