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DDG and Spector tapped for mega Nassau Coliseum redevelopment.

Lighthouse Development Group, LLC, a joint venture between Long Island's largest owner, manager and developer of commercial real estate, RexCorp Realty, LLC and Charles Wang, owner of the New York Islanders and New York Dragons, has announced that they have selected the architecture and planning

firms Development Design Group Inc. ("DDG") and The Spector Group to assist in refining the master plan of its multi-billion dollar redevelopment of the Nassau Veterans Memorial Coliseum site.

This will enable the Lighthouse Development Group to continue development of its comprehensive plan which it intends to present to the community, government and business leaders in the fall.

"I am very excited about our vision and plan to transform this 77-acre site from an aging and obsolete comforplex into a vibrant, state of the art suburban center, blending housing, office space, and retail stores, with sports, entertainment and tourism. This is a necessary investment in Long Island's future and the future of our children and generations to come," said Charles Wang.

"By gaining additional input from the community and adding the creativity and experience of DDG and The Spector Group, we will soon be presenting what will be the pillar of smart growth and a model for suburban redevelopment."

"The selection of DDG and the Spector Group gives the Lighthouse Project access to world-class talent and execution with a regional perspective," stated Scott Rechler, RexCorp's chief executive officer. "Successful suburban centers have been created in many similar regions around the country and as we plan for one on Long Island, we felt it was absolutely necessary to select firms with proven track records for creating distinctive, community enriching mixed use developments. DDG and The Spector Group each fit that bill."

DDG is an internationally renowned planning, architecture and design firm that has delivered dynamic and extraordinary solutions and provided superior expertise in many successful mixed use projects across the country, notably the Westgate City Center in Glendale, Arizona, Atlantic Station in Atlanta, Georgia, and Town Square in Las Vegas, Nevada. The firm's proven track record and sensitivity to the surrounding community is reinforced time and again with numerous awards for their work, including more than 75 national and international design awards over the past decade including prestigious awards from the International Real Estate Federation, the Urban Land Institute and the Pacific Coast Builders Conference.

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