Casino Reinvestment Development Authority OKs A.C. polercoaster
Atlantic City's first and only polercoaster has been approved by the Casino Reinvestment Development Authority.
Joshua Wallack of Wallack Holdings in August signed the lease for a one-acre pad of land on the 18-acre site of the former Sands Atlantic City casino-hotel. Wallack has plans of building a 350-foot polercoaster and drop tower hybrid attraction in Atlantic City ??? a first for the troubled Shore town.
The CRDA approved plans for the 52,000-square-foot attraction Thursday, bringing the attraction one step closer to fruition.
"This is a one-of-a-kind attraction that will bring another exciting non-gaming amenity to Atlantic City for our visitors and residents to enjoy,??? CRDA Executive Director John Palmieri said in a statement.
Additions planned for the attraction include a mojito bar based on Wallack's Mango's Tropical Caf?? in Florida, and live musical elements and a number of nightlife attractions not seen in the video rendering.
Wallack said earlier the plan is to break ground early next year, but maintained the polercoaster project is contingent on New Jersey economic incentives like tax rebates.
Wallack is using the EB-5 financing program as a means to partially fund the polercoaster attraction.
The Florida developer's Hollywood Plaza parking garage on International Drive in Orlando also got the approval from Orange County's Development Review Committee on Wednesday.
Wallack on Thursday opened a $40 million Mango's Tropical Caf?? in Orlando.
Atlantic City's first and only polercoaster has been approved by the Casino Reinvestment Development Authority.
Joshua Wallack of Wallack Holdings in August signed the lease for a one-acre pad of land on the 18-acre site of the former Sands Atlantic City casino-hotel. Wallack has plans of building a 350-foot polercoaster and drop tower hybrid attraction in Atlantic City ??? a first for the troubled Shore town.
The CRDA approved plans for the 52,000-square-foot attraction Thursday, bringing the attraction one step closer to fruition.
"This is a one-of-a-kind attraction that will bring another exciting non-gaming amenity to Atlantic City for our visitors and residents to enjoy,??? CRDA Executive Director John Palmieri said in a statement.
Additions planned for the attraction include a mojito bar based on Wallack's Mango's Tropical Caf?? in Florida, and live musical elements and a number of nightlife attractions not seen in the video rendering.
Wallack said earlier the plan is to break ground early next year, but maintained the polercoaster project is contingent on New Jersey economic incentives like tax rebates.
Wallack is using the EB-5 financing program as a means to partially fund the polercoaster attraction.
The Florida developer's Hollywood Plaza parking garage on International Drive in Orlando also got the approval from Orange County's Development Review Committee on Wednesday.
Wallack on Thursday opened a $40 million Mango's Tropical Caf?? in Orlando.
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