Showboat Atlantic City Expansion At $129M, Owner Says Waterpark Only the Start

The Showboat Atlantic City is moving forrad with a $100 million enlargement contrive to land the resort hotel an indoor waterpark measuring 100,000 square feet. But prop proprietor Bart Blatstein has still grander plans for the boardwalk complex.

Blatstein, a existent landed estate developer based inwards Philadelphia, proclaimed this hebdomad that the waterpark is only when the get-go of the former casino’s next chapter. Blatstein says the Showboat’s futurity plans include a retractable vaulted outdoor concert house with a mental ability to sit 8,000 people.

He says concepts are also in the deeds for the largest indoor colonnade and sports exclude inward the state, an outdoor beer garden, and an extension of the boardwalk that will track to a large sundeck situated in the sand dunes. In all, the farther expansion, Blatstein says, will append another $29 one thousand thousand to the tot up cost.

None of it has to ut with gambling casino gambling. All of it has to do with creating a family-friendly terminus for Atlantic City.

We’re sledding to follow the 1st avowedly year-around fellowship resort hotel inward Atlantic Ocean City,” Blatstein told the Associated Press.

Blatstein’s Tower Investments acquired the Showboat for just now $23 zillion inwards early 2016. Despite beingness profitable at the time, Caesars Entertainment inwards 2014 shuttered the Showboat inward say to thin competition at its other casinos inward town. Caesars placed a title restriction on the holding that prevents it from lodging a casino.

Investment Expanding

The New Jersey Casino Reinvestment Development Authority (CRDA) sanctioned providing upwards to $2.5 one thousand thousand annually inwards sales task credits for the Showboat indoor waterpark belatedly lastly year. The trade runs for the firstly 20 years of the amusement attraction’s life, substance the developing could stay fresh $50 gazillion in tax money it otherwise would hold been required to make up the state.

The waterpark pattern calls for irrigate slides, pools, and lazy rivers, plus food for thought and beverage options, retail outlets, and lounges. The facility is set to live built on what’s currently outdoor beach volleyball game courts simply N of the resort hotel property.

Blatstein says the indoor arcade and sports debar testament lodge in 103,000 square up feet, much of which previously housed expansion slot machines and table games when the holiday resort was owned and operated past Caesars.

“Everybody loves an arcade,” Blatstein opined to Philadelphia magazine. “People can buoy walkway come out of a flick not enjoying the movie. People canful manner of walking out of a gambling casino and not hold a well(p) time, especially if they turn a loss money. But who doesn’t hold a unspoiled clip at an arcade?”

Atlantic City Curb Appeal

Many people and businesses invested in Atlantic Ocean City are committed to reinventing the town. group A major component of that military mission is diversifying the gaming townspeople into a more family-friendly destination.

Following the recent demolition of Trump Plaza, Atlantic Ocean City Mayor Marty Small Sr. (D) said if he had it his way, “Some mixed-use evolution with some strain of family line entertainment” will live built in its place.

Blatstein is plowing in front with that real objective.

“I am sledding to feature the number one year-around folk resort in Atlantic Ocean City,” Blatstein promises. “This is what it’s missing.”

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