Site plans for the Nassau Coliseum redevelopment, led by developer Bruce Ratner, will be submitted to the Town of Hempstead within two months, and a building permit application will be filed by fall, said Ed Blumenfeld, the president of Blumenfeld Development Group, which is partnering with Ratner on the project.
"We hope that in the next 30 to 60 days we can have some announcements," Blumenfeld said at a luncheon in Jericho hosted by the Real Estate Institute at Stony Brook University.
Ratner, who is the chairman of Forest City Ratner Cos., and Blumenfeld both spoke at the event -- rehashing details for the $229 million redevelopment project. Ratner's plan, which calls for downsizing the coliseum and adding in dining, shopping, a movie theater, bowling alley and an outdoor amphitheater, was selected by Nassau County in August.
Blumenfeld, who is based in Syosset, partnered with Ratner on the retail and dining component after his plan wasn't selected as a finalist for the revamp last year.
Work on the coliseum is slated to begin next year, after the New York Islanders' lease ends following the 2014-2015 season and the team moves to Brooklyn's Barclays Center, which Ratner built. Ratner said the renovations could take up to 18 months to complete.