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ATLANTIC CITY — After a decades-long absence, the internationally known diving horse act will return to the Steel Pier this summer as part of an overhaul approved for a Casino Reinvestment Development Authority loan Wednesday by the agency’s board — moments after the Tourism District Master Plan was adopted.

The CRDA’s $6 million contribution to the $20 million first phase of the Steel Pier improvement project is a prime example of what the Master Plan is intended to help accomplish in Atlantic City: economic recovery and realized potential by playing up — and improving on — its existing attributes and using government support to leverage private investment in the city.
“The mayor and (City) Council have always been supportive, but we have never seen a climate like this, with (all levels of) government,” said Tony Catanoso, one of the pier’s owners. “Instead of saying, ‘No, we can’t,’ they’ve expanded their vocabulary by one word: ‘Yes.’ We’ve never had that kind of attitude in Atlantic City in 20 years in business, and it’s totally driven from the top.”
Both the master plan and loan to Catanoso and his partners received unanimous support from the 15 CRDA board members (Nicholas Ribis and Debra DiLorenzo did not attend). They voted at the Atlantic City Convention Center on Wednesday, a deadline set by state law. Effective one year ago, those regulations also established the Tourism District and CRDA development powers within it, in addition to setting in motion other changes based in part on a report commissioned by Gov. Chris Christie to revive the resort beset by competition from nearby gaming markets and the recession.
State Sen. Jim Whelan, D-Atlantic, was one of the main proponents of the legislation.
“This is beyond my wildest dreams, what we saw today. I’ve been… around since the pre-casino days. And more remarkable than the plan we saw today, as great as it is, is …the consensus behind it coming out of the gate. That doesn’t happen in Atlantic City. It gives me great hope that this isn’t just another set of pretty pictures,” said Whelan, referring to the succession of citywide development strategies drawn up over the years. “That this set of pretty pictures is going to become a reality.”
Formerly mayor of the city, Whelan still lives here and sat among the nearly 300 city residents, public officials, journalists and other stakeholders at the two-hour session. The meeting included a presentation by The Jerde Partnership, one of four companies working on the master plan.
“This master plan is a vision, a guide, for furthering the city’s success. The future of Atlantic City is guided by those who know it the best — you,” said Jerde Vice President David Sheldon to the audience. “We are the interpreters, the visionaries. We want to position Atlantic City as ... a city where there is no off-season.”
The $800,000 contract awarded to the consulting team, which is headed by Jones Lang LaSalle, includes ongoing engineering and other professional support CRDA officials expect to need as they implement the plan.
“No one expects this to be easy, but now we have a plan to provide direction,” said CRDA Executive Director John Palmieri.
There are three phases in all, with the long-term phase setting out suggestions that will be implemented five years or longer from now.
Bader Field, for example, is slated for development, but not until at least five years from now. The plan makes suggestions for how to do that — mixing residential and commercial uses perhaps, definitely maximizing waterfront access and green open spaces — but also advises continuing to host events there in the meantime.
State law also requires a progress report from the CRDA after the first, two-year-long phase of the plan, said CRDA Deputy Director Susan Thompson.
The three-year Steel Pier renovation plan calls for $102 million worth of upgrades to the 114-year-old structure that extends 1,000 feet into the ocean opposite the Boardwalk from the Trump Taj Mahal Casino Resort.
By this summer, a beer garden, six new rides and eight new games will start operating beneath new lighting and spruced up, better-coordinated facades. The diving horse act — which last appeared in the summer of 1993 — will be up and running, along with other acts inside an amphitheater in the works, too.
By 2015, Catanoso and his partners hope to be operating an enclosed pier that’s 25 percent larger.
“Everyone’s on board,” Catanoso said. “The attitude, enthusiasm is there. I think Atlantic City is going to come back, just by the way people are acting.”
The plan’s approval means it will be available in its full form today, complete with underlying economic analysis supporting its new ideas and existing ones that were incorporated. But suggestions for Bader Field and many other of the plan’s components geared toward achieving that end were revealed during a series of public meetings during the past month. Those sessions were meant to answer questions and get feedback from residents, business owners and other stakeholders. Concerns and questions remain, however.
Dennis Konzelman, president of the Westside Civic Association, said once residents understand how they’ll be affected by proposed changes, they’ll want to see results quickly.”
