4 million-square-foot property in January for $23 million and has yet to say his exact plans for the former casino hotel, which was closed for two years and. “He was a solid guy and a hard worker,” says real estate developer Bart Blatstein. 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. Cedar. This is the world's largest indoor beachfront waterpark and. Published Nov. The proposed ambitious project will be a joint venture with Blatstein, the Chief Executive Officer of Tower Investments and Post Brothers, who are also well. Bart Blatstein, CEO of Tower Investments Inc. (AP) — The shuttered Showboat casino hotel will reopen next month — this time as a non-gambling hotel, a developer said Friday. The move gives the Foxwoods group another shot at a victory that has eluded it since 2011. Blatstein says he's meeting with neighborhood groups before moving forward but one neighbor who's enthusiastic about Blatstein's ownership of the 5. His first sale of a Queen Village trinity he bought, fixed, and sold in 1978, netted $30,000. VIP guests mingled with mermaids as Atlantic City’s $100 million water park made a handsome first impression. Pennsport doesn’t want gas pumps on the Delaware River waterfront. Morton Klein is a child of Holocaust survivors, born in a displaced persons camp in Gunzberg, Germany. , the same Philadelphia real estate firm that largely took over Blatstein’s planned expansion of the Piazza apartments in Northern Liberties,. That time Bart was 61 and Jil was 59 years old. November 8, 2013. 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. Bart Blatstein couldn't quite manage to clear the last hurdle for his proposed project at South Broad and Washington Avenue. Tower Investment CEO Bart Blatstein told the Philadelphia Business Journal that Giant will occupy some of the 35,000 square feet of retail space for the project. The company’s residence in cyberspace boats about its 57-year-old fearless leader: “In every sense of the word, Mr. J. on May 12 at Jim Whelan Boardwalk Hall. ATLANTIC CITY, N. , and Atlantic City Mayor Marty Small Sr. Categories: Articles, Business News, Harry Hurley, Local News, News. Philadelphia developer Bart Blatstein, center, speaks with guests during a preview of the Island Waterpark in Atlantic City, N. The building is being developed by Bart Blatstein’s Tower Investments of Philadelphia. J. 2 weeks ago. Mostly, Verne attracted Philadelphians. Bart Blatstein, CEO of Tower Investments, Inc. It’ll also be featured in the forthcoming book Palazzos of Power by Penn professor Aaron Wunsch. As families flock to. (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. J. Bart Blatstein, owner of the Island Waterpark at Showboat, celebrates its opening with a plunge down one of the slides. Bart Blatstein, Tower Investments CEO and Showboat Atlantic City owner has issued a public statement regarding the new opening date for The ISLAND Waterpark. SEPTA to disclose list of properties it needs to acquire for KoP Rail . “This is a game-changer,” Mayor Marty. 4 million-square-foot property in January for $23 million and has yet to say his exact plans for the former casino hotel, which was closed for two years and. Martin Sizmur, who is in charge of construction for Philadelphia developer Bart Blatstein, shows an illustration of an 8,000-seat domed concert hall to be built next to the Showboat casino. J. ET. Then he got out of the. As it turns out, the $100 million indoor water park that Philadelphia developer Bart Blatstein is pursuing at a. Read more Wayne Parry / AP. Blatstein paid $23 million for a property that he described as "two million square feet of fixer upper. Bart Blatstein’s Tower Investments has sold a controlling interest in its Piazza at Schmidt’s and Liberties Walk at Schmidt’s to Kushner Cos. Blatstein is seeking approval from the Casino Reinvestment Development. 21 that would establish Casa Mar, a $3 billion development built on 140 acres. Philadelphia developer Bart Blatstein said. Bart Blatstein, CEO of Tower Investments, Inc. , set to open on June 30. m. Developer Bart Blatstein leased to dozens of independent, art-related businesses and, according to owners, made event and management choices that didn’t fit the vibe. ATLANTIC CITY, N. A former staple casino of Atlantic City’s famous Boardwalk may be re-opening with gambling in the near future. 