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  #561  
Old Posted Feb 16, 2008, 8:10 PM
twicedead twicedead is offline
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Originally Posted by Lecom View Post
Actually, the Chelsea looks quite shoddy. While it is good to see a tower with certain design restraint and without cheesy gimmicks, aside from the shiny renders it doesn't look any different than any bland 70's hotel with a blank-wall tower and balcony-trimmed square base.
I'd agree with you. The only thing that makes me think it'll be nice is the Curtis Bashaw. I love what he's done in the past rehabbing properties so hopefully it'll work out well. The fact it was a howard johnson's only a few months ago makes me wonder how much different it will be.

Last edited by twicedead; Feb 16, 2008 at 8:29 PM. Reason: spelling
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  #562  
Old Posted Feb 16, 2008, 8:23 PM
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yeah i agree with both of you. it could be better. well see how it turns out
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  #563  
Old Posted Feb 22, 2008, 2:02 PM
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Casino building jobs are plentiful
Atlantic City is planning $20 billion in projects.
By Suzette Parmley

Inquirer Staff Writer

ATLANTIC CITY - Jeffrey Barton moved to the Shore from Redondo Beach, Calif., a year ago to cash in on an unprecedented building boom here.
"I'm here for one thing," said Barton, 44, who makes $31.97 an hour as a tile finisher. "The work."

There are plans over the next four years for $20 billion worth of casino, hotel, restaurant and retail construction and renovation projects, many of which began in 2003. And in a slowing national economy, all that development is attracting construction workers from around the country.

Since arriving from Southern California, Barton has had plenty to do. His skill was recently needed on the Water Club, the $400 million hotel tower going up at the Borgata. Since January, he has been remodeling hotel suites on the 51st floor of the Dennis Hotel at Bally's casino.

When the Bally's project winds down next month, Barton hopes to land either at the Trump Taj Mahal's new hotel tower or the $2.5 billion Revel casino-resort - one of four megacasinos proposed here.

"It's going to be nonstop for the next four or five years for sure," Barton said while recently grouting tiles as part of the Dennis Hotel's $20 million renovation that began last November.

Only Las Vegas, which currently has $35 billion worth of casino-related construction planned or under way, according to the Las Vegas Convention and Visitors Authority, rivals what is happening at the Shore.

Atlantic City's manic pace of development is to fortify itself against new slots competition from neighboring states.

"The building is about the fact that they [casino operators] are under a lot of pressure for the convenience gambler from Pennsylvania and Delaware," said David G. Schwartz, author of Roll the Bones: The History of Gambling, and director of the Center for Gaming Research at the University of Nevada at Las Vegas. "The only real direction they can go is to have more destination gamblers, which means more hotel rooms and nongaming attractions."

And with the credit crunch and subprime mess drying up commercial and residential work in other states - including Illinois, Michigan and Florida - imported workers say Atlantic City is on everyone's radar.

"This is one of the major spots right now," said Bill Moore, 44, who moved to the Shore from Chicago last Thanksgiving to install giant marble and granite slabs on the Borgata's Water Club. When completed, the hotel tower will feature 800 rooms, a giant spa, five swimming pools, luxury lofts, upscale retail shops - and no place to gamble.

The construction has another effect. Real estate experts estimate Atlantic City will bring in 25,000 to 30,000 new casino workers over the next seven years, who will need housing.

Scott DiStefano, a sales associate with Weichert Realtor-Brigantine Realty, said he had received a half dozen such calls for rentals in the last two months.

He has seen a steady flow of out-of-state workers, such as Barton and Moore, relocating to Brigantine, which is experiencing a steady increase in property values because of its proximity to the casinos.

Mary Lou Ferry, owner of Farley & Ferry, which has three offices along the Shore, said she had an investor last month buy three condos in Ventnor to prepare as rentals for employees and contractors who will be working on the Revel casino.

"More investors are buying along the outskirts of Atlantic City, like Ventnor, to prepare for all the new workers," she said. "Rental activity has spiked through the roof."

But it's not just frontline workers who are calling real estate agents. Top managers and senior-level staff, many from Louisiana, Mississippi and Florida, are also moving to the Shore.

"Florida is kind of dead right now. Completely dead because of the real estate bust and no more condominiums being built," said Dario Borge, a superintendent on the Revel casino from Miami.

Borge, 62, began renting in Brigantine eight weeks ago. He flies home to Miami on weekends and returns to Brigantine on Sunday nights.

Borge's company, Berkel & Co. Contractors Inc., a foundation firm based in Kansas City, Mo., plans to bid on the foundation work for the new $5 billion MGM Grand Casino in the city's Marina District.

