Contact: David Zuba, Publicist, Media Relations/Communications
ATLANTIC CITY, NJ – (Tuesday, June 16, 2015) – The Board of the Casino Reinvestment Development Authority (CRDA) approved, among several measures at its recent meeting, funding for 13 entertainment grants in 2015.
The CRDA awarded a combined $313,343.75 for a variety of special events, including the Atlantic City Airshow, Seafood Festival and Atlantic City Triathlon, that will take place in the city throughout the year. The awards were made on a competitive basis with funds from the Community Development Entertainment Event Grant Program.
“The State’s strategic goal is to encourage and expand the non-gaming attractions in Atlantic City,” said CRDA Executive Director John Palmieri. “These proven events, along with the inclusion of some new ones, will continue to drive increased tourism.”
The 13 events that received grant funding are: Atlantic City Salutes America’s Armed Forces Parade ($17,000), Atlantic City Airshow ($50,000), Atlantic City Marathon ($50,000), Atlantic City Seafood Festival ($50,000), 5th Annual Atlantic City Triathlon ($25,000), 5th Annual Historical Kentucky Avenue Festival ($10,000), Atlantic City Ballet on the Boardwalk ($25,000), Atlantic City Ballet Presents Monday Matinees ($25,000), Bangladesh Mela ($8,250), India Day Mela Parade ($10,000), Jazz on the Beach Concert Series ($10,843.75), My Motorcycle Life ($25,000), and Ripley’s Summer Entertainment Series ($7,250).
The Board also approved an additional $125,000 to complete the demolition of dilapidated structures along the Black Horse Pike as part of the Route 40 Corridor Redevelopment Project. The CRDA previously funded this demolition through a grant agreement with the Township of Egg Harbor.
“This stretch of roadway is one of three main corridors that our visitors and residents use to enter Atlantic City,” said Palmieri. “It is very important that we do what we can to ensure this corridor is clean, safe and visually appealing.”
Also, the CRDA approved the City of Atlantic City Planning Board’s plan to repurpose the former Atlantic Club and its surrounding properties at Sovereign Avenue, Pacific Avenue and the Boardwalk for family-friendly resort amenities with recreation and entertainment attractions, such as restaurants and hotel rooms.
Board actions will take effect following the expiration of the Governor’s statutory review period.
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The only agency of its kind nationwide, the CRDA has used Atlantic City casino reinvestments as a catalyst for meaningful, positive improvement in the lives of New Jersey residents, investing nearly $2 billion in more than 400 projects statewide since 1984. Under the 2011 Tourism District Act, CRDA’s mission evolved from statewide projects to becoming the state’s key economic development agency for Atlantic City. CRDA responsibilities expanded to include land use regulation, clean and safe initiatives, tourism marketing, ownership and oversight of the Atlantic City Convention Center and Boardwalk Hall, and partnership with the Atlantic City Alliance to brand and market Atlantic City. The former ACCVA, now a division of CRDA, is the first destination marketing organization in New Jersey to achieve prestigious Destination Marketing Accreditation by the Destination Marketing Association International.
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