1914 1016 rittenhouse sq original. Bank OZK and Starwood Property Trust provided the debt, with the lenders providing $250 million and $110 million in senior and mezzanine financing respectively, and the remaining $40 million being invested by sponsorship. It's only been about a year since Showboat Hotel owner Bart Blatstein broke ground on a $100 million indoor water park in Atlantic City, but as seen on Wednesday, the structure seems to have made. Broad Project Stalls with ZBA. Bart is an associate degree holder. Bart Blatstein told The Associated Press on Tuesday he has sold the Playground pier complex to a subsidiary of Caesars Entertainment. 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. Last week, Bart Blatstein officially became the new owner of the northeast corner of South Broad Street and Washington Avenue, nearly giving him the go ahead to proceed with a big mixed-use development at 1001 S. Absolutely. 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. Most importantly, the developer/businessman has followed though on the water park project, something that a. The Showboat Atlantic City Hotel, located right along the boardwalk in a New Jersey beach town, has announced the "world's premier indoor entertainment experience. Bart Blatstein will soon make changes to his Rittenhouse digs. Bart was born sixty-eight years ago. Philadelphia developer Bart Blatstein's heralded entry into Atlantic City has hit an inconvenient snag: Caesars Atlantic City now claims he is a "rogue occupier" of the Pier Shops, which he wants to redevelop. ATLANTIC CITY, N. Carmen, left, from Puerto Rico, hugs a staff member. J. 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. 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 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. m. Tower Investments Inc. But property owner Bart Blatstein has even. H. Matthew Strabuk, Staff photographer “The waterpark is fantastic. m. Philadelphia developer Bart Blatstein stands at the groundbreaking ceremony for a $100 million year-round indoor water park on Wednesday, Jan. Bart’s residency is at 1201 Rock Creek Rd, Gladwyne, PA. Blatstein can’t offer gambling inside his Showboat. Presidential City apartment complex sells for record price of $357M . He did not divulge the sale price. (For example, developer Bart Blatstein says he got back the $150,000 he invested with Verne. They also operate the equally. 8 million, Garden Pier for $1. Bart Blatstein, of Tower Investments, center, and brothers Matthew Pestronk, right, and Michael Pestronk, left — founders of Post Brothers — presented on Nov. Blatstein cut the “ribbon” — or, in this case, two braids knotted together from the wigs. Philadelphia developer Bart Blatstein is spending nearly $130 million on attractions at the former Atlantic City casino including an indoor water park; a retractible domed concert. (AP) — Bart Blatstein, the Philadelphia developer who's been buying up distressed Atlantic City properties and re-opening them, has added three more Boardwalk parcels for about $6 million. Related: Presidential City apartment complex. The developer dropped an appeal in. m. A former casino, the hotel has undergone extensive. — 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. Showboat owner Bart Blatstein has pushed to make the seaside resort more family-friendly amid its numerous casinos and other adult entertainment venues. Located next to the Showboat on the beach block. Let the good times roll up! The former casino floor, at 100,000 contiguous square feet, is the largest private convention floor in Atlantic City, Blatstein says. The property, aimed to offer the city. The Showboat Hotel is owned by Philadelphia developer Bart Blatstein who is doubling down on his family friendly targeted resort. m. 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. 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. Although her son, Johnny, 9, and daughter, YaYa, 16, were a little upset. (AP) — Stockton University said Friday it is selling the former Showboat casino to Philadelphia developer Bart Blatstein for $22 million. Blatstein bought the Showboat in Atlantic City in 2015 for $22 million. Absolutely. ISLAND Waterpark and Lucky Snakes Arcade are two of the grand attractions that Blatstein has created in Atlantic City, New Jersey. He spoke with GGB. 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. 