For more information, go to 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 Philadelphia developer Bart Blatstein take part in groundbreaking ceremony for a $100 million year-round indoor water park on Wednesday, Jan. Blatstein purchased his first parcel in January. This was followed by interest rates going up almost 3x in a 6-month period. Bart Blatstein, CEO of Tower, called Monday for “an open, transparent process” to seek developers for the site. Originally set to welcome guests on Friday, June 30, Blatstein opted for a last-minute delay to bring the park up to his standards. The Business Journal confirmed Campus Apartments CEO and 76ers minority owner David Adelman, real estate developer Bart Blatstein and politician-turned-filmmaker Sam Katz as investors. 26, 2022, 10:54 a. Four years after the former Boardwalk casino hotel received local approval to convert 400 guestrooms into 264 residential units, owner Bart Blatstein is doubling down on his residential bet. The property is owned by Philadelphia-based developer Bart Blatstein, who acquired the non-casino hotel from Stockton University in 2016 for $23 million. The Casino Control Commission will consider the petition of Bart Blatstein for a statement of compliance, a preliminary step for securing a full-fledged casino license should he choose to take a. The developer dropped an appeal in. Philadelphia developer Bart Blatstein, who owns the Showboat, envisions the water park as a key to attracting families and non-gamblers, and to draw more tourists in months other than the busy summer season. Increased scale and capacity motivate development more than recognition of Broad Street’s historic fabric. ) In other cases, he made promised investments, then sold them, and pocketed shareholders. The waterpark has been touted as a “game changer” for Atlantic City, and follows several failed attempts by. CEO Bart Blatstein announced a joint venture between his company and Post Brothers Nov. Philadelphia developer Bart Blatstein during the announcement of the casino license going to Live! Hotel and Casino. New Showboat Atlantic City owner Bart Blatstein has taken the first steps towards obtaining a casino license from the New Jersey Division of Gaming Enforcement (DGE). cut the ribbon for Lucky Snake at Showboat in Atlantic City, Friday, May 14, 2021. The deal, approved by the university. Developer Bart Blatstein’s latest project in North Philadelphia is facing backlash from neighborhood groups and a city-appointed design review board, although there is little they can do to stop it. ATLANTIC CITY — This $100 million game changer for Atlantic City was ready for a closeup. “He warned me he was selling it,” Up said. 5 million in annual tax credits for 20 years from the CRDA that will help build an indoor waterpark. The Showboat opened as a casino hotel in 1987 and closed. The $100 million, 103,000-square-foot park will be called the Island Waterpark. and owner of Showboat Atlantic City, cut the ribbon on the 40,000-square-foot, indoor electric go. The entrepreneurs behind Arrow were Bart Blatstein, who still owned the Piazza at the time, and publicist and professional party-thrower Nicole Cashman, and the whole thing was launched with just. It is a privately held development company and famous for its aggressive and creative urban investments in staple projects. By Joshua Burd. C. and Showboat owner, said the new designs for the lobby and other common areas will be themed around Atlantic City’s greatest asset – the beach. Bart Blatstein: Profession: Businessman, Entrepreneur: Famous for: Tower Investment Inc. 34 at the time, leased the space from Blatstein in March 2003. A former staple casino of Atlantic City’s famous Boardwalk may be re-opening with gambling in the near future. 