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Polercoaster coming to Atlantic City?


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http://www.bizjournals.com/philadelphia/news/2015/05/27/florida-developer-wallack-coaster-atlantic-city-nj.html?ana=e_phil_bn_breakingnews&u=jQaEyayZXYTSsqxVyk+dZJvKIrX&t=1432748015

 

Time will tell. Being familiar with the city, the location is pretty much right where the expressway ends, and the view coming in would be amazing.

Edited by larrygator
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http://www.bizjournals.com/philadelphia/news/2015/12/18/poler-coaster-boardwalk-atlantic-city-shore-casino.html

 

Atlantic City's first and only polercoaster has been approved by the Casino Reinvestment Development Authority.

Joshua Wallack of Wallack Holdings in August signed the lease for a one-acre pad of land on the 18-acre site of the former Sands Atlantic City casino-hotel. Wallack has plans of building a 350-foot polercoaster and drop tower hybrid attraction in Atlantic City — a first for the troubled Shore town.

 

"This is a one-of-a-kind attraction that will bring another exciting non-gaming amenity to Atlantic City for our visitors and residents to enjoy,” CRDA Executive Director John Palmieri said in a statement.

Additions planned for the attraction include a mojito bar based on Wallack's Mango's Tropical Café in Florida, and live musical elements and a number of nightlife attractions not seen in the video rendering.

 

Wallack said earlier the plan is to break ground early next year, but maintained the polercoaster project is contingent on New Jersey economic incentives like tax rebates.

 

Wallack is using the EB-5 financing program as a means to partially fund the polercoaster attraction.

The Florida developer's Hollywood Plaza parking garage on International Drive in Orlando also got the approval from Orange County's Development Review Committee on Wednesday.

 

Wallack on Thursday opened a $40 million Mango's Tropical Café in Orlando.

 

 

What caught my eye is the stand alone steel structure with the coaster wrapped around it and how that has to significantly reduce the price right? Well I know this isn't a rumor site but a good friend told me that his company will be involved on a huge project here on the Westcoast, and that involves one of these Polercoasters. He said that the project will take about two years to complete, it should be announced or break ground in late 2018 with an opening of 2020/21. He says it will be a new California Icon and the second largest of it's kind.

 

Only thing he would say on location is the it's well known, the project will be right at home with it's neighbors and that there will be big celebration to coincide with the year and unveiling of this new icon.

 

So after rambling my brain I came up location may be SFMM "fitting in with it's neighbors", "New CA Icon" could be replacing or incorporating SFMM SkyTower , "Second tallest" well if Atlantic City is 350 and Florida is 700 I'd guess between 4 and 500 feet we'd be looking at, and "Celebration that coincides with the year/unveiling" I came up with SFMM is turning 50 years old in 2020/21. I'm thinking 50 year anniversary celebration with and unveiling of a New 500 foot Polercoaster as the parks new Icon!!!

 

Maybe I'm just adding up the most obvious and this thing has nothing to do with SFMM or an amusement park at all lol and ends up in Downtown LA lol I know it's a longs ways away and at this point just a wild rumor on my part but I just got excited thinking about the possibility He won't tell me anything else and says if I ask him anything else about it we won't be friends lol So What do you guys think??? could there be an ounce of possibility of this happening?

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Edited by robbalvey
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An important fact to point out is that Joshua Wallack (of recent Mango's Tropical Cafe fame) is behind the project.

 

Also, the whole project will be predicated upon economic incentives (i.e.: tax breaks) from the state.

Edited by larrygator
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Saw this over the last few days on facebook. Hopefully it will help the dying Atlantic City. It will be located at Pacific Ave and S Indiana Ave, so right near all the main spots on the boardwalk. I think it will be perfect for the city, especially with its location.

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I mean, yay for new projects and all, but Atlantic City is pretty far beyond help. As soon as Pennsylvania, Maryland, and New York got legal casinos, Atlantic City became an afterthought. Why would any residents of those places want to make the trip? The town is a toilet, the casinos are old and run-down (for the most part), and many of them shut down this past year.

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I mean, yay for new projects and all, but Atlantic City is pretty far beyond help. As soon as Pennsylvania, Maryland, and New York got legal casinos, Atlantic City became an afterthought. Why would any residents of those places want to make the trip? The town is a toilet, the casinos are old and run-down (for the most part), and many of them shut down this past year.