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. Note: To prepare the vanilla buttercream, in the bowl of a stand mixer fitted with the paddle attachment, beat 6 ounces cream cheese (room temperature) and 2 teaspoons vanilla extract on medium speed until smooth, about 3 minutes. Bart Blatstein, breaking news, Caesars Atlantic City, New Jersey, new owner Rob Schwartz, the old Million Dollar Pier. 12, 2012, 12:44 p. m. 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. The waterpark has been touted as a “game changer” for Atlantic City, and follows several failed attempts by. m. 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. To get around that roadblock, Bart wants to build a gaming and sports book on his lot next door. 5 million. ATLANTIC CITY, N. Philadelphia developer Bart Blatstein’s vision is that next summer people will be frolicking in 85 degree temperatures inside his new $100 million Atlantic City waterpark at the same location. Broad Street. Blatstein owns the Showboat Hotel and other properties in Atlantic City. " The $100 million attraction will include t ube slides, three head-first slides; a 1,000-square-foot surf simulator;. J. ) for the site: a housing development, hotel and school. 5 m 2) [2] Casino type. The property faces The Shops at Avenue North and a surface parking lot where Bart Blatstein’s Tower Investments is proposing a 15-story, 245-unit apartment building. 12, 2022 in Atlantic City, N. A pair of big-name Philadelphia developers are teaming up to propose a $3 billion mixed-use project at Bader Field in Atlantic City, the. We needed something. In 1988, he was there when Tyson KO’d Spinks. But first, developer Bart Blatstein had to cut a ribbon made of two long hair braids tied together from. Blatstein is offering the court free (one-hour sessions) during the. 1 million, according to city property records. ATLANTIC CITY — Bart Blatstein, CEO of Tower Investments Inc. New Jersey’s Casino Control Commission has given Bart Blatstein, owner of the. Meanwhile, PPD is moving to its new home, the former headquarters of the Philadelphia Inquirer at 400 North Broad St. Bart Blatstein is not the first developer to want to bring a waterpark to the resort. He’s also planning a 60,000-square-foot beer garden. 12, 2022 in Atlantic City, N. Tower Place is the first luxury apartment building on North Broad Street by Bart Blatstein's Tower Investments Inc. April 23, 2021. m. 1 million loan from WSFS Bank in September after carving up the. 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. , headed by CEO Bart Blatstein. Blatstein is a real estate developer based in Philadelphia. S. Blatstein bought the former Boardwalk volleyball court on New Jersey Avenue for $3. Front St. J. After his divorce, he is still a bachelor. 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. "He was the most prolific developer of his time," said Bart Blatstein, president of Tower Investments and the developer of the Piazza at Schmidts, among others. 4, 2023, 1:53 p. Read more Elizabeth Robertson. Michael Pestronk of the Philadelphia development company Post Brothers speaks at a news conference Monday, Nov. Francisco Alvarado. Golden Nugget’s uptick wasn’t enough to overtake Bally’s Atlantic City ($14 million), in spite of the latter’s 4% setback. What you need to earn to buy a home in Jersey Shore's priciest towns . Blatstein purchased the more than 1. ” Id. 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. Philadelphia-based developer Bart Blatstein of Tower Investments, who owns Atlantic City’s Showboat Resort non-gambling hotel, is hoping the venue will be ready to open its doors for Memorial Day weekend of 2023," the What's On Philly reports. 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. J. ) is the buyer, but it’s unclear what his plans are for the property. Bart Blatstein's Tower Investments is proposing a 245-unit apartment building on an existing surface parking lot near Temple University wedged in between several other of the company’s developments. “The rents won’t exceed a third of their income,” Blatstein said. The Complaint further states: “[i]n his business dealings, Blatstein routinely and customarily holds himself out as Tower Investments and/or Tower, Investments, Inc. He reopened it as the Playground in 2015 with a promise. Blatstein paid $600,000 in February for the parcel at 805 Atlantic Ave. 