Other aspects of the plans are on a similarly ambitious schedule: he says the indoor arcade, to be named “Lucky Snake,” will open on May 15. There also will be tax breaks on construction materials used for the project.īlatstein said he hopes to break ground on the water park by the end of May. The CRDA approved designation of the water park project as an entertainment retail district, which entitles it to an annual rebate of up to $2.5 million in sales tax generated by it for 20 years. They are separate from the $100 million water park at the site which the agency approved for a tax incentive plan last December.
Tuesday afternoon, a state agency, the Casino Reinvestment Development Authority, approved indoor and outdoor entertainment plans for the Showboat. His purchase and renovation of the former Pier Shops at Caesars in Atlantic City into an entertainment-shopping facility called The Playground fizzled he eventually sold it back to Caesars Entertainment, he said, in order to fully concentrate on the Showboat. New Jersey plans to ban the sale of new gasoline-powered vehicles by 2035Īlthough he has successfully developed numerous projects in Philadelphia, not everything Blatstein touches has turned to gold.
