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?