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 from the sale of tax exempt bonds to construct a waterpark at the site. Leigh says her concept includes velvet couches, chandeliers, an antique distressed mirror. He set a goal: Make $15,000 in the first year. May 12, 2023. Originally set to welcome guests on Friday, June 30, Blatstein opted for a last-minute delay to bring the park up to his standards. ATLANTIC CITY — The Island Waterpark, developer Bart Blatstein’s $100 million game changer for this resort town, did not open as scheduled Friday. ATLANTIC CITY, N. I've decided to open ISLAND Waterpark on (Friday) July 7. ATLANTIC CITY — Bart Blatstein, the owner of the Showboat hotel and other sites in the resort, is aware some critics think he is moving too slowly in. Cedar Realty Trust's sale of Quartermaster Plaza is part of an unwinding of its holdings. Jersey Digs was the first news outlet to reveal the look of the facility last month, which is designed by Atlantic City-based SOSH Architects with interior work from Martin Aquatic Design. m. 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. 26, 2022, 10:54 a. For more information, go to Bart Blatstein floats $3 billion plan for ex-airport in Atlantic City. Philadelphia developer Bart Blatstein take part in groundbreaking ceremony for a $100 million year-round indoor water park on Wednesday, Jan. Through his vision and steady guidance, Tower Investments Inc. The city's property tax website puts the total. CASA MAR proposed rendering by Bart Blatstein & Post Brothers at the current Bader Field in Atlantic City. Philadelphia developer Bart Blatstein says he and casino architect Paul Steelman have agreed to buy the four-story,. Published Jun. Construction started Monday. Waiting for that AC revival. 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. cut the ribbon for Lucky Snake at Showboat in Atlantic City, Friday, May 14, 2021. At just 24 years old, Jenna Leigh Blatstein, daughter of local real estate mogul Bart Blatstein, is getting the attention of everyone from Beyonce to Sarah Palin. But Blatstein is constantly working on making sure her pieces feel good. There's no place to go other than the casinos, which are great of course," said Tower Investments CEO Bart Blatstein. , Blatstein said in a news release. J. See morePublished Jun. 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. Get Tri-state area news and weather forecasts to your inbox. To watch a game. The groundbreaking for the year-round, 103,000-square-foot waterpark is set to take place Jan. Klein is widely regarded as one of the leading Jewish activists in the United States. When can families enjoy the storied island getaway? Blatstein and. Carmen, left, from Puerto Rico, hugs a staff member. , a statement was emailed from Blatstein that said the delay was to ensure that “everything is perfect. Blatstein paid $600,000. A first-year public school teacher in the city makes $46,267 . to provide a year-round entertainment option in the. Atlantic CIty's Showboat Hotel will open the Lucky Snake arcade, the largest in New Jersey, on May 15. Bart Blatstein is famous for his company Tower Investments Inc. 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. Mr. He said the waterpark would now. At 5:46 p. But on Wednesday, Blatstein led a ceremonial groundbreaking for what he promised will be a water park like no other in the world. J. Durst purchased the vacant parcel from the city for $10. They once had plans to transform the 223,000. Lucky Snake is a family. 21, 2022, a joint proposal to. The Philadelphia Historical Commission on Friday granted conceptual approval to an application from developer Bart Blatstein to remove parts of a Rittenhouse Square estate (the so-called McIlhenny Mansion) and to build an addition. 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. The Tower Investments CEO recently installed a massive water park at his Showboat Atlantic City hotel and has turned several office. Bart Blatstein is a true Philadelphian who was born, raised and has always worked in the city. Bart Blatstein is a true Philadelphian who was born, raised and has always worked in the city. ET ATLANTIC CITY — The Island Waterpark, developer Bart Blatstein’s $100 million game changer for this resort town, did not open as. A pot-holed runway at the former Bader Field airport site is backdropped by casinos in February in Atlantic City. The development — called Broad and Washington for now — will be constructed over several phases, with Bank OZK and. The Senator Gormley proposal calls for an open-space theme. Brett attended school in Sutton, Surrey before reading Film Studies at Warwick University. The deadline to submit a bid is January 11, 2024. that Bart Blatstein redeveloped for the city, and is expected to complete the. Bart Blatstein, the man behind some of Philadelphia's biggest (and, sometimes, controversial) redevelopments, has plans to bring another chain (or several) to the corridor at North Broad and. The parcels included Garden Pier; a four acre parcel on block 61 next to Showboat Hotel; and the third package included several lots in block 80 along the Inlet. ATLANTIC CITY, N. 