Published Jan. Blatstein’s Tower Investments is partnering with the Pestronks’ firm, Post Brothers, to build a brand-new. That’s the leading question about developer Bart Blatstein’s latest flight of fancy for Atlantic City. If a presentation by Blatstein and his partners on Monday can be believed, “Casa Mar. You could start with Bart Blatstein, the first mega-developer to take a chance on the blighted, bombed-out neighborhood, in the. Bart Blatstein is such an individual. ET. The Showboat’s enormous arcade, The Lucky Snake Entertainment Center and Sports Bar, has been a smashing success. The Playground November 2014: Bart Blatstein bought the Pier Shops at Caesars (which cost $200 million to build) for just $2. He said entry-level units would be “in the teens, under $2,000” and affordable for a first-year teacher, in his view. The SEC also accuses Verne of hiding Ownable’s losses through $5 million in “Ponzi-like” payments to reassure some investors, so he could attract new ones. J. Bart Blatstein is a true Philadelphian who was born, raised and has always worked in the city. Last summer, Blatstein opened Lucky Snake. Unique hotel-like conveniences make Tower Place a destination for tenants. 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, CEO of Tower Investments, Inc. The battle over Bart Blatstein’s Wawa on the waterfront will continue into 2020. Bart Blatstein, the. This was followed by interest rates going up almost 3x in a 6-month period. Real Estate developer Bart Blatstein is a not your typical Philly guy with a summer home in Margate. 1 million loan from WSFS Bank in September after carving up the. Though the original plan for Stockton University to turn the Showboat into a dormitory, it ultimately sold the property to Philly developer Bart Blatstein in 2016 for $23 million. Over the last 20 years, several developers have proposed waterparks only to see those plans not materialize. 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. Bart Blatstein at his latest acquisition, Pier Shops at Caesars on the Atlantic City Boardwalk. A Chat With: Real estate developer Bart Blatstein 03:46 PHILADELPHIA (CBS) -- He's the developer behind some of Philadelphia's most vibrant neighborhoods and changing the way we look at Atlantic City. 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. 21, 2022, in Atlantic City, N. Long before it was Bart Blatstein's Playground, the pier at 1 Atlantic Ocean in Atlantic City was Ocean One Mall. A pot-holed runway at the former Bader Field airport site is backdropped by casinos in February in Atlantic City. Tom Ford. Bart Blatstein is famous for his company Tower Investments Inc. Bart Blatstein is always on the cutting edge of hot trends and strives to accommodate his clients and City and region that he serves. 2,508 likes · 10 talking about this · 6,752 were here. , sums it up by saying “This is a once in a lifetime transformational opportunity for Atlantic City. 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. C. 4 million, but a city spokesman said the. Bart Blatstein, founder and CEO of Tower Investments and a native Philadelphian, has long proposed a residential complex at the site, and now, with Post Brothers as a joint-venture development partner, construction is finally underway. m. Philadelphia developer Bart Blatstein said 852 of the complex's 1,300 rooms will be open to the public in July. “His job in Northern Liberties is the closest thing to building a city within a city that anyone has accomplished. Not only is he the man-in-charge at the Showboat, but Blatstein is the CEO of. Bart Blatstein, CEO of Tower, called Monday for “an open, transparent process” to seek developers for the site. Klein is National President of the Zionist Organization of America (ZOA), the oldest pro-Israel group in the U. Luckily for us, he chose Atlantic City this time. 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. Bart Blatstein’s Tower Investments has paid $34 million to repurchase Riverview Plaza, a 236,217-square-foot retail center along the Delaware River in Philadelphia that the company developed in. 5 million for a Continuum townhome. Deem Enterprises has already proposed a $2. He lives at Rittenhouse Square. The developer's latest addition? The world's largest indoor beachfront waterpark at the Atlantic City Showboat Hotel. 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 offers a first look inside ‘grandiose’ Island Waterpark in A. J. 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. The developer has sold the industrial building on Third Street south of Poplar Street that for years had housed his Tower Investments Inc. “I can. “The fight starts. At 5:46 p. By contrast, Philly-based developer Bart Blatstein, who bought nearby Showboat for $23 million this year, has quietly and methodically moved to re-open the hotel portion of the facility. 