$100M water park at Showboat lodge OK’d, tax split pending
A improvement company in Atlantic City accredited construction Tuesday of a $100 million water park at the previous Showboat on line casino in a shift developed to make the gambling vacation resort additional appealing to people and off-year travelers.
But the crucial to earning the task get the job done — 20 several years of tax breaks the Showboat’s operator is seeking — has not but been determined. The On line casino Reinvestment Advancement Authority is predicted to think about that ask for at a conference inside of the subsequent couple weeks.
But it did give ultimate land use acceptance to the challenge, which is to be created on a vacant great deal upcoming to the Showboat, which presently operates as a non-gambling lodge.
Philadelphia developer Bart Blatstein, who owns the Showboat, envisions the drinking water park as a key to attracting people and non-gamblers, and to draw a lot more travellers in months other than the occupied summertime period.
An aquarium and a big Ferris wheel currently draw some people, but Atlantic Metropolis stays far extra geared to grownup gamblers.
“It’s abundantly distinct that Atlantic City is lacking in relatives destinations,” Blatstein advised The Associated Press following the vote. “There’s not enough for them to do right here. This will develop Atlantic City’s initially year-spherical spouse and children resort.”
Prior to that can occur, while, the agency must decide on a substantial tax incentive Blatstein is searching for for the task.