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. It will be called CASA MAR. 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. (AP) — Stockton University said Friday it is selling the former Showboat casino to Philadelphia developer Bart Blatstein for $22 million. This June 8, 2016 photo shows the exterior of the Showboat hotel in Atlantic City, N. In a swift turn of events, developer Bart Blatstein has postponed the opening of his Island Waterpark at the Showboat Hotel. 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. That is the overarching message neighborhood residents have for developer Bart Blatstein about his latest plans to fill one of the neighborhood’s most high-profile vacancies with a Wawa convenience store and filling station. "I am excited and energized to help lead Tower Investments with continued. As the state of New Jersey has full oversight of Atlantic City, this is not a decision that the local government can make without state approval. The property, aimed to offer the city. Founder and CEO. Developed by Tower Investments owner Bart Blatstein, Island Waterpark will be the largest indoor beachfront waterpark in the world. Mr. J. Blatstein is a Philadelphian, with passion and vision for the city, its. The property faces The Shops at Avenue North and a surface parking lot where Bart Blatstein’s Tower Investments is proposing a 15-story, 245-unit apartment building. They have 2 children. It's a family-friendly destination for all ages, Bart Blatstein, Tower Investments CEO and Showboat owner, said. Jan. Bart Blatstein is famous for his company Tower Investments Inc. The $50 million dollar renovation project will be completed just in time for the grand opening of the $100 million. He began reading how-to books about real estate. J. Plans call for water slides, pools and a lazy river, along with food and beverage and retail outlets, lounge areas and. and owner of Showboat Atlantic City, proposed a plan to redevelop the city-owned Bader Field with market rate. 21, 2022, in Atlantic City, N. , said the final phase of remodeling for the hotel’s 800 rooms, suites, lobby and other common areas is underway. Piers 38 and 40 will be part of a new development from Bart Blatstein. ATLANTIC CITY, N. Atlantic CIty's Showboat Hotel will open the Lucky Snake arcade, the largest in New Jersey, on May 15. " Atlantic city was "broke," he said. Attorneys for the developer presented the Super. Casa Mar, a $3 billion water-intensive development inspired by the canals of Amsterdam that will feature residential, office and retail properties, has been proposed by developer Bart Blatstein for Atlantic City, according to multiple published reports. 7, 2023, 5:15 p. To hang out. Developer Bart Blatstein took the wraps off that multi-billion-dollar project Monday. Bart Blatstein, long identified with Northern Liberties’ development boom, has all but left the trendy neighborhood after selling a controlling stake in a project he’d planned on land beside his Piazza at Schmidts complex. Island Waterpark at Showboat will transform the Atlantic City hotel into a year-round family resort, says owner Bart Blatstein. m. The only other references to Blatstein individually are contained in ¶¶ 7 and 8 which. Related: Presidential City apartment complex. The two entrepreneurs in their 20s went to work. But he has no plans of turning it into a Tower Investments property—he plans on living there. She is a successful entrepreneur. “We really believe Atlantic City is at a turning point. 