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. Post acquired Kushner’s stake in the complex for $44. The Philadelphia developer is about to open Island Waterpark, a $100 million indoor aquatic recreation facility designed to appeal to family tourism and give visitors something else to do besides gambling as Atlantic City seeks to become less dependent on the spin of the slot. 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. Bart Blatstein is putting the "show" in Showboat. Back on the Boardwalk, Bart Blatstein‘s Showboat redevelopment promises something for everybody. , set to open on June 30 Blatstein, who also owns the Showboat, held an elaborate VIP preview party June 22 and. 21 that would establish Casa Mar, a $3 billion development built on 140 acres. 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. The Island Waterpark gave Atlantic City’s kids a free morning last week. He has moved the company to offices near his opulent new home on. J. Philadelphia developer Bart Blatstein take part in groundbreaking ceremony for a $100 million year-round indoor water park on Wednesday, Jan. When Showboat Hotel Owner Bart Blatstein announced he would build a $100 million waterpark a couple of years ago, my response on my radio show was skeptical, to say the least. Bart Blatstein, of Tower Investments, center, and brothers Matthew Pestronk, right, and Michael Pestronk, left — founders of Post Brothers — presented on Nov. 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. 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. Philadelphia-based developer and Tower CEO Bart Blatstein, who holds a long-term lease on the pier through Caesars Entertainment Corp. But first, developer Bart Blatstein had to cut a ribbon made of two long hair braids tied together from. Luckily for us, he chose Atlantic City this time. Morton A. It will be owned by Bart Blatstein. 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. He said the waterpark would now. “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. The Bart Blatstein proposal features a residential community concept, featuring homes, a school, walking paths, and more. 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. “I’m super excited about this transformational gateway project,” Blatstein said of the Broad and Washington plan. 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. 6 billion to his fortune; now worth $72. m. (ED HILLE/ staff photographer) Read more. m. A person familiar with the deal said Blatstein and Steelman agreed to pay $2. 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. Tower Investments CEO Bart Blatstein is calling for a transparent and competitive process to determine the redevelopment of Atlantic City’s Bader Field. (ED HILLE/ staff photographer) Read more. Developer Bart Blatstein took the wraps off that multi-billion-dollar project Monday. Related: SEPTA to disclose list of. Look no further than. with a stated goal of selecting DEEM Enterprises to. Blatstein has also proposed a second mixed-use project along Washington Avenue, just one block away at a vacant lot on 13th Street. Blatstein purchased the Showboat Casino in Atlantic City for $23M in 2016, near the nadir of the beach city's reputation. called “ Dave & Buster’s. But he has no plans of turning it into a Tower Investments property—he plans on living there. 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. The developer dropped an appeal in. The historical building built in 1959 by renowned architects Carrol, Grisdale & Van Alen has been renovated with modern features, appliances and amenities. 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. 1 million loan from WSFS Bank in September after carving up the. 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. 5, 2018, 5:00 a. 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. Philadelphia developer Bart Blatstein is. ATLANTIC CITY — Bart Blatstein is looking to make waves with a proposed $100 million water park next to his Showboat Hotel property, promising an aquatic-amusement experience he says willCedar Realty Trust's sale of Quartermaster Plaza is part of an unwinding of its holdings. 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. SEPTA to disclose list of properties it needs to acquire for KoP Rail . Meanwhile, PPD is moving to its new home, the former headquarters of the Philadelphia Inquirer at 400 North Broad St. But property owner Bart Blatstein has even. Developer Bart Blatstein's vision for the property features canals inspired by Venice and Amsterdam. That is the overarching message neighborhood residents have for developer Bart Blatstein about his latest plans to fill one of the. Bart Blatstein, CEO of Tower Investments, Inc. The city hopes to select a developer the following month, but it could be years before the site is. 