Atlantic City, NJ Real Estate — Homes For Sale in Atlantic City, NJ

ATLANTIC CITY - Philadelphia developer Bart Blatstein broke ground Wednesday on a $100 million indoor water park on the Boardwalk that is designed to give families a year-round option in the seaside resort that doesn't involve gambling. The $100 million, 103,000-square-foot park will be called the Island Waterpark. It will feature water slides, pools, a lazy river, food and beverage outlets, retail space, lounge areas and a party room. It also will include an adult section with alcoholic beverages and amenities, including foot massages and manicures, Blatstein said. "This water park is going to crush it," he said in a ceremony under a tent on a frigid January day as swimsuit models frolicked in a pool set up for the occasion and others rode an indoor surfing machine. Blatstein and Mayor Marty Small Sr. both said the project is needed to give families thinking of visiting Atlantic City something to do other than gambling. "We need to diversify our entertainment offerings," Small said. 1:39+2Live updates: Blatstein says funding for the Showboat waterpark will not be an issue Live updates: Blatstein says funding for the Showboat waterpark will not be an issue Small cited a long history of water parks being proposed for Atlantic City - and then never being built, including a 2017 proposal for one at the former Atlantic Club Casino Hotel."We've all heard stories of water parks coming here to Atlantic City and for whatever reason, it didn't happen," he said. "This is happening." Blatstein doubled down on the guarantee. "How do I know it's going to happen?" he asked. "Because I say so. It's my money going into this place. I promise you, it's going to happen." He said he would like to have the park open by Memorial Day weekend 2023. It is to be built on a vacant lot next to the former Showboat casino, which Blatstein owns and operates as a nongambling hotel. 1:39Groundbreaking for Showboat waterpark scheduled for Jan. 12 Groundbreaking for Showboat waterpark scheduled for Jan. 12 ATLANTIC CITY - A groundbreaking for a proposed waterpark at the Showboat Atlantic City hote... A 20-year state tax incentive will help finance the project. The Casino Reinvestment Development Authority in 2020 approved designation of the project as an entertainment retail district, which entitles it to an annual rebate of as much as $2.5 million in sales tax generated by it for 20 years. There also will be tax breaks on construction materials used for the project. Blatstein refused to say Wednesday whether he is still interested in opening a casino either at the Showboat or as new construction on land he owns nearby. He said as recently as 2019 he wants to open a casino at or near the Showboat site, but has been silent about that proposal in recent years as the water park plan advanced. The water park will include parallel slides to allow for racing. A retractable glass-paned roof will cover the entire project, enabling it to be open all year "How do I know it's going to happen? Because I say so. It's my money going into this place. I promise you, it's going to happen." Bart Blatstein Island Waterpark developer less

Come one Come all for Family Friendly Entertainment at Showboat! Groundbreaking has begun on this 103,000 square foot, Year Round ,Indoor Waterpark featuring a Retractable Glass Pane Roof - Water slides, Pools and Lazy River There will be Food and Retail Outlets as well for the Foodies and the Shoppers The complex will also include a 10,000 square foot Entertainment Complex with an Arcade and Sports Bar -Right on the Beach and Boards in AC The Largest Beachfront Indoor Waterpark in the World Slated for Summer 2023 Opening See you there! less

I Had Listed and Sold a Very Nice Restaurant/Bar on the World Famous Atlantic City Boardwalk for the price of $1,100,000 less