March 26, 2010

Hard Rock Considers Boutique Style Atlantic City Casino

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With New Jersey saying it will downsize the requirements from 60,000 square feet for a casino to 20,000 feet and also the number of hotel rooms a casiono needs to have, Hard Rock International said it's considering building a casino hotel in Atlantic City with Och- Ziff Real Estate after a New Jersey lawmaker proposed allowing smaller developments at the seaside resort.

The first phase of the Hard Rock Hotel & Casino would cost about $300 million, excluding land, and be located at the beachfront at the intersection of Albany Avenue and the Boardwalk, the company said today in a statement.

Via BusinessWeek

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Posted by Jay Brewer at March 26, 2010 7:53 AM
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