Will College Construction Project Boost Interest in Vacant Atlantic City Casino?

One of several Atlantic City casinos that sits vacant along the beachfront boardwalk, the Atlantic Club may draw more interest from buyers, one expert tells the Press of Atlantic City, thanks to the massive construction project Stockton University has planned.

The Atlantic Club and the recently rebranded Revel Casino, now called Ten, sit empty at opposite ends of the boardwalk.

Owned by Florida-based TJM Properties, the Atlantic Club is located a short distance from Stockton's nearly $180 million "island campus" that will sit on the southern end of the Shore resort town.

Many in the battered city welcomed Stockton's plan – referred to as the Gateway project, which will provide housing for roughly 500 students, a parking garage and classrooms for nearly 1,800. 

With construction underway, attention has now shifted to the nearby Atlantic Club with a Drexel University hospitality and gaming professor, Bob Ambrose, telling the Press of A.C. this could be what the vacant casino needed to draw buyers.

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