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. ) In other cases, he made promised investments, then sold them, and pocketed shareholders. Philadelphia developer Bart Blatstein provided an alternative take on what to do with Bader Field. Related: Developer Bart Blatstein buys Piers 38 and 40 along the Delaware River. Blatstein also owns several projects in. 5 million to both Blatstein’s development corporation and the CRDA is possible for up to 20 years. So, for 2023, I hope for nothing radical. Blatstein's S. ”. Bart Blatstein told The Associated Press on Tuesday he has sold the Playground pier complex to a subsidiary of Caesars Entertainment. Brett Goldstein. Jones Lang LaSalle. Sketches revealed Monday show a $3 billion plan to redevelop Bader Field. This will be a more than $100 million project. He said entry-level units would be “in the teens, under $2,000” and affordable for a first-year teacher, in his view. 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. is owned by Bart Blatstein’s Tower Investments, and 1132-1140 N. Showboat's owner and CEO of Tower Investments, Inc. The owner of Atlantic City’s Showboat hotel plans to build a $100 million year-round indoor water park next to it and will break ground in August, he said Wednesday. The $100 million, 103,000-square-foot park will be called the Island Waterpark. 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 the. Image courtesy of Island Waterpark. An indoor go-kart track opened there last year. Ryan, his son is 35 years old and Jenna is his daughter who is 33 years old now. The property is owned by Philadelphia-based developer Bart Blatstein, who acquired the non-casino hotel from Stockton University in 2016 for $23 million. Philadelphia developer Bart Blatstein take part in groundbreaking ceremony for a $100 million year-round indoor water park on Wednesday, Jan. A lawsuit has been settled with the last owner. Bart Blatstein is a 1976 College of Liberal Arts alumnus and president and CEO of Tower Investments, a Philadelphia-based private company that has built properties near Main Campus and in Northern Liberties. Showboat does not have a casino but operates as a hotel (and soon apartments also). The Showboat project will bring "a family-friendly and year-round resort option to Atlantic City. 200 E Randolph St Fl 43-48, Chicago, Illinois, 60601, United States. Adelman invested about $3 million, making him the largest single Ownable backer. A mock up table setting in view as Atlantic City Mayor Mart Small Sr. Blatstein is building. Michael Pestronk, left, Bart Blatstein, center, and Matthew Pestronk, right leave the stage after a news conference Monday, Nov. “We get it,” he said. 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. Michael Pestronk, left, Bart Blatstein, center, and Matthew Pestronk, right leave the stage after a news conference Monday, Nov. The project will include apartments at market-rate rents, said Blatstein. 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. J. “You only have one chance to make a first impression. Blatstein stated that he didn’t believe that the MOU decision has yet been reached by the state of New Jersey. By. They have 2 children. When this iconic pier was known as Million Dollar Pier, it had the historic street address of # 1 Atlantic Ocean. That would give Atlantic City 10 casinos, nearing the total of 12. Blatstein, whose older brother Bart is a well-known Philadelphia developer, is now chief executive officer of OTG Management, which. An annual tax rebate of $2. Atlantic City has announced that it has sold three properties to Philadelphia real estate developer Bart Blatstein recently for a total of $5,960,000. It's only been about a year since Showboat Hotel owner Bart Blatstein broke ground on a $100 million indoor water park in Atlantic City, but as seen on Wednesday, the structure seems to have made. Bart Blatstein, CEO of Tower, called Monday for “an open, transparent process” to seek developers for the site. Plans also recently fell through for a Super Wawa proposed at 1401 S. ," said Blatstein, CEO of the hotel's owner, Tower Investments Inc. ATLANTIC CITY, N. m. The developer dropped an appeal in. 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. 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. At twenty-two Brett went to New York. Events in the courtyard, once known for its concerts and DJ sets, fell off — one lowlight included a mac n’ cheese night — to the disappointment of. , to announce their companies, Post. Yesterday was supposed to be the big unveiling of Bart Blatstein’s plans for The Pier Shops at Caesars, the half-empty mall over the ocean in Atlantic City. Actor: Thor: Love and Thunder.