“This is great and beautiful and exciting,” said Konzelman, whose neighborhood doesn’t fall within the boundaries of the Tourism District. “We need to see something happen, and we want to know what’s going to happen to us. We’re not in the Master Plan. So just don’t forget about us, the people who live outside of (the Tourism District).”
Business owners also objected to the plan’s push to get rid of widely used steel doors that they roll down or pull across their storefronts for overnight security. But some parts of the plan suggest changes that are universally supported and have long been recognized, such as the intent to redevelop Kentucky Avenue with a focus on the street’s legacy as a nightlife destination and focusing on Atlantic Avenue as the city’s main street. Other parts of the plan note best practices already are in place, such as in Gardner’s Basin, or advocate moving forward with existing plans, such as those for the Steel Pier.
Mayor Lorenzo Langford didn’t bite when a reporter asked him to respond to criticisms from Christie, a break from the jabs they’ve exchanged before, such as Langford comparing the state’s implementation of the Tourism District to South African apartheid.
“This is a great day for Atlantic City,” Langford said. “The governor’s a man just like I am. He’s entitled to his opinions. I don’t put too much stock in what he has to say.”
Christie released a statement that was similarly even-keeled.
“A successful, vibrant Atlantic City is vital to the economic growth of both the regional and state economies,” the statement read. “Exactly one year to the day of signing landmark legislation that established the Atlantic City Tourism District, we now have an ambitious, visionary road map that will transform Atlantic City and lead its comeback.”
Highlights of the Atlantic City’s Master Plan
Eliminate ‘dead zones’ between major hubs and landmarks by adding art installations and eight to a dozen ‘innovation pavilions,’sponsored by international brands and extending from the Boardwalk over the sand.
Expand Ambassador program beyond Boardwalk by adding greeters elsewhere; expected to be triple the size for summer 2012.
Business corridors
Improve walkability and increase pedestrian traffic on Pacific Avenue with patio-style dining and street-accessible bars, boutiques and other venues. Establish small-scale retail in ground floors of casino parking garages on the beach blocks of Michigan, Missouri and Mississippi avenues.
Focus on improving storefronts and the mix of vendors and uses along Atlantic Avenue to help establish distinct districts within the city that seamlessly transition from one to the other yet maintain their own identity. Entails daily parades and other events, reducing detractors such as overnight security doors.
Mid-term: between two and five years from now
Arts District in Ducktown centered on Dante Hall Theater for the Arts.
AC LIVE! previously discussed as the entertainment-focused fourth phase of The Walk.
Revitalize Kentucky Avenue with focus on music and history to pay homage to nightlife and entertainment that once made the street a tourist destination in and of itself.
Expand Gardner’s Basin to include an oceanic research facility, fishing fleet operations and other offerings that fit with area’s existing marine and education themes.
South Inlet redevelopment: Lighthouse Park expansion, linear waterfront park.
Sculpture parks, skate parks, small festivals, sports fields in areas between Indiana and North Carolina avenues.
Long-term: five years or longer
Keep Bader Field as an event venue, with long-term plans for commercial, residential or mixed-use development.
Marina District should establish a network of waterfront walking and biking paths connecting new and existing gaming and nongaming resort properties.
Source: David Sheldon, vice-president at The Jerde Partnership, consultants on the Atlantic City Tourism District Master Plan
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http://atlanticcityrealestateblog.com Atlantic City's newest Revel Casino is back on track and is slated to open May of 2012. Here is some fresh new footage of the progress of the newest casino in Atlantic City. Check out the brand new boardwalk in front of the Revel Casino. If you have any questions about what's hot let us know. Here is more info about the Revel Casino. April 2011 Revel Hotel Casino Progress Report click here: http://youtu.be/iCgAZT9Gpvw March 2011 Revel Hotel Casino Progress Report click here. http://www.youtube.com/watch?v=Z9taLm_p2rc&feature=related Tishman Construction is serving as Construction Manager for a 20-acre redevelopment site on one of the largest contiguous beachfront sites in Atlantic City. The resort will feature a 53-story, 1,100-room hotel towers and a five-story structural steel podium that will house a 145,000-square-foot gaming area, 5,000-seat event center, entertainment areas, retail, restaurants, a full service spa with indoor and outdoor pools, a three-story nightclub, multiple lounges, a coffee shop, meeting and conference center, back of house functions and an adjoining 7,700-car parking garage. Two concrete mat foundations with approximately 35,000 cubic yards of concrete were installed as a base for the new tower and the second future tower. This project also includes the construction of a central utility plant to service the project and the future tower, as well as the consideration of a potential pier expansion. A multi-block off-site roadway improvement project is also included as part of the redevelopment area. Ian Lazarus The Landis Co., Realtors The Jersey Shore Specialists ian.lazarus@mygo2realtors.com 609-457-0258
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By JOEL LANDAU Staff Writer Press of Atlantic City
ATLANTIC CITY - As buyers continue to have the advantage in the housing market, developers are offering more incentives to entice them to buy.

