Curran Puts Forward Proposal To Expand Nassau Hub

Last week, Nassau County Executive Laura Curran filed proposed amendments with the Nassau County Legislature to the existing lease agreement with the support of BSE Global, who manages and operates the Nassau Veterans Memorial Coliseum. The amendments set forth an inclusive and collaborative process for moving forward with proposed plans for BSE and their partner, RXR Realty, to develop a transformative plan for the Nassau Hub.

“The Legislature’s approval of these amendments is critical to moving forward with this top-notch development team and to getting shovels in the ground at the Hub as soon as possible,” said Curran. “Development at the Hub is essential to creating jobs and growing the County’s tax base.”

The $1.5 billion plan calls for housing, retail, and office and biotech research space. If approved by the Nassau County Legislature, development will move forward with $85 million in state funding for on-site structured parking -- a critical component to any development of the Hub.

Curran is also seeking additional state funds for pedestrian bridges, which would connect the Hub with Hofstra University, Nassau Community College and nearby offices, as well as state incentives to attract a bio-medical of life sciences employer. Mt. Sinai Health Network has expressed interest in establishing a 100,000-square-foot medical research facility at the site.

Highlights of the initial BSE/RXR plan include:

• 500 housing units
• 600,000 square feet of office and biotech research space
• 200,000 square feet of “experiential retail”
• Parking to meet demand, including approximately 3,400 spaces in parking structures to be funded by the state’s $85 million
• Bus rapid transit to nearby LIRR stations
• Pathways and pedestrian bridges connecting to neighboring educational, cultural, recreational, and commercial centers.

“This is it. We are going to bring transformative development to the Nassau Hub,” said Curran. “Never before have the stars been aligned. There is funding, political support and zoning approval in place. All the stakeholders are engaged and focused. The county is committed to working with our partners in government and the community. This project epitomizes my vision for a real live-work-play district at the Hub and will transform the landscape of Nassau County.”

Photo courtesy Gov. Andrew Cuomo's Office