5 million tax break for 20 years. Philadelphia developer Bart Blatstein says he and casino architect Paul Steelman have agreed to buy the four-story,. That work is slated to be complete in conjunction with the opening of the $100 million dollar ISLAND Waterpark, slated for this summer, as part of the firm’s. Blatstein, who bought Showboat for pennies on the dollar—$23 million for a $1 billion infrastructure in 2016—is singing a different tune than six years ago. In response to the criticism, Blatstein has consistently pointed to his successful work in. The Showboat opened as a casino hotel in 1987 and closed. A groundbreaking ceremony was held today for ISLAND Waterpark, a 103,000-square-foot, year-round indoor waterpark being built by Philadelphia developer Bart Blatstein. “Bart is driven by his need to create. ISLAND Waterpark and Lucky Snakes Arcade are two of the grand attractions that Blatstein has created in Atlantic City, New Jersey. Blatstein paid $600,000. The Bart Blatstein proposal features a residential community concept, featuring homes, a school, walking paths, and more. ET. 2 of 8 | . Post Bros. Tower Investments CEO Bart Blatstein had plans for a Wawa at 1401 S. Bart Blatstein, the Philadelphia-based CEO of Tower Investments Inc. 21, 2022, a joint proposal to. 21 that would establish Casa Mar, a $3 billion development built on 140 acres. Bart Blatstein, CEO of Tower, called Monday for “an open, transparent process” to seek developers for the site. ATLANTIC CITY - The city is a step closer to selling Garden Pier for $1. The building is being developed by Bart Blatstein’s Tower Investments of Philadelphia. Lucky Snake is a family. “It was magical,” says Blatstein. Showboat Atlantic City owner Bart Blatstein has filed a petition with state gaming regulators seeking approval to subdivide his property into five new lots of record. The developer of the Showboat. ATLANTIC CITY, N. DEEM plan features 423 condo units encircling the track, and another 372 apartments and 34 townhomes along Albany Avenue, many for rent. and owner of Showboat Atlantic City, proposed a plan to redevelop the city-owned Bader Field with market rate rental housingBart Blatstein, founder and CEO of Philadelphia-based Tower Investments, and Jil Blatstein bought a nearly 2,500-square-foot, three-bedroom, three-and-a-half bathroom unit at the Continuum. Bart Blatstein is a true Philadelphian who was born, raised and has always worked in the city. The complex also typified life in the area, around Oxford Circle, where Blatstein grew up. In the Complaint, Blatstein is defined as “an adult individual. More Showboat renovation details. Absecon, NJ. Bart Blatstein, CEO of Tower Investments, Inc. , to announce their companies, Post. The property has gone through a lot inWe’ve welcomed and supported the Atlantic City projects of Philadelphia redeveloper Bart Blatstein. Blatstein is a real estate developer based in Philadelphia. J. C. “He was a solid guy and a hard worker,” says real estate developer Bart Blatstein. Plans call for water slides, pools and a lazy river, along with food and beverage and retail outlets, lounge areas and. It is no accident that Blatstein made today’s official announcement under the backdrop of the construction site of Blatstein’s $100 million dollar ISLAND. C. Tower Place is the first luxury apartment building on North Broad Street by Bart Blatstein's Tower Investments Inc. ATLANTIC CITY, N. The 120,000-square-foot attractionattached to the Showboat Hotel will open to the public June 30, Blatstein said. Blatstein's Tower Investments owns the Showboat in Atlantic City and is developing a neighboring $100 million indoor water park. Bart Blatstein at his latest acquisition, Pier Shops at Caesars on the Atlantic City Boardwalk. PHILADELPHIA When Bart Blatstein, a local strip-mall developer, acquired an abandoned brewery a few miles from Center City nearly a decade ago, the artists who had gravitated to the. ATLANTIC CITY — In addition to aspirations of a world-class indoor water park, Philadelphia-based developer Bart Blatstein wants to construct a beach bar in front of his Showboat hotel. On July 4, 2023, in Atlantic City, Bart Blatstein, Owner of the Showboat Island Water Park, and Mayor Marty Small, celebrated the opening of the park with a plunge down one of the slides. He said the waterpark would now. Related: Iron Hill-anchored West Chester. The proposal from Tower Investments CEO Bart Blatstein and Post Brothers’ CEO Michael Pestronk and President Matt Pestronk. The Tower Investments CEO recently installed a massive water park at his Showboat Atlantic City hotel and has turned several office. 