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. Bart Blatstein opened his $100 million Island Waterpark in Atlantic City on Tuesday after a permitting delay. “I’m extremely bullish on. The property, aimed to offer the city family-friendly. Bart Blatstein has given up on his years-long fight for permission to build a Wawa gas station along South Philadelphia’s Delaware River waterfront over objections that the project would set back efforts to make the area more inviting to residents and pedestrians. Bart Blatstein, who owns the Showboat hotel in Atlantic City and has built projects in Philadelphia, is pushing a rival proposal for Bader Field called Casa Mar, a water-themed development that. 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. Bartley Wilson at the age. 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. — 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. The Pier at Caesars owner/developer Bart Blatstein reacts to Mayor Don Guardian's unofficial State of the City speech, Thursday Jan. C. Blatstein owns the Showboat Hotel and other properties in Atlantic City. 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. He said the pickleball court offers a great workout and offers a family-friend. . (AP) — Philadelphia developer Bart Blatstein said Tuesday that he and billionaire investor Carl Icahn have resolved a legal restriction allowing the former Showboat casino to. (AP) — 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 option in the seaside resort that doesn’t involve gambling. Bart Blatstein, CEO of Tower, called Monday for “an open, transparent process” to seek developers for the site. But he may discontinue the. In 2013, Bart Blatstein sold his controlling interest in the development to Jared Kushner (yes that Jared Kushner). Philadelphia developer Bart Blatstein is accused of trespassing and failing to make promised payments to purchase a failed shopping center in Atlantic City. Bart Blatstein Net Worth Bart Blatstein Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. The Senator Gormley proposal calls for an open-space theme. Atlantic CIty's Showboat Hotel will open the Lucky Snake arcade, the largest in New Jersey, on May 15. 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. , drives an indoor go-kart at the property on Thursday, May 26, 2022, two days before the track’s grand opening. 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. 1 of 7 | . ET. Philadelphia developer Bart Blatstein said he hopes to make the former casino a non-gambling. 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. Blatstein purchased the property after it closed in 2014. ) In other cases, he made promised investments, then sold them, and pocketed shareholders. J. 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. The waterpark has been touted as a “game changer” for Atlantic City, and follows several failed attempts by. A person familiar with the deal said Blatstein and Steelman agreed to pay $2. The Showboat Hotel is owned by Philadelphia developer Bart Blatstein who is doubling down on his family friendly targeted resort. Developer Bart Blatstein took the wraps off that multi-billion-dollar project Monday. Bart Blatstein has been named redeveloper of the city-owned, century-old. Blatstein spent many happy times in AC growing up and. (For example, developer Bart Blatstein says he got back the $150,000 he invested with Verne. The Showboat opened as a casino hotel in 1987 and closed. “He warned me he was selling it,” Up said. Read more Wayne Parry / AP. Blatstein also said “I would fail” if the venue were going to be like Xfinity Live! Shots fired, Bart. Bart’s residency is at 1201 Rock Creek Rd, Gladwyne, PA. 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. , 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. Listen 1:05. He said the waterpark would now. Atlantic City Council President George Tibbitt. Bart Blatstein offers a first look inside ‘grandiose’ Island Waterpark in A. Day passes are priced at $89. ” The development would be designed “to embrace. ” Blatstein announced a joint venture with fellow Philadelphia-based developer Post Brothers to create a new $3 billion neighborhood within Atlantic City being referred to as “Casa Mar. But they’ve substantially changed their project since then. is a leading developer in retail, entertainment, mixed use,… | Learn more about Bart Blatstein's work experience, education, connections & more by visiting their profile. Blatstein got a $22. in