Contact: David Zuba, Publicist, Media Relations/Communications
ATLANTIC CITY, NJ – (Tuesday, November 17, 2015) – The Board of the New Jersey Casino Reinvestment Development Authority (CRDA) at its meeting on Tuesday approved three projects that will continue to advance the goals of the Authority: ensuring clean and safe streets, and providing non-gaming, family-friendly activities throughout the Atlantic City Tourism District.
First, the Board approved a fund reservation in the amount of $20,000 towards the 2015 Atlantic City Winter Wonderland holiday event on December 12, which is being undertaken in partnership with the City of Atlantic City and Bass Pro Shops. The approved funds will provide for games and rides, as well as activities such as sand art, holiday crafts, cookie decorating and books supplied by the Atlantic City Free Public Library.
“We are pleased to partner with the City and Bass Pro to support this tremendous holiday event that brings so much joy to neighborhood children and their families year after year,” said CRDA Executive Director John Palmieri.
In other news, the Board approved an amendment to the Borgata Nightclub Expansion Project agreement providing an additional five months to complete construction of the project. Borgata now has until May 1, 2016 to complete the remaining work. The outdoor entertainment portion of the project, dubbed “Festival Park”, officially opened on June 13.
“This extension allows the Borgata and its contractor’s additional time to fabricate the needed materials to complete this project, which will ultimately become a first-class nightclub venue that we can all be proud of,” said Palmieri.
Lastly, the Board reviewed and approved the City of Atlantic City’s redevelopment plan for Brighton Park, bounded by the Boardwalk, South Indiana Avenue and Park Place. This plan will seek to activate the park for a variety of events and provide for its on-going maintenance through a lease agreement with the Claridge Hotel.
“Brighton Park is a highly-visible public space and this plan will allow the park to be utilized for further recreational and leisure activities for our residents and visitors,” added Palmieri.
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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