15, 2015, at the annual MBCA Luncheon at Caesars Atlantic City. Bart Blatstein opened his $100 million Island Waterpark in Atlantic City on Tuesday after a permitting delay. J. Klein is widely regarded as one of the leading Jewish activists in the United States. They also operate the equally. Three members of the Zoning Board of Adjustment heard. “In terms of the design, the scale, the location, the one-of-a-kind offerings, and the dynamic mix of entertainment for adults and kids, no other family-fun resort in the region or even the world compares to it," Blatstein said. Developer Bart Blatstein has decided to shelve a controversial plan for a Super Wawa that would have fronted the Delaware River along South Columbus Boulevard in Philadelphia and will instead. Bart Blatstein, CEO of Tower Investments, Inc. is a leading developer in retail, entertainment, mixed use,… | Learn more about Bart Blatstein's work experience, education, connections & more by visiting their profile. , did not respond to a message left for him Tuesday. Tower, owned by Bart Blatstein, sold the 236K SF center along with the nearby 142K SF Columbus Crossing center for a combined $75M in 2003, and it bought Riverview Plaza back for $34M. “The mayor thought it would be a good idea to have the campgoers at the waterpark, so I agreed because we’re part of the Atlantic City family. Bart Blatstein, CEO of Tower, called Monday for “an open, transparent process” to seek developers for the site. The latest is a failure to secure proper licensing in time for a June 30 opening. Blatstein purchased the Showboat Casino in Atlantic City for $23M in 2016, near the nadir of the beach city's reputation. 7 million and reopened it in 2015 as The Playground shopping and. have done some incredible things with the hotel. Most recently, it was known as Playground Pier, owned by Bart Blatstein, who is the owner of Showboat Atlantic City and ISLAND Waterpark. When this iconic pier was known as Million Dollar Pier, it had the historic street address of # 1 Atlantic Ocean. After purchasing eight acres of land from developer Bart Blatstein, developers US Construction and National Realty Investment Advisors originally proposed a 214-townhouse development called Waterfront Boulevard at Dickinson and the Delaware Waterfront. Not only is he the man-in-charge at the Showboat, but Blatstein is the CEO of. Related: SEPTA to disclose list of. Bart Blatstein, President, Tower Investments Stephen Cozen, Founder & Chair, Cozen O'Connor Chellie Cameron, CEO, Philadelphia Int'l Airport Michael Forman, CEO, FS Investments. This is a tremendous opportunity that we must support. Morton A. It’s not the first time that Blatstein has shepherded a project on land he owns through the city’s permitting process before teaming up with Post to develop it. Dueling visions for central Philadelphia’s eastern waterfront emerged Tuesday as the city’s land-use panel began hearing testimony on developer Bart Blatstein’s proposal for a Wawa with gas pumps on land near the banks of the Delaware River. Listen 1:05. Developer Bart Blatstein has acquired the final parcel in an assemblage of Atlantic City properties stretching three blocks inland from his Showboat hotel. 8 million, less than 2 percent of the $200 million plus that developer Taubman Centers Inc. Thank you, and good night. Under red and back balloons, Philadelphia developer Bart Blatstein, CEO of Tower Investments, Inc. There will also be tax breaks on construction materials as well. Since that purchase, while Blatstein has assembled 20 lots surrounding the. Developer Bart Blatstein has borrowed more than $22 million against one of the buildings in his Showboat hotel complex in Atlantic City, as he awaits a hoped-for bigger cash. J. And Blatstein wants to bring families to Atlantic City with the $100 million, 120,000-square-foot Island Waterpark. Tuesday March 8 2016 The only signs identifying the Garden Pier in Atlantic City are on the windows of the buildings. Blatstein got a $22. Real Estate developer Bart Blatstein is a not your typical Philly guy with a summer home in Margate. It will be 15 stories tall and will replace the surface parking lot between the movie theater and the Edge, the 12-story student housing project to the immediate west. Absolutely. cut the ribbon for Lucky Snake at Showboat in Atlantic City, Friday, May 14, 2021. Philadelphia developer Bart Blatstein broke ground Wednesday on a $100 million indoor water park on the Atlantic City Boardwalk that is designed to give families a year-round. . Bart Blatstein is not a 21st century Barnum selling hokum, but a savvy businessperson with the chops, the capital and track record to back up this bold venture. Luckily for us, he chose Atlantic City this time. Blatstein has secured $2. Developer Bart Blatstein said the 100,000-square-foot. Bart’s