Ardmore, who has known Blatstein for about 30 years. But whether or not he’s up. 5, 2021, 1:00 p. 7 million. Pennsport doesn’t want gas pumps on the Delaware River waterfront. Bart Blatstein has settled litigation involving a high-profile site at South Broad Street and Washington Avenue in Philadelphia and subsequently closed on purchasing the property for. The Bart Blatstein proposal features a residential community concept, featuring homes, a school, walking paths, and more. Bart Blatstein offers a first look inside ‘grandiose’ Island Waterpark in A. The Tower Investments CEO recently installed a massive water park at his Showboat Atlantic City hotel and has turned several office. ” Id. A first-year public school teacher in the city makes $46,267 . But first, developer Bart Blatstein had to cut a ribbon made of two long hair braids tied together from. Blatstein cut the “ribbon” — or, in this case, two braids knotted together from the wigs. 12-09-1954 is his birth date. He has an uncanny sense of foresight,” said fellow real estate developer Gary Erlbaum, president of Greentree Properties Corp. 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 option in the seaside. 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, the Philadelphia developer who runs the Showboat as a hotel that does not offer gambling, applied Tuesday for a state tax credit to help finance the water park. "I'm extremely bullish on Atlantic City. (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. Lucky Snake is a family. Developer Bart Blatstein is buying the 18-floor office tower housing The Inquirer, the Philadelphia Daily News and Philly. Look no further than the blueprints to his Rittenhouse Square mansion to glimpse the appetite and aptitude of Philadelphia developer Bart Blatstein. 26, 2022, 10:54 a. For more information, go to 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 inPhiladelphia developer Bart Blatstein take part in groundbreaking ceremony for a $100 million year-round indoor water park on Wednesday, Jan. ” Compl. Mixed-use and residential towers will soon be rising from Cherry to Callowhill and up to Spring Garden, with Hanover Company, Parkway Corporation, and Bart Blatstein leading the development. CEO Bart Blatstein announced a joint venture between his company and Post Brothers Nov. Blatstein built that in the early 2000s and later sold it to a venture involving Kushner Cos. Bart Blatstein: Other information; Number of rooms: 1,331: Website; showboathotelac. 111 S Gladstone Ave, Margate City, NJ 08402. Post Brothers has built 8,000 apartments and 700,000 square feet (about 65,000 square meters) of. Blatstein, whose older brother Bart is a well-known Philadelphia developer, is now chief executive officer of OTG Management, which. ” Published Jun. Blatstein and Post Brothers want to put 10,000 housing units on Bader. Bart Blatstein, the waterpark’s developer, held a preview party for family and friends on Thursday. Published Nov. 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. Developer Arnold Galman might not have the name recognition of Bart Blatstein, but his property portfolio isn’t exactly unimpressive, and it’s earned him his own lavish abode in Bryn Mawr, a. The latest is a failure to secure proper licensing in time for a June 30 opening. When this iconic pier was known as Million Dollar Pier, it had the historic street address of # 1 Atlantic Ocean. Everyone who bought tickets for Friday was given a refund and complimentary tickets to the waterpark, along with credits to Showboat's. But it was perfect for what Bart Blatstein is selling. Showboat Renaissance LLC, owned by Philadelphia-based developer Bart Blatstein, submitted an application seeking major subdivision approval from the Casino Reinvestment Development Authority on. Lynda Cohen | August 20, 2023. Published Nov. Blatstein is building. 21 that would establish Casa Mar, a $3 billion development built on 140 acres. And Blatstein wants to bring families to Atlantic City with the $100 million, 120,000-square-foot Island Waterpark. Blatstein is offering the court free (one-hour sessions) during the. Developer Bart Blatstein’s latest project in North Philadelphia is facing backlash from neighborhood groups and a city-appointed design review board, although. In 2014, he purchased the former Pier Shops mall across from the Caesars casino. that Bart Blatstein redeveloped for the city, and is expected to complete the. Blatstein, whose older brother Bart is a well-known Philadelphia developer, is now chief executive officer of OTG Management, which. ATLANTIC CITY - The city is a step closer to selling Garden Pier for $1. m. 7 million and reopened it in 2015 as The Playground shopping and. Jan. Blatstein would also like to develop Bader Field and he is bullish about the potential for the inlet section of Atlantic City. . 