If Berkel wins that job, Borge said he would be in Atlantic City through at least 2012.

The competition for workers like Borge, according to casino operators and union leaders, is fierce, and they have had to cast their net further out. Three hotel towers at Harrah's Marina, the Borgata, and the Taj Mahal are going up concurrently. Harrah's Waterfront Tower is scheduled to debut March 6, with the other two in the summer.

"When you have three big projects happening at the same time, it means the number of tradespeople coming from outside the jurisdiction is greater," said Tom Ballance, senior vice president of development for Boyd Gaming Corp., which co-owns the Borgata.

Ed Bardes, from Penndel in Bucks County, was a pump operator on the Revel project for three months before getting laid off two weeks ago when that work was complete. He is currently on a union call list for his next job - most likely the site for the $1.5 billion Pinnacle casino, where the former Sands Hotel Casino used to sit, or the MGM parcel in the Marina - both needing to be cleared by heavy equipment.

"There's work for the next 10 years easily," said Bardes, 18, a recent high school graduate who entered an apprenticeship program with Local 825 - the operators' union in New Jersey - because of the demand.

More than seven dozen giant cranes, tractors, excavators, and other heavy machinery are at work seven days a week setting foundation for two hotel towers, a podium and garage for the Revel casino next to Showboat on the Boardwalk.

"What was once a barren, unproductive property will be turned into a fantastic facility," boasted Bob Anderson, executive vice president of development for Revel Entertainment Group L.L.C., which is behind the huge casino scheduled to open in the summer of 2010.

Construction of the gambling palace will require upward of 3,000 workers that run the gamut from electricians to tile setters, carpenters and more.

Although still more than a year away from breaking ground on the Pinnacle casino, its chief executive officer, Kim Townsend, already has made contact with the unions "to make sure they understand the scope of the project," she said. She estimated up to 2,000 workers will be needed for the Pinnacle project.

The $1 billion casino proposed for the southern end of the Boardwalk by developer Curtis Bashaw and former Caesars Entertainment Inc. chief executive Wallace Barr will also need thousands of workers.

Union leaders have set up hotlines for Atlantic City nationally through a job-referral system. Local union halls in states post the jobs and what they pay.

That is how Bob Voss, 53, a tile mechanic, learned about all the openings in Atlantic City while working in New York. Voss and his crew arrived in November 2006 to remodel the casino floor at Caesars. He said they had not stopped working since.

"They've embedded us here," he said. "We've got it real good down here."



--------------------------------------------------------------------------------
Contact staff writer Suzette Parmley at 215-854-2594 or sparmley@phillynews.com.
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  #564  
Old Posted Feb 26, 2008, 10:29 PM
AC11 AC11 is offline
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Pinnacle to bail, as expected

It seems to be true that pinnacle got in over their heads as Dan Lee made this announcement today.

""I've been asked by a lot of people, 'How the hell are you going to build Atlantic City?" Lee said. "The answer is, if credit markets don't improve, we won't build. We're not going to go broke building in Atlantic City."
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  #565  
Old Posted Feb 26, 2008, 11:01 PM
twicedead twicedead is offline
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It seems to be true that pinnacle got in over their heads as Dan Lee made this announcement today.

""I've been asked by a lot of people, 'How the hell are you going to build Atlantic City?" Lee said. "The answer is, if credit markets don't improve, we won't build. We're not going to go broke building in Atlantic City."
I think a lot of people thought they never had any plan to build. I thought a lack of a design rendering was a glaring omission despite them telling you how much sq footage will be dedicated to retail vs casino. They've still be buying buildings in the area I guess to building a bigger parcel to sell. Lee has been a baby publicly the whole time; afraid of building if they build casinos at Bader field while MGM, Borgata, Revel and Harah's has upped the ante.
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  #566  
Old Posted Mar 3, 2008, 4:58 AM
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Chelsea Prime restaurant at The Chelsea


Teplitzky's at The Chelsea
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  #567  
Old Posted Mar 5, 2008, 10:10 PM
twicedead twicedead is offline
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I know a lot of people had been pushing for more and more condos in AC but as I said it would be a hard sell since their demo are players and players stay for free....well to further prove the point, the one beachfront condo that has opened in the last couple years has spent a forture on marketing from D.C. to NYC but can't sell them. They are now giving away a BMW if you purchase a condo. I think the other 3 proposed condo projects seem like a bit of stretch a 4th, the low-rise Breakers, was close to construction but never got off the ground.