residency is at 1201 Rock Creek Rd, Gladwyne, PA. Developer Bart Blatstein has borrowed more than $22 million against one of the buildings in his Showboat hotel complex in Atlantic City, as he awaits a hoped-for bigger cash infusion. ¶ 6. The opening of the long awaited Boardwalk attraction follows a delay due to state permitting issues. ) is the buyer, but it’s unclear what his plans are for the property. Caesars Atlantic City has asked for a court order requiring developer Bart Blatstein to appoint a “fiscal agent” to manage the Pier Shops’ finances, as well as preventing him “from making. Bart is the Founder and CEO of the privately held development company Tower Investments Inc. Blatstein also said “I would fail” if the venue were going to be like Xfinity Live! Shots fired, Bart. Blatstein says his new venue will keep the 400 current jobs at the mall and add an. ET. Tower, owned by Bart Blatstein, sold the 236K SF center along with the nearby 142K SF Columbus Crossing center for a combined $75M in 2003, and it bought Riverview Plaza back for $34M. Bart Blatstein's investments in Atlantic City were unfairly assessed, and it's estimated he overpaid his taxes by $2 million, said Lisa Johnson, a spokesperson for Blatstein. The plan unveiled Monday is called Casa Mar, a water-intensive development inspired by the canals of Amsterdam. Originally set to welcome guests on Friday, June 30, Blatstein opted for a last-minute delay to bring the park up to his standards. The developer's latest addition? The world's largest indoor beachfront waterpark at the Atlantic City Showboat Hotel. Philadelphia’s Zoning Board of Adjustment Tuesday postponed a final decision on the development of a Wawa with gas pumps on land near the Delaware River, citing a shortage of time and the need to hear more perspectives on the issue. The historical building built in 1959 by renowned architects Carrol, Grisdale & Van Alen has been renovated with modern features, appliances and amenities. The project will include apartments at market-rate rents, said Blatstein. The owner of the sprawling South Philadelphia lot where Bart Blatstein has proposed an apartment and retail complex sought in court Tuesday to free itself of its contract with the developer so the property can be sold to another buyer. 8 billion. —Bart Blatstein, Tower Investments CEO and Showboat Owner . Mr. Tower and Post Brothers, another major. ATLANTIC CITY — Bart Blatstein, the owner of the Showboat Atlantic City, has taken a major step in trying to secure a casino license for the p… Pier AC outdoor bar on Atlantic City Boardwalk opensLandmark Developers has begun work on its redevelopment of Durham Springs just two months after acquiring the Bucks County property for $2. “I will believe it when I slide my fat ass down a slide,” is what I said, which made Atlantic City Mayor Marty Small challenge me to a race, ensuring me it would happen. In recent South Philadelphia community meetings, Tower Investments developer Bart Blatstein has faced tense, often shouting crowds of neighbors opposed to his megaproject at the northeast corner of Broad Street and Washington Avenue. On November 2, 2023, at the Showboat in Atlantic City, owner Bart Blatstein opens up a new component to his entertainment destination with a pickleball court, the first of its kind on the boardwalk. Stockton University has spent almost $8 million on the closed Showboat casino in Atlantic City since purchasing it in December, university records show. Philadelphia developer Bart Blatstein broke ground Wednesday on a $100 million indoor water park on the Atlantic City Boardwalk that is designed to give families a. m. Philadelphia developer Bart Blatstein take part in groundbreaking ceremony for a $100 million year-round indoor water park on Wednesday, Jan. J. Iron Hill-anchored West Chester building sells to real estate investor . 