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. Historical Museum at Garden Pier to close todayPhiladelphia developer Bart Blatstein (l. Get Tri-state area news and weather forecasts to your inbox. Blatstein is a Philadelphia developer who owns Showboat in Atlantic City as a non-casino hotel. Morton Klein is a child of Holocaust survivors, born in a displaced persons camp in Gunzberg, Germany. J. Tower and Post Brothers, another major. 5 m 2) Casino type: Land-based: The Showboat Atlantic City is a resort hotel and former casino in Atlantic City, New Jersey. Blatstein is a real estate developer based in Philadelphia. Sign up for our weekly home and property newsletter, featuring homes for sale, neighborhood. Christopher. J. Published 9:38 AM PST, January 12, 2022. A canal would be dug across Bader. 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. J. “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. 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. ”. The hotel will still be called the Showboat. Principal Bart Blatstein recognized long before anyone else the enormous potential of Delaware Avenue for large scale retail and commercial development. Philadelphia has seen its share of large and opulent houses emerge during the recent building boom, but this newest one, built on Rittenhouse Square's southwest. Blatstein purchased the Showboat Casino in Atlantic City for $23M in 2016, near the nadir of the beach city's reputation. 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. But it was abruptly called off late. Amazon’s Jeff Bezos had the best year of any person on the planet, adding $27. m. Broad St. Showboat does not have a casino but operates as a hotel (and soon apartments also). The $100 million park, which will open June 30, is part of an effort by Atlantic City to offer guests — particularly those with children — something to do other than gambling. 2 of 8 | . J. is a leading developer in retail, entertainment, mixed use,… | Learn more about Bart Blatstein's work experience, education, connections & more by visiting their profile. ” 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. 12, 2022 in Atlantic City, N. “The rents won’t exceed a third of their income,” Blatstein said. Bart Blatstein inside the clock tower in the Philadelphia Inquirer and Daily News building at 400 N. Tower Place is the first luxury apartment building on North Broad Street by Bart Blatstein's Tower Investments Inc. Philadelphia developer Bart Blatstein, center, speaks with guests during a preview of the Island Waterpark in Atlantic City, N. Founder and CEO. New renderings, submitted by developer Bart Blatstein to the Civic Design Review Committee, show. Tower Investments, Inc. , and Atlantic City Mayor Marty Small Sr. Island Waterpark, a $100 million endeavor by Philadelphia developer Bart Blatstein, is set to open June 30 in Atlantic City as one of the area's few non-gambling tourist hotspots. J. Showboat owner Bart Blatstein has pushed to make the seaside resort more family-friendly amid its numerous casinos and other adult entertainment venues. , did not respond to a message left for him Tuesday. ”Published Jun. During our interview with Schwartz, he confirmed that as a part of their new project (ACX1 Studios), they will construct movie production sets on the 3rd floor level of the Atlantic City pier. Philadelphia-based developer and Tower CEO Bart Blatstein, who holds a long-term lease on the pier through Caesars Entertainment Corp. 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. The developer's latest addition? The world's largest indoor beachfront waterpark at the Atlantic City Showboat Hotel. 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. Blatstein is building. ¶ 6. H. Philadelphia real estate developer Bart Blatstein has been focused on non-gaming attractions since he acquired the Boardwalk resort in early 2016 from Stockton University for $23 million. ATLANTIC CITY, N. The hotel will still be called the Showboat. Absolutely. cut the ribbon for Lucky Snake at Showboat in Atlantic City, Friday, May 14, 2021. 