In other news. Penn National is looking to build a casino at a old oil depot.
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  #568  
Old Posted Mar 6, 2008, 1:26 PM
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http://www.philly.com/philly/hp/news...tel_tower.html

Harrah’s to open new AC hotel tower
By Suzette Parmley

INQUIRER STAFF WRITER

ATLANTIC CITY - This gambling mecca's tallest building is now attached to a major casino.
The new 960-room, 44-story Waterfront Tower debuts today at Harrah's Marina casino in the Marina District. It is the first among a wave of new casino hotel towers opening this year here.

New Jersey Gov. Jon Corzine and Harrah's Entertainment Inc. chairman and chief executive officer Gary Loveman will be at today's ribbon cutting ceremony.

The Waterfront Tower represents the final phase of a $550 million expansion at Harrah's Marina. At 525 feet, it becomes Atlantic City's tallest building, and the second tallest structure in the state. It also increases Harrah's Marina's hotel room capacity by nearly 60 percent, to 2,590 guest rooms and suites.

"The aggressive expansion of our landmark marina property has transformed Harrah's Resort Atlantic City from a traditional day-trip property into a magnetic regional destination resort with luxury amenities," said R. Scott Barber, senior vice president and general manager of Harrah's Marina.

Two other hotels - the Borgata's $400 million, 800-room Water Club tower and a $255 million, 786-room tower at the Trump Taj Mahal - will open in the summer.

The new towers represent a critical step in Atlantic City's metamorphosis into an overnight destination with fine restaurants, upscale shopping and fancy hotels, in addition to gaming.

For the last four years, Atlantic City has gradually weaned itself off a less profitable day-tripper clientele, which new slots parlors in Pennsylvania and New York are now aggressively courting.

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Contact staff writer Suzette Parmley at 215-854-2594 or sparmley@phillynews.com.
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  #569  
Old Posted Mar 13, 2008, 4:08 AM
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Originally Posted by twicedead View Post
I know a lot of people had been pushing for more and more condos in AC but as I said it would be a hard sell since their demo are players and players stay for free....well to further prove the point, the one beachfront condo that has opened in the last couple years has spent a forture on marketing from D.C. to NYC but can't sell them. They are now giving away a BMW if you purchase a condo. I think the other 3 proposed condo projects seem like a bit of stretch a 4th, the low-rise Breakers, was close to construction but never got off the ground.
I still think that the market is good in AC for condos. Just because one condo building is having a tough sell doesn't prove that the market is bad. I'd love a condo on the beach in a nice tower in AC, but thus far I just haven't liked what is being offered. With this new wave of casino development I am thinking that condos will be soon to follow.
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  #570  
Old Posted Mar 14, 2008, 9:25 PM
Tokar Tokar is offline
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One of the key things of that article is that New Jersey is getting a new tallest building...
The casino will have an indoor and outdoor pool, upscale retail and restaurants. The tallest tower - 800 feet - will be reserved strictly for V.I.P. guests and will be among the tallest buildings in New Jersey.
MSNBC article said 715ft... http://www.msnbc.msn.com/id/21886619/


On another note, the Atlantic City SkyscraperPage diagram is missing many buildings:
Hilton Casino tower 1
Hilton Casino tower 2
Showboat Casino tower 1
Showboat Casino tower 2
Caesars Casino tower 1
Caesars Casino tower 2
Trump Marina Casino
Tropicana Casino main tower 1 (part of original plot)
Tropicana Casino tower 3 (2nd expansion)
Trump Regency (Destroyed)
Sands Casino (Destroyed)
Chelsea
Enclave Condominiums (first highrise south of Hilton)
Berkeley Condominiums
Flagship Resort (north of Showboat)

There are also a few buildings proposed near the Enclave. There are three plots of land around the Enclave up for development (I know this as my grandfather is a resident of the Enclave and I get the scoop on what is going on around there). First, there is a condo planned behind the enclave on the plot where there is currently an abandoned old-age home. Then across the street there is a big plot, along with the junky houses (one which is named The Marine); they are planning a big condo there too. Finally, there is a big plot of land between Roosevelt Pl. and Albany Av. There used to be a law which said Casinos couldn't be built south of Albany Av., but I think that is expired or something because they are planning a huge Casino on that plot.
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  #571  
Old Posted Mar 15, 2008, 12:30 AM
twicedead twicedead is offline
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Originally Posted by Tokar View Post
MSNBC article said 715ft... [url])