30, 2023, 9:28 p. m. 21, 2022, in Atlantic City, N. ” Come for the waterpark, stay for the dissipation?Blatstein refurbished the Troc, adding three bars in the lobby and main room, red-carpeted flooring, a $150,000-sound system, and a large portable stage that was removable to make more dance space. Tower Investments Inc. Bart Blatstein at his latest acquisition, Pier Shops at Caesars on the Atlantic City Boardwalk. Blatstein is building. Bart Blatstein & Post Brothers vs DEEM. Historical Museum at Garden Pier to close todayPhiladelphia developer Bart Blatstein (l. Founder & CEO: Tower Investments Inc. The $100 million indoor water park that Philadelphia developer Bart Blatstein is pursuing at a former Atlantic City casino is turning out to be just the start of his efforts at the Showboat hotel. is teaming up with developer Bart Blatstein to lead the development of a vast lot at Broad Street and Washington Avenue into apartments. The Pier at Caesars owner/developer Bart Blatstein reacts to Mayor Don Guardian's unofficial State of the City speech, Thursday Jan. The plan unveiled Monday is called Casa Mar, a water-intensive development inspired by the canals of Amsterdam. m. J. , of suburban Detroit, and other investors plowed into. (AP) -- As it turns out, the $100 million indoor water park that Philadelphia developer Bart Blatstein is pursuing at a former Atlantic City casino was just the start of his. (For example, developer Bart Blatstein says he got back the $150,000 he invested with Verne. That’s the leading question about developer Bart Blatstein’s latest flight of fancy for Atlantic City. . (AP Photo/Wayne Parry)Philadelphia developer Bart Blatstein said 852 of the complex’s 1,300 rooms will be open to the public in July. Lucky Snake is a family. The only other references to Blatstein individually are contained in ¶¶ 7 and 8 which. m. 1 of 7 | . Bart is an associate degree holder. Developer Bart Blatstein's vision for the property features canals inspired by Venice and Amsterdam. But first, developer Bart Blatstein had to cut a ribbon made of two long hair braids tied together from. 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 inJACOB ADELMAN The Philadelphia Inquirer. The Complaint further states: “[i]n his business dealings, Blatstein routinely and customarily holds himself out as Tower Investments and/or Tower, Investments, Inc. Blatstein is building. Tower Investments CEO Bart Blatstein's 103,000-square-foot Island Waterpark will debut this summer at The Showboat Resort with more than a dozen slides, an 11,000-linear-foot lazy river, a. Bart Blatstein's Piazza Terminal is just one of a handful of developments planned for the eastern edge of Northern Liberties with unprecedented height. Saturday & Sunday: 11 am - 8 pm. Last March, the un-elected Atlantic County Improvement Authority agreed to borrow $97 million to build a private water park next to the Showboat in Atlantic City. Published Nov. , and Atlantic City Mayor Marty Small Sr. The Senator Gormley proposal calls for an open-space theme. Bart Blatstein, the waterpark’s developer, held a preview party for family and friends on Thursday. The event is expected to draw 3,000 people and is being organized in conjunction with the city, Showboat Owner Bart Blatstein and a group led by Kayli Moran and Natanya DiBona that held a similar. Tech entrepreneur Hari Ravichandran bought a 35th floor unit for $8. Blatstein is building. Blatstein got a $22. He reopened it as the Playground in 2015 with a promise. 3, 2009. , and Atlantic City Mayor Marty Small Sr. ET. with a stated goal of selecting DEEM Enterprises to. A groundbreaking ceremony was held today for ISLAND Waterpark, a 103,000-square-foot, year-round indoor waterpark being built by Philadelphia developer Bart Blatstein. com: Theme: New Orleans, Mardi Gras: Total gaming space: 127,978 sq ft (11,889. Matthew Strabuk On June 22, 2023, in Atlantic City, the long awaited. Jan. The world's largest indoor beachfront waterpark was scheduled to open in Atlantic City this weekend; however, it was delayed another week. in Ardmore, who has known Blatstein for about 30 years. PRESENT. Philadelphia-based developer and Tower CEO Bart Blatstein, who holds a long-term lease on the pier through Caesars Entertainment Corp. Bart Blatstein net worth is $5 Million Bart Blatstein Wiki: Salary, Married, Wedding, Spouse, Family. 12, 2022: Bart Blatstein breaks ground on his proposed $100 million water park — Island Waterpark — to be located outside Showboat. Bart Blatstein offers a first look inside ‘grandiose’ Island Waterpark in A. Bart Blatstein, CEO of Tower Investments Inc. The former Showboat is Blatstein’s second Atlantic City property. Atlantic City’s newest attraction — Showboat’s indoor water park — won’t open on June 30 as planned. m. but he scrapped those plans following resistance from neighborhood groups and City Council members. A person familiar with the deal said Blatstein and Steelman agreed to pay $2. The new innovative community will feature a mix of. Philadelphia developer Bart Blatstein is accused of trespassing and failing to make promised payments to purchase a failed shopping center in Atlantic City. Meanwhile, PPD is moving to its new home, the former headquarters of the Philadelphia Inquirer at 400 North Broad St. Atlantic CIty's Showboat Hotel will open the Lucky Snake arcade, the largest in New Jersey, on May 15. 