 

I was just there last spring visiting a college near by and it was quite crowded. And as for the other states getting casinos, Sands in Bethlehem PA has been doing amazing.

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I like these. And think it's a good way to make a longer, higher ride to a coaster without taking up too much land.

 

However it doesn't seem like this one is going to be doing anything at the top of the tower, like an observation deck/restaurant or anything, as if I recall the others are incorporating into theirs.

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Respectfully, I'm still not sure what the point of these things are. With a traditional park development you can change and evolve as the years go on but when the big coaster is effectively your only attraction I feel like the buzz is going to die down sooner rather than later. Sure, the nightclub will help, but I don't think that it's going to be enough for the development to remain popular with anyone other than locals with too much money and the occasional tourists ten years down the road.

 

As always, willing to be proven wrong...

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I mean, yay for new projects and all, but Atlantic City is pretty far beyond help. As soon as Pennsylvania, Maryland, and New York got legal casinos, Atlantic City became an afterthought. Why would any residents of those places want to make the trip? The town is a toilet, the casinos are old and run-down (for the most part), and many of them shut down this past year.

 

I don't wish the residents ill because of terrible choices their elected officials made, but this is a real problem. It isn't like they're a classic Rust Belt city like Detroit/Cleveland/Cinci/Buffalo/etc. where people "left" but chiefly departed to the suburbs surrounding the city. They're a resort town that has no other industry which has been developed other than gambling in the last 40 years. Entertainment in the city was and is still dependent on casino money. Revel being turned into a giant indoor water park facility sounds interesting, I guess, but I don't know how much I believe in the viability of any of this while their crime rate is still something like 8-9 times that of New Jersey's average.

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Respectfully, I'm still not sure what the point of these things are. With a traditional park development you can change and evolve as the years go on but when the big coaster is effectively your only attraction I feel like the buzz is going to die down sooner rather than later. Sure, the nightclub will help, but I don't think that it's going to be enough for the development to remain popular with anyone other than locals with too much money and the occasional tourists ten years down the road.

 

As always, willing to be proven wrong...

 

As an anchor/drawing card for other stuff, I can see the potential. The question then becomes: So what's the other stuff? I can't for the life of me see the Polercoaster ever be self sufficient on its own. There's a reason why nobody anywhere, even the Mouse, builds $350 million dollar rides.

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Respectfully, I'm still not sure what the point of these things are. With a traditional park development you can change and evolve as the years go on but when the big coaster is effectively your only attraction I feel like the buzz is going to die down sooner rather than later. Sure, the nightclub will help, but I don't think that it's going to be enough for the development to remain popular with anyone other than locals with too much money and the occasional tourists ten years down the road.

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I mean, yay for new projects and all, but Atlantic City is pretty far beyond help. As soon as Pennsylvania, Maryland, and New York got legal casinos, Atlantic City became an afterthought. Why would any residents of those places want to make the trip? The town is a toilet, the casinos are old and run-down (for the most part), and many of them shut down this past year.

 

Agreed 100%. The Borgata is the only place we will ever go and stay at in A.C. and its because its significantly nicer, cleaner, etc than any other hotel we've stepped foot in in A.C. And while we do like to gamble, the only time I go to A.C. is for shows (preferably at the Borgata).

 

Also its hard to get excited about this when a really rad looking, brand new, first of its kind, S&S launcher is actually being built right at this moment just down the road.

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-photo-

Totally fair comparison, and now I'm curious. I wonder - what kind of ridership does the Big Manhattan Roller Coaster Apple Express get that isn't already staying at the resort? Is it a popular local attraction?

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If it wasn't such an awful coaster, I would try to ride it whenever I took a trip to Vegas.

 

The intent here seems to simply be to add to Atlantic City's attraction lineup. That's never a bad thing. They can put this right in the forefront of things to do in Atlantic City and why people should come. It'll be a headline attraction of the area. Not everybody's going to ride it, of course, but it will also draw tourists who just want to see it. It's going to be crazy. Hope it gets built!

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-photo-

Totally fair comparison, and now I'm curious. I wonder - what kind of ridership does the Big Manhattan Roller Coaster Apple Express get that isn't already staying at the resort? Is it a popular local attraction?

 

It probably gets a bunch of people. I think the key for me is that it is intertwined/attached to a hotel-casino which it intends to draw some visitors into and I haven't read that Polercoaster is specifically intended to be part of any development effort in Atlantic City aside from its own. In Orlando it is part of a whole district that will be constructed to improve the area.

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