Hospitality & Tourism
Atlantic City 3.0: Riding high from new investment, the iconic resort town is charting a new future

For a place that has been promised a comeback in recent years — only to see it never materialize — experts say Atlantic City is in uncharted yet promising territory that could help usher in a long-awaited recovery. Land prices are at their lowest in decades, local and regional developers with proven track records are investing in the city and the first credible nongaming project in years is under construction, with the potential to bring thousands of students and professionals to the Boardwalk as soon as next year.

The Rundown
Straub looks to reopen former Revel casino by June 15, report says

The former Revel casino hotel in Atlantic City — Courtesy: Governor’s Office/Tim Larsen By Real Estate NJ Glenn Straub, the owner of the former Revel casino in Atlantic City, said he now plans to reopen the shuttered property in less…

Hospitality & Tourism
Atlantic City’s $138 million ‘PolerCoaster’ set for 2019 debut after EDA approval

A towering “PolerCoaster” rising 350 feet is on track to become one of Atlantic City’s newest attractions, following state approval Thursday of a $38.4 million tax incentive for the project.

Hospitality & Tourism
Hard Rock unveils renovation plans for Taj Mahal with Morris, Jingoli families

The famed exterior of the Trump Taj Mahal will soon be gone from the Atlantic City Boardwalk and replaced by another iconic brand, the Hard Rock Hotel & Casino.

But Jim Allen says that transforming the property is about far more than changing what’s on the outside.

Hospitality & Tourism
Details of Hard Rock’s plans for the former Taj Mahal

Sitting on 17 acres of prime Boardwalk real estate, the former Taj Mahal is in line for a $375 million overhaul under the ownership of Hard Rock International and the Morris and Jingoli families.

Government & Public Policy
Report: Brewing company moving to Atlantic City

A brewing company will relocate to Atlantic City from southeastern Pennsylvania with the help of nearly $1.1 million in tax credits from the state Economic Development Authority.

Government & Public Policy
New EDA programs seek to promote street-level leasing, upgrades

The state Economic Development Authority last month unveiled two new funding tools aimed at helping street-level retail and downtown businesses in Passaic, Trenton, Paterson, Camden and Atlantic City.

Hospitality & Tourism
Buyer plans water park at former Atlantic Club casino

Another shuttered Atlantic City casino could find new life under a plan unveiled Monday by a local developer.

Events
Are incentives here to stay in N.J.? Gubernatorial hopefuls weigh in at NAIOP forum

Two of the candidates in this year’s gubernatorial election would look to scale back or reconfigure the state’s development and business incentives, while three others appear ready to continue the existing programs as a way to extend the growth of New Jersey’s economy.

Hospitality & Tourism
Hard Rock, N.J. real estate families to buy and reopen Trump Taj Mahal for $300M

Investor Carl Icahn has agreed to sell the shuttered Trump Taj Mahal casino to Hard Rock International and two New Jersey real estate families, the buyers said, under a $300 million plan to acquire, renovate and reopen the Atlantic City gaming hall.