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. Tower Investments, Inc. Blatstein has secured $2. (AP) — 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 option in the seaside resort that doesn’t involve gambling. Founder and CEO. Bart Blatstein CEO of Showboat and Atlantic City Mayor Marty Small announces a new family friendly concept at the Showboat along with Banana peel a 14 foot albino Burmese python. Blatstein owns and developed both of those projects as well. —Bart Blatstein, Tower Investments CEO and Showboat Owner . The projects are DEEM Enterprises’ car-centric development, which the state has been looking into for two years; developer Bart Blatstein’s 10,000-rental-unit development he would build with. On Monday, March 18, 2019, Bart Blatstein, owner of the hotel, said he is moving forward with plans to return casino gambling to the site for the first time since 2014. Blatstein, who two months ago sold 60 percent of his holdings at The Piazza and Liberties Walk, has focused his energy on bringing The. Bart Blatstein, CEO of Philadelphia-based Tower Investments Inc. More Showboat renovation details. Philadelphia developer Bart Blatstein stands at the groundbreaking ceremony for a $100 million year-round indoor water park on Wednesday, Jan. ET. 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. And Blatstein wants to bring families to Atlantic City with the $100 million, 120,000-square-foot Island Waterpark. The $100 million, 103,000. Blatstein had invited me on a tour of the building before the arrival of its new occupant: the Philadelphia Police Department. ATLANTIC CITY, N. “He was a solid guy and a hard worker,” says real estate developer Bart Blatstein. and for Scott to make his long awaited apology to Bart Blatstein. m. 4 million. The $50 million dollar renovation project will be completed just in time for the grand opening of the $100 million. Blatstein runs a privately held development company called. 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. NBC Universal, Inc. The proposal from Tower Investments CEO Bart Blatstein and Post Brothers’ CEO Michael Pestronk and President Matt Pestronk calls for 10,000 multifamily units for rent and 400,000 square feet of. The plan unveiled Monday is called Casa Mar, a water-intensive development inspired by the canals of Amsterdam. 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. 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. “His job in Northern Liberties is the closest thing to building a city within a city that anyone has accomplished. The project will include apartments at market-rate rents, said Blatstein. “Bart is driven by his need to create. 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. 21, 2022, in Atlantic City, N. Three members of the Zoning Board of Adjustment heard. Actually, Bart Blatstein, CEO of Tower Investments Inc. Bart Blatstein's highly anticipated Island Waterpark in Atlantic City has 11 slides standing as tall as 60 feet and going as fast as 30 miles per hour, a surf simulator, an adults-only retreat. Last month, Philadelphia developer Bart Blatstein and his wife Jill Blatstein paid $5. The Complaint further states: “[i]n his business dealings, Blatstein routinely and customarily holds himself out as Tower Investments and/or Tower, Investments, Inc. Founder & CEO: Tower Investments Inc. PRESENT. J. ATLANTIC CITY — This $100 million game changer for Atlantic City was ready for a closeup. 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. 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. Developer Bart Blatstein a risk taker. cut the ribbon for Lucky Snake at Showboat in Atlantic City, Friday, May 14, 2021. A giant Pac-Man video game sits inside the soon-to-open Lucky Snake arcade, Wednesday, April 21, 2021, at the former Showboat casino in Atlantic City, N. Actually, Bart Blatstein, CEO of Tower Investments Inc. Inside there's Lucky Snake Arcade and an indoor go-kart track that features mini-Italian race cars. 1 million in May 2018. Piers 38 and 40 will be part of a new development from Bart Blatstein. Philadelphia developer Bart Blatstein said Monday he’s moving forward with plans to bring a casino back to the Showboat, which he has been running for three years as a non-gambling hotel. Bart Blatstein is putting the "show" in Showboat. Bart was born sixty-eight years ago. But it was perfect for what Bart Blatstein is selling. Bader Field is owned by the city of Atlantic City but its future. Look no further. The property is owned by Philadelphia-based developer Bart Blatstein, who acquired the non-casino hotel from Stockton University in 2016 for $23 million. DEEM plan features 423 condo units encircling the track, and another 372 apartments and 34 townhomes along Albany Avenue, many for rent. The waterpark has been touted as a “game changer” for Atlantic City, and follows several failed attempts by. The memorandum of understanding comes after Philadelphia developers Bart Blatstein and Post Brothers proposed a $3 billion plan for Bader Field that would have included 10,000 housing units. The Senator Gormley proposal calls for an open-space theme. Bart Blatstein at his latest acquisition, Pier Shops at Caesars on the Atlantic City Boardwalk. Blatstein got a $22.