5, 2018, 5:00 a. The proposal includes 10,000 new residential units, space for stores and offices and parks with. , and Atlantic City Mayor Marty Small Sr. (ED HILLE/ staff photographer) Read more. 8 million, less than 2 percent of the $200 million plus that developer Taubman Centers Inc. 26, 2022, 10:54 a. Pennsport doesn’t want gas pumps on the Delaware River waterfront. The hotel’s owner, Bart Blatstein, a Philadelphia-based developer, said the project’s goal is to bring families back to Atlantic City by giving visitors options beyond casino gaming and. Blatstein calls what he is doing in Atlantic City “his last crazy,” meaning as he gets older, he has one more crazy project that he would like to see change a city just like he did in Philadelphia. The city hopes to select a developer the following month, but it could be years before the site is. Bart Blatstein, CEO of Tower, called Monday for “an open, transparent process” to seek developers for the site. Blatstein is building. m. with a stated goal of selecting DEEM Enterprises to. m. The Showboat Atlantic City Hotel will have luxury apartments available for visitors to rent long-term this summer, Bart Blatstein, president and CEO of hotel owner Tower Investments, said Thursday. ” The development would be designed “to embrace. ”Published Jun. Christopher. Blatstein purchased the Showboat Casino in Atlantic City for $23M in 2016, near the nadir of the beach city's reputation. NBC Universal, Inc. Blatstein has cancelled a press conference he had scheduled for Tuesday in which he was expected to unveil the details of his “dramatic redevelopment plans” for the Pier Shops at Caesars. Like any good developer, Blatstein bought low. m. m. The $100 million, 103,000. Blatstein runs a privately held development company called. Blatstein, who two months ago sold 60 percent of his holdings at The Piazza and Liberties Walk, has focused his energy on bringing The. Lucky Snake is a family. Michael Pestronk, left, Bart Blatstein, center, and Matthew Pestronk, right leave the stage after a news conference Monday, Nov. But it was abruptly called off late. 21, 2022, in Atlantic City, N. Tower Investments, Inc. J. View Bart Johnson, MA, MBA, PhD, CHE, PMP’s profile on LinkedIn, the world’s largest professional community. The 100,000-square-foot attraction is set to cost $100 million, and. On Jan 12, 2022. Bart Blatstein?! “I was the guest of someone, and we were seated ringside,” says the Philadelphia mega developer, who was a virtual unknown in 1988. Philadelphia developer Bart Blatstein is spending nearly $130 million on attractions at the former Atlantic City casino including an indoor water. ET. Read more DAVID SWANSON / Staff Photographer. Bart Blatstein is not the first developer to want to bring a waterpark to the resort. m. 5 m 2) Casino type: Land-based: The Showboat Atlantic City is a resort hotel and former casino in Atlantic City, New Jersey. J. In 2019, Post acquired a. Bart Blatstein: Other information; Number of rooms: 1,331: Website; showboathotelac. But it was perfect for what Bart Blatstein is selling. Bart Blatstein’s Tower Investments has acquired Piers 38 and 40 along the Delaware River along with the land in between the two structures for $18 million. Developer Bart Blatstein took the wraps off that multi-billion-dollar project Monday. “I’m extremely bullish on. Philadelphia developers Post Brothers and Tower Investments, led by Bart Blatstein, have unveiled a $3 billion proposal to redevelop Atlantic City's Bader Field as a waterfront residential. In 2013, Bart Blatstein sold his controlling interest in the development to Jared Kushner (yes that Jared Kushner). A design-review board for the city's biggest building projects expressed disappointment Tuesday with the latest version of developer Bart Blatstein's plans for the northwest corner of Broad Street and Washington Avenue, saying it still overwhelms the South Philadelphia site. Day passes are priced at $89. Look no