Construction on The Continental Airlines Arena (now known as the Izod Center) across New Jersey State Highway 20 (now 120) from Giants Stadium and the Meadowlands Racetrack began in 1977.  Continental Airlines Arena (Izod Center) is a multi-purpose indoor arena in the Meadowlands Sports Complex in East Rutherford, New Jersey.  Continental Airlines arena (Izod Center) also hosts the men's basketball games of Seton Hall University.  Official seating capacity as of 2004 is 19,040 for hockey; 20,029 for college basketball; 19,968 for NBA games; and a maximum 20,000 for concerts.  On October 30, 1981, the Nets, who had played their previous four seasons at the Louis Brown Athletic Center at Rutgers University, made their debut at the Continental Airlines arena (Izod Center), losing to the New York Knicks, 103-99.  Other teams that have called Continental Airlines arena (Izod Center) home include the New Jersey Rockets of the Major Indoor Soccer League, the New Jersey Rockin Rollers of Roller Hockey International; the New Jersey Red Dogs / Gladiators of the Arena Football League; and the New Jersey Storm of National Lacrosse League.  Plans have been unveiled to downscale Continental Airlines arena (Izod Center) in conjunction with several developments, including a new arena for the Nets in Brooklyn, New York, a new arena for the Devils in Newark called Newark Arena, and the creation of a new alternative entertainment and shopping center, Xanadu on the Meadowlands grounds.