Environmental restrictions could frustrate the plans of Robert Pagano and Triple Five Worldwide to develop a casino in the Marina District. Marjorie Preston of Casino Connection blogs,
As so many mega-operators suspend their Atlantic City development plans, it’s good to hear about new projects. They may be years down the road or never come to fruition at all, but they remind us in a lackluster economy that growth will one day return, and the industry should be ready.
A Bergen County, New Jersey, realtor working with the owners of the Mall of America has asked Atlantic City to rezone a 17-acre property near the Borgata, with plans to build a hotel casino at the site.
Robert Pagano and a representative of Triple Five Worldwide made the appeal at a recent planning meeting, requesting that the land be rezoned resort-commercial. Pagano owns the 17-acre tract. A group called the Marina Towers Association owns a 13-acre site across the street. According to published reports, Marina Towers may be a subsidiary of Triple Five.
The Marina District is Atlantic City’s version of the Next Big Thing. It is home of the Borgata and the Water Club and Harrah’s Marina. It is the probable future home of an MGM Mirage casino complex. It is also the locale of the planned Margaritaville casino resort, a joint venture of Coastal Development and entertainer Jimmy Buffett where Trump Marina now stands.
But roadway access and the proximity of wetlands could be obstacles in the Pagano-Triple Five development. Also, the second, 13-acre property was not included in rezoning when Atlantic City’s new master plan was created.
The state environmental rules and authority should work proactively with Atlantic City’s Zoning and Planning Boards to facilitate this project. NJ’s myriad state and local government agencies and rules should be cut down and render our state and town a better place to start a business.