further than the blueprints to his Rittenhouse Square mansion to glimpse the appetite and aptitude of Philadelphia developer Bart Blatstein. “His job in Northern Liberties is the closest thing to building a city within a city that anyone has accomplished. Bart Blatstein, the man behind some of Philadelphia's biggest (and, at times, controversial) redevelopments, has plans to bring another chain (or several) to North Broad and Spring Garden streets. And Blatstein wants to bring families to Atlantic City with the $100 million, 120,000-square-foot Island Waterpark. On Jan 12, 2022. , did not respond to a message left for him Tuesday. Bart Blatstein’s Tower Investments acquired Piers 38 and 40, and the land in between the industrial structures, from the Philadelphia Regional Port Authority more than a year ago. . Showboat does not have a casino but operates as a hotel (and soon apartments also). SUBSCRIBE CitiesDeveloper Bart Blatstein’s latest project in North Philadelphia is facing backlash from neighborhood groups and a city-appointed design review board, although there is little they can do to stop. Blatstein is building. You could walk. 7 million and reopened it in 2015 as The Playground shopping and. Philadelphia developer Bart Blatstein stands at the groundbreaking ceremony for a $100 million year-round indoor water park on Wednesday, Jan. Just ahead of the busy summer season in Atlantic City, real estate developer Bart Blatstein last week announced that May 15 would be the grand opening of Lucky Snake at Showboat, a site that Mayor Marty Small Jr. Bart Blatstein, the developer of Island Waterpark in Atlantic City, celebrated his latest project — what he calls the “world’s largest” oceanfront water park — with family and friends at. Actually, Bart Blatstein, CEO of Tower Investments Inc. June 30,. BLATSTEINHARRY, July 14, 2007, husband of Doreen Blatstein and the late Blanche Blatstein, father of Marc Blatstein (Jill), Bart Blatstein (Jil), and Rick Blatstein (Lori), brother of Sidney BlatsteinATLANTIC CITY, N. Blatstein’s Tower Investments is partnering with the Pestronks’ firm, Post Brothers, to build a brand-new. Blatstein has pushed to make the seaside resort more family-friendly amid its numerous casinos and other adult entertainment venues. ATLANTIC CITY — The Island Waterpark, developer Bart Blatstein’s $100 million game changer for this resort town, did not open as scheduled Friday. Bart Blatstein will soon make changes to his Rittenhouse digs. Blatstein announced a joint venture with fellow Philadelphia-based developer Post Brothers to create a new $3-billion neighborhood within Atlantic City referred to as “Casa Mar. The hotel will still be called the Showboat. , to announce their companies, Post Brothers and Tower Investments, want to build build a $3 billion housing, retail and office community at the former Bader Field airport site. ATLANTIC CITY, NJ (January 24, 2023) – Bart Blatstein, the owner of Showboat Resort, is excited to announce that the final phase of remodeling the iconic hotel’s 800 rooms, suites, lobby and other common areas is underway. “He warned me he was selling it. Bart Blatstein, CEO of Philadelphia-based Tower Investments Inc. Blatstein had invited me on a tour of the building before the arrival of its new occupant: the Philadelphia Police Department. Bart Blatstein, whose company bought Showboat from Stockton University in January, said Thursday that the first guests are set to start checking in to the 852-room hotel at 3 p. Blatstein bought the former Pier Shops from Caesars Entertainment for $2. , said the final phase of remodeling for the hotel’s 800 rooms, suites, lobby and other common areas is underway. The. The as-yet unnamed resort is aimed at vacationing families who find little to do in Atlantic City, Blatstein told The Associated Press in an interview. He has a fortune of $86 billion, up from $75 billion last year. Based on its size and normal building costs, several contractors estimated that Blatstein's mansion had to set him back between $8 million and $16 million. We have learned that the DEEM Enterprises proposal is on the next Atlantic City Council Agenda. The $50 million dollar renovation project will be completed just in time for the grand opening of the $100 million. The Atlantic County Improvement Authority (ACIA) agreed to borrow $97 million for this $100 million project. Back on the Boardwalk, Bart Blatstein‘s