July 22, 2014 |
ATLANTIC CITY - This resort faces the prospect of having four major vacancies on its famed Boardwalk come mid-September. The grim reality sank in July 14 when Trump Plaza issued layoff notices and targeted Sept. 16 as the date to cease operating as a casino. Perception is reality in tourism, experts say, and the Boardwalk is synonymous with Atlantic City. How will four hulking, empty buildings sit with visitors - especially at night - and will they impede tourism when Atlantic City needs it the most?
November 10, 1993 |
The Casino Reinvestment Development Authority gave unanimous approval yesterday for its representatives to begin negotiations with the developers of a $520 million project expected to return Atlantic City's "Queen of Resorts" to her former grandeur. The Maryland-based Rouse Co., known nationally for projects such as the Gallery Market East in Philadelphia and the Inner Harbor in Baltimore, will work with the Doubletree Hotels Corp. and Caesars Boardwalk Regency Corp. on the city's ambitious "Gateway Project.
April 20, 2011 |
ATLANTIC CITY - Regional gambling competition has sapped the vitality of this resort, but the effort to restore it got green-lighted Tuesday when the Casino Reinvestment Development Authority approved boundaries for a new state-run tourism district. The CRDA's 17-member board voted, 14-1, with one abstention and one vacant seat, to approve the zone's boundaries. The lone "no" vote was cast by Atlantic City Mayor Lorenzo T. Langford, who took issue with his powers and those of the City Council being usurped by the CRDA board under the state plan.
September 14, 2014 |
ATLANTIC CITY - With a group of meeting planners in tow and a clear blue sky as a backdrop, Caesars Entertainment Inc. executives showed off progress Friday on the company's $125.8 million Harrah's Resort Waterfront Conference Center, which is designed to draw business travelers to a city that is losing four, maybe five, casinos this year. The steel frame of the project, supported by $45 million from the Casino Reinvestment Development Authority and $24.1 million in tax breaks that can be earned over 20 years, is just weeks away from completion.
April 15, 1998 |
Willie Mays made a big hit yesterday at groundbreaking for the new Boys and Girls Club of Atlantic City at Mediterranean and Pennsylvania Avenues. The new 15,000-square-foot building, to be paid for by the Casino Reinvestment Development Authority and Bally's Park Place, will serve more than 400 children in the Atlantic City area. At left, the authority's Ali Reynolds positions a child for a picture.
September 8, 2014 |
ATLANTIC CITY - With Trump Taj Mahal now reportedly on the ropes after the closing of two major gambling halls last week, Gov. Christie will hold his much-anticipated summit here Monday. As the battered resort's future hangs in the balance and faces massive unemployment from four casino closures this year - and what will soon be four dark buildings along the Boardwalk - the summit seeks to address this critical question: Where does Atlantic City go from here? "There's no doubt things are tough," Atlantic City Mayor Don Guardian said late last week, "but I believe the decisions we are making today and will be making over the next few years will yield positive results in Atlantic City for years to come.
June 23, 1992 |
The Philadelphia Redevelopment Authority is getting a New Jersey whiz-kid today to take over for Executive Director Andrew Jenkins, who is leaving to join the Rendell administration. Noel Eisenstat, 31, headed Atlantic City's Casino Reinvestment Development Authority from January 1988, until he lost his job last year in a political purge that followed a change in both the mayor's and governor's chairs. "We first heard about him when our transition team was looking at candidates for housing director," said David L. Cohen, Rendell's chief of staff.
February 2, 2012
After a decades-long absence, the internationally known diving horse act will return to the Steel Pier this summer as part of an overhaul approved for Atlantic City that received unanimous backing from the Casino Reinvestment Development Authority at its board meeting Wednesday. The Steel Pier renovation is being funded by a loan from the CRDA, and its approval came minutes after the master plan - the guidelines - for the newly created Atlantic City Tourism District was passed, 14-0, by the CRDA board.
April 29, 1989 |
The Regency, Atlantic City's first major housing project to be built under the guidelines of the 1984 Casino Reinvestment and Development Act, opened officially yesterday. The 27-story luxury apartment complex is in the city's southeast inlet at Pacific and Connecticut Avenues, two blocks east of the Showboat Hotel & Casino. The Regency, funded by Caesars Atlantic City Hotel-Casino, consists of 192 two-bedroom apartments and eight two-bedroom townhouses with rents ranging from $650 to $2,000 a month.
November 15, 2002 |
The Camden County Civic and Conference Center, a proposed project that has dominated local politics for more than two years, may be nearing reality. County improvement authority officials this month could win a $24.2 million grant from the state Casino Reinvestment Development Authority to begin construction of the arena at Routes 73 and 130 in Pennsauken, now site of the landmark Pennsauken Mart. The $65 million project, which would include a 6,400-seat arena and an adjoining 40,000-square-foot conference center, has been touted as a venue for school tournaments, corporate conferences, and trade shows.