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December 26, 2015

350-foot Polercoaster approved for Atlantic City boardwalk

Development plan would replace shuttered Sands Casino

Entertainment Development
Polercoaster US Thrill Rides/Contributed Art

An artist's rendition of the Polercoaster.

The plan for a roller coaster wrapped around an observation tower has been approved for the Atlantic City boardwalk.

The Casino Reinvestment Development Authority (CRDA) announced earlier this month that they had given the green light for a 52,000-square-foot Polercoaster redevelopment plan.

According to the Press of Atlantic City, the 350-foot tall ride would replace the land once occupied by the shuttered Sands Casino in the area bordered by the boardwalk, Dr. Martin Luther King Jr. Boulevard, and Mount Vernon and Kentucky avenues.

The attraction would include a bar and restaurant, a food court, retail shops and video games.

Florida developer Joshua Wallack, who is behind the project, said in August the plan is all about job creation in a town attempting to reinvent itself after several casinos have recently closed.

The project is partly being funded by Chinese investors. Wallack declined to comment to the Press on whether he would seek CRDA funding, and said negotiations with state and local officials about the project are in early stages.