FOR IMMEDIATE RELEASE
Contact: Kim Butler, Communications Director
email@example.com (609) 347-0500
CRDA BOARD APPROVES MEASURES TO ADVANCE DEVELOPMENT
AND INCREASE ACCESSIBILITY INTO ATLANTIC CITY
ATLANTIC CITY, NJ ( April 15, 2014) – At today’s April board meeting, the Casino Redevelopment Authority (CRDA) approved measures to further enhance investment and economic development in Atlantic City and its Tourism District.
The CRDA Board acted to support the Pacific Avenue Resurfacing Project by authorizing a contract to L. Ferriozzi Concrete Company of Atlantic City, NJ in an amount not to exceed $6.29 million for general construction services. The project will operate in two phases; from Hartford to Missouri Avenues, with a concentration from Missouri to Texas Avenues and from New Jersey to Indiana Avenues with a concentration on New Jersey to South Carolina Avenues.
The initial work to bring all pedestrian corners into ADA compliance and the installation of empty conduits for future fiber optics on both phases will be completed by August 28, 2014. Additionally, the installation of 29 new street lights between Georgia and Texas Avenues; and between Pacific Avenue and the Boardwalk on Florida, Belleview and Texas Avenues are included in this first phase of the project. Mill and pave work along Pacific Avenue will begin in mid-September and be completed no later than January 31, 2015.
Maser Consulting is the engineer and will conduct outreach to casinos, jitneys, taxis, ACMC and others impacted by the project.
With the successful launch of United Airlines service from Chicago and Houston to Atlantic City International Airport on April 1, the CRDA Board considered and approved a $5 million supplemental fund reservation to the Tourism Market Expansion Project. The CRDA will use the fund as a risk abatement incentive for airlines now considering service from ACY. The program will be activated as a competitive grant opportunity for air service providers.
“Enhanced air service brings more visitors to Atlantic City and helps attract more conventions and meetings to Atlantic City,” said CRDA Executive Director John Palmieri. “This can be a catalyst to achieving one of the threshold initiatives of the Tourism District.”
Atlantic City’s Public Marketplace project is another step closer to becoming a reality with the CRDA Board’s authorization for Executive Director Palmieri to execute an agreement for architectural and design to Sykes, O’Connor, Salerno and Hazaveh of Atlantic City.
Along the Boardwalk, more improvements for the Tropicana were approved by the CRDA Board. Tropicana received project approval and an $18.8 million fund reservation for upgrades and renovations to the Boardwalk side of the resort, development on Brighton Avenue, the addition of retail along Pacific Avenue and 434 hotel room renovations in the north tower. The Boardwalk upgrades and renovations include light bollards, large scale video monitors and building illumination to be choreographed as a light and sound show. Façade improvements include new finishes and banners, exterior painting on the north and south towers and new retail space on the Boardwalk. The Boardwalk work and Pacific Avenue work are scheduled to begin before the end of 2014 and be completed by December, 2015. In September, work will begin on construction of a new health club on Brighton Avenue, accessible to Tropicana guests and the general public and is expected to be completed in May 2015. Room renovations in the north tower will begin this fall and be completed by June 2015.
The Board also took action today to extend the fund reservation for the Newark Teachers’ Village Project through July 30, 2014. The $10 million fund currently has $500,000 remaining which is expected to be used toward the Workforce Housing B Component, which is the final Teachers’ Village component. The Workforce Housing B project consists of approximately 71,735 square feet of residential space, 7,688 square feet of interior ground floor retail and 81 residential units.
Other actions at the April CRDA Board meeting included several community based initiatives, including a CRDA sponsored Summer Concert Series, a capital grant award to A Work In Progress Foundation, repairs at the Mayor James L.Usry Childcare Center and a Citywide Mural and Public Art Project.
Board actions will take effect following the expiration of the Governor’s statutory review period.
About the Casino Reinvestment Development Authority (CRDA) www.njcrda.com
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 statewide, investing nearly $2 billion in more than 400 projects statewide. Under the 2011 Tourism District legislation, CRDA responsibilities have expanded to include Land Use Regulation, Clean and Safe initiatives, attracting and retaining conventions and meetings at the Atlantic City Convention Center and Boardwalk Hall and partnership with the Atlantic City Alliance to market and attract visitors to Atlantic City.