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.

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.

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.

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.