There are also a few buildings proposed near the Enclave. There are three plots of land around the Enclave up for development (I know this as my grandfather is a resident of the Enclave and I get the scoop on what is going on around there). First, there is a condo planned behind the enclave on the plot where there is currently an abandoned old-age home. Then across the street there is a big plot, along with the junky houses (one which is named The Marine); they are planning a big condo there too. Finally, there is a big plot of land between Roosevelt Pl. and Albany Av. There used to be a law which said Casinos couldn't be built south of Albany Av., but I think that is expired or something because they are planning a huge Casino on that plot.
Not to contradict the info you have but they've planned condos for years in that area but right now it's all but dead in the water. The developers don't have the capital or credit and have never built anything before. The Condo near there that one of the Toll Brothers was going to build won't happen for probably a few years and maybe by another developer. The one large scale condo (Bella)that was built last year can't sell and at this point based on what they've spent will probably take a loss based on the insane amount of money they have had to spend on marketing. It baffles my mind just thinking about it.

As for the huge hotel it's actually just a Boutique casino from Wally Barr Curtis Bashaw and they've been tight-lipped to what their plans will be. Bashaw had to wait the alloted time because he was former head of the CRDA, but now he's good to go. I suspect he'll wait until the Chelsea Hotel opens to determine the scope of the project.

Hilton was also going to develop a new tower across the street but last I heard that was on hold.

Overall I'm optimistic because of MGM and Revel. That will shape the city for years to come just like Borgata has now, but the Condo market is softer than most of the Jersey shore where building hasn't really dipped all that much.
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  #572  
Old Posted Mar 15, 2008, 12:41 AM
twicedead twicedead is offline
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I still think that the market is good in AC for condos. Just because one condo building is having a tough sell doesn't prove that the market is bad. I'd love a condo on the beach in a nice tower in AC, but thus far I just haven't liked what is being offered. With this new wave of casino development I am thinking that condos will be soon to follow.
I think a lot more has to happen for the market to be good. I've done real estate marketing in AC and it just isn't ready. The only part of AC I'd be willing to live is in Chelsea or Back Bay area. Elsewhere doesn't have much to offer other than a beach view which can be had in other places.

The problem still is crime and horrible horrible local government. I'm not willing to buy in a town that has such terrible local goverment from schools to the high crime rates. Without the Casinos it's Camden.

I was hoping Bader Field would be zoned residental and they could go hog wild with some really cool condos, and make a impressive residental village. But that's not going to happen.
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  #573  
Old Posted Mar 15, 2008, 12:45 AM
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Tokar, The Revel mega casino will have two towers, each of them 710-feet with 1,936 hotel rooms. The MGM Grand will be 800 feet.
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  #574  
Old Posted Mar 16, 2008, 10:06 AM
Tokar Tokar is offline
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Originally Posted by twicedead View Post
I think a lot more has to happen for the market to be good. I've done real estate marketing in AC and it just isn't ready. The only part of AC I'd be willing to live is in Chelsea or Back Bay area. Elsewhere doesn't have much to offer other than a beach view which can be had in other places.

The problem still is crime and horrible horrible local government. I'm not willing to buy in a town that has such terrible local goverment from schools to the high crime rates. Without the Casinos it's Camden.

I was hoping Bader Field would be zoned residental and they could go hog wild with some really cool condos, and make a impressive residental village. But that's not going to happen.
Seriously (about the local government). My grandfather's condo (The Enclave) has been fighting the condo they want to build on the abandoned old-age home behind the building. Apparently, the developer paid off a few people in the local government to advance things. Fortunately, there are a few lawyers on The Enclave board who found this out and now the people developing this new condo are on the defensive.
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  #575  
Old Posted Mar 16, 2008, 5:22 PM
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Pathetic post pictures not news stories
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  #576  
Old Posted Mar 16, 2008, 10:13 PM
Tokar Tokar is offline
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Pathetic post pictures not news stories
Hah...

Well... if someone feels compelled, the Atlantic City diagram page really could use the 397ft (121.1m) Jersey-Atlantic Wind Farm turbines.

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  #577  
Old Posted Mar 17, 2008, 4:48 PM
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Enclave

Maybe if the residents of the Enclave didn't bitch about the building going up, it would have already, before the market tanked. Development is good for the city!!
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  #578  
Old Posted Mar 27, 2008, 2:39 AM
Tokar Tokar is offline
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Maybe if the residents of the Enclave didn't bitch about the building going up, it would have already, before the market tanked. Development is good for the city!!
even if there wasnt opposition, the building would have been on hold until after the summer (just because you dont start construction during peak season), meaning at least October. The market for housing started to show its weakness in late november through Dec 25 and tanked not long after. You really think progress would have been made in 2 months, let alone avoiding a stalling of the project altogether?
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  #579  
Old Posted Mar 27, 2008, 11:33 PM
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