Atlantic City has opened up 14 parcels of land for redevelopment, including Garden Pier, the Kennedy Plaza Pavilion and blocks in the South Inlet bordered by Atlantic, Massachusetts, Grammercy and Vermont avenues slated for residential construction. The parcels, owned by both the city and the Casino Reinvestment Development Authority, will be discussed at a noon meeting Wednesday in City Council chambers. The meeting will be hosted by Elizabeth...

Vertical Rollercoaster on Track to Occupy Sands Casino Lot in Atlantic City July 25, 2015 By AC Prime Time According to the Philadelphia Business Journal, Atlantic City’s boardwalk is still targeted for it’s first and only vertical roller coaster. The design phase has started according to developer Joshua Wallack, who met with city officials on Tuesday, July 21, to discuss the project. “I’ve seen their drawings,” New Jersey Sen....

A pair of projects that could profoundly change Atlantic City’s Chelsea section edged closer to construction Monday, as the Casino Reinvestment Development Authority gave zoning-related approvals for developments at and around the former Atlantic Club. CRDA, which enforces zoning and land use for property within Atlantic City’s Tourism District, on Monday paved the way for the former casino to be converted into a family-focused entertainment...

An Atlantic County Superior Court Judge said Monday that Stockton University can move forward with plans to find another buyer for the former Showboat casino in Atlantic City. But Judge Julio Mendez on Monday also gave KK Ventures and its president Glenn Straub time to show cause as to why the university should be held to its agreement to sell the site to Straub. Stockton acting president Harvey Kesselman issued a statement called the order...

Atlantic City has opened up 14 parcels of land for redevelopment, including Garden Pier, the Kennedy Plaza Pavilion and blocks in the South Inlet bordered by Atlantic, Massachusetts, Grammercy and Vermont avenues slated for residential construction The parcels, owned by both the city and the Casino Reinvestment Development Authority, will be discussed at a noon meeting Wednesday in City Council chambers. The meeting will be hosted by Elizabeth...

The casino industry isn’t dead in AC.  Atlantic City’s gambling industry overcame the closing of four casinos last year to post a 45 percent increase in gross operating profits and a higher occupacy rate for hotel rooms.  The industry reversed its fortunes by going from a $5.8 million loss in 2013 to a gross operating profit of $72 million in 2014 the figures show.  Operating profits are considered the clearest measure of the...