Hard Rock International Inc. plans to develop a $1 billion casino hotel in Atlantic City, the 13th in the resort town, according to developers familiar with the deal reported The Philadelphia Inquirer.
The Orlando, Fla., company is buying a 20-acre parcel in the city’s South Inlet section next to the Showboat casino for $74 million, and it intends to develop a gambling hall with slot machines and table games, the developers said.
The casino would also be next to Bella Condominiums, a luxury condo high-rise at 526 Pacific Ave., and would be bordered by Metropolitan Avenue, the Boardwalk and the Showboat.
Besides a casino hotel, it would include luxury stores, restaurants and other attractions. They say the earliest it could open would be 2009.