"In this market you've got to make deals," said Ian Lazarus, project manager for sales and marketing of The View Condominiums on the Boardwalk. "Buyers are looking for anything they can get. In a buyer's market, they are always looking to reduce the price. We try to get them off the price and talk to them about other incentives that have a money value."

Lazarus has a lot to sell at the moment. Steve Kates, owner president of Kates Associates, purchased View Condominiums about a year ago and turned the former Waterside Apartments building into condos.
About half of the 348-unit building in the South Inlet is occupied, but Lazarus has been very aggressive. He said he's sold about 47 homes in the past two months.
To help his cause, Lazarus has offered special amenities as crews begin retrofitting the former apartments into new condos.
The company has offered incentives such as hardwood floors, stainless steel kitchen appliances and renovated bathrooms. Kates Associates also is working with Sun National Bank in Atlantic City to provide loans with a low down payment and offering to pay the new owners' closing costs.
Kates also worked with tenants of the apartment building and allowed them to use their security deposits and up to six months of paid rent toward buying a condo.
"You can close the deal if you find out what they want," Lazarus said.
Kates decided it was worth it to make sure the building was full of good owners rather than holding out for potentially more money down the road when the market fully recovered.
"We made a commitment to people to find a way to live here," he said. "It has made the people in the building very tight, almost like a family. They come here and love being here."
Several area housing developers have begun sweetening their deals to stand out.
Mary Danielsen, spokeswoman for the Builders League of South Jersey, said changing the internal factors of the properties has been the biggest incentive. Local developers are retrofitting the units to provide buyers what they need in their new home, she said.
"They can't change the size of the house but they can make internal changes," she said. "The needs of the homes have changed. The technology has changed. You may not need a dining room or family room because technology allows you to move around the house more."
Developers offer different packages for buyers, Danielsen said. They could offer a fourth bedroom instead of a television room now that people can fit a large flat screen television in their bedroom.
Local builders have also started offering packages to help sell existing homes, she said. They will have employees fix up and prepare their buyers' former homes to sell.
"They can get one of their own guys to fix it up so they can get moving," Danielsen said.
Rita Gasparro, sales manager for D'Anastasio Corp., started a new incentive program six months ago for the Tavistock housing complex in Mays Landing, to sell the last dozen properties of the 208-home housing complex.
The developer decided to offer $20,000 off the base price or 50 percent off all options, such as a wider driveway, additional bedroom, sun room or second garage.
Single family homes start at $203,000, she said.
"He made a decision with the way the market is to start selling the homes for less," she said.
Gasparro said she needed an incentive because many clients have a home they need to sell before they can buy their next house.
"A lot of people have said, ‘I like what you have, but I need to sell my home first,'" she said. "You've got to give them a discount because they'll say I had to sell my house first and have to make that up."
Jeanne Gamber, sales and marketing director for Bruce Paparone Inc., said a discount off the listed price was the most effective incentive. Instead of offering amenities they would offer money, she said.
"We were able to be flexible and look at the needs of individual buyers. We do not do it across the board but look at individual needs. It seems to work out," she said. "It depends on the buyer. We feel bottom line, especially in this economy, there are a lot of people that want a financial benefit."
But incentives don't last forever.
Paparone has not offered any incentives recently in their Gloucester County developments because they are back to getting market value for their land, Gamber said.
For more information about Atlantic City real estate, contact Ian Lazarus, The Landis Co., Realtors, 609-457-0258, ian@ViewAC.com , www.TheViewAtlanticCity.com
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