Showboat redevelopment promises something for everybody. Not only is he the man-in-charge at the Showboat, but Blatstein is the CEO of. ATLANTIC CITY — Bart Blatstein, CEO of Tower Investments Inc. 12, 2022 in Atlantic City, N. Blatstein purchased the more than 1. Responding to an RFP, Blatstein suggested that the Kennedy Plaza West Pavilion near Boardwalk Hall could be turned into an outpost for local food and live entertainment. There’s the practical Bart Blatstein, who once built a lot of ugly boxes on Delaware Avenue, enlivening a moribund strip of the city economically while lending it all the charm of an Ohio suburb. However, the current emphasis is on adults-only amenities: Cabañas, Peloton machines, pedicure stations, swim-up bars, as well as unspecified “nightlife. J. Bart Blatstein's Tower Investments plans to break ground this fall on a project at Broad Street and Washington Avenue that the developer says will involve a total investment approaching half a. On Monday, Tower Investments, Blatstein's company, and Post announced plans to build a $3B neighborhood on the former Bader Field airport in Atlantic City, the Philadelphia Business Journal. Blumenfeld doesn’t apologize for making a lot of money from the projects he bought from his dad’s bankruptcy, or the ones he created with partners of his own, like 640 North Broad. An aquarium and a giant Ferris wheel already draw some families, but Atlantic City remains far more geared to adult gamblers. The deadline to submit a bid is January 11, 2024. , sums it up by saying “This is a once in a lifetime transformational opportunity for Atlantic City. On June 22, 2023, in Atlantic City, Bart Blatstein speaks at the long awaited opening of his Island Water Park at the Showboat. J. Klein is National President of the Zionist Organization of America (ZOA), the oldest pro-Israel group in the U. Business Insider: The CRDA, Casino Reinvestment Development Authority has approved a $2. We have learned and confirmed that the former Pier Shops at Caesars, more recently known as Playground Pier when it was owned by Bart Blatstein has been sold. Developer Bart Blatstein a risk taker. The 103,000-square-foot indoor water park and related amenities are the dream of Showboat owner Bart Blatstein, whose Tower Investments is partnering with a nonprofit called Community Initiatives. Tower Investments CEO Bart Blatstein is calling for a transparent and competitive process to determine the redevelopment of Atlantic City’s Bader Field. 12, 2022 in Atlantic City, N. On Monday, Tower Investments, Blatstein's company, and Post announced plans to build a $3B neighborhood on the former Bader Field airport in Atlantic City, the Philadelphia Business Journal. called “ Dave & Buster’s. But whether or not he’s up. Owner Bart Blatstein Debuts the $100 million ISLAND Waterpark which features 11 slides, a 1,000 square-foot surf simulator, first-of-its-kind nightlife entertainment exclusively for adults and. The project is billed as the largest arcade in the state, at 100,000. 7 billion recreational, residential and retail plan for Bader that features an auto race track. Bart Blatstein, the owner of the Showboat Atlantic City, is pitching a new $3 billion plan that would bring 10,000 residential units, 400,000 square feet of commercial space and vast stretches of open space to. The properties at 775 S. If you’ve been following Bart Blatstein’s proposed Wawa gas station along Columbus Boulevard in South Philly, you know that a big chunk of the neighborhood hates the idea. ” This summer, Blatstein submitted proposals to the city for two other underutilized properties. Bart is the Founder and CEO of the privately held development company Tower Investments Inc. Former mayoral candidate Sam Katz. On July 7, Atlantic City will be home to the world's largest beachfront indoor waterpark, according to Showboat Hotel owner and Tower Investments CEO Bart Blatstein. However, while the focus is primarily on luxury and affordable housing units, middle-class residents face the very real prospect of being left out in the. We have learned that the DEEM Enterprises proposal is on the next Atlantic City Council Agenda. Philadelphia Media Network, owner of the 87-year-old bone-white building with the distinctive clock tower, announced the sale to Blatstein's Tower Investments, but declined to disclose the price. Blatstein spent many happy times in AC growing up and.