Revel files plans for new AC casino

Revel files plans for new AC casino

	Published : Thu, 13 Sep 2007 19:37 By : Agencies Print this Story

ATLANTIC CITY, N.J. (AP) - A new casino to be built by Revel Entertainment Group will feature two hotel towers with a total of 3,800 rooms, and become the tallest building in the city.

The company, which had already announced its intention to build in Atlantic City, filed plans last week with the state and city.

The project, which should be ready by 2011, is to be built on 20 acres just north of the Showboat Casino-Hotel.

'We look forward to continuing our work with local and state authorities and gaming regulators to develop a distinctive beachfront casino entertainment resort that will help define the future of Atlantic City while creating jobs, tax revenues and other sustainable economic benefits for the region,' said Kevin DeSanctis, the company's chairman and CEO.

Revel applied last week for a Coastal Area Facility Review Act permit from the state Department of Environmental Protection, and filed a site plan application with Atlantic City's planning board.

The new casino site will be bordered by Oriental, New Jersey and Metropolitan avenues, and will include more than 1,000 feet of Boardwalk frontage.

Revel has not yet named the new casino, which will offer 150,000 square feet of casino space, and 500,000 square feet of dining, retail and entertainment space.

It will have more hotel rooms than any other casino in Atlantic City.

Revel is partnered with investment firm Morgan Stanley to build the new casino, which is expected to cost about $2 billion.

And in a further nod to Atlantic City's race to re-create the Las Vegas experience in New Jersey, the new casino is expected to include Atlantic City's first casino wedding chapel.

Revel's project is one of two new casinos planned to open on the Atlantic City beachfront in 2011. Pinnacle Entertainment is demolishing the former Sands Casino Hotel and plans to open its own $1.5 billion casino around the same time as Revel's opens.