An ambitious Florida real estate developer has a plan to remake Atlantic City into a family-friendly destination by investing $500 million of his own money.
Tom Corrigan and Craig Karmin report on a high-profile real estate bet by Glenn Straub: "Mr. Straub…recently acquired Revel, the glitzy, 47-story hotel and casino that cost $2.4 billion but went bust last year. He took control of the property for $95.4 million last week after a bankruptcy judge signed off on the sale."
The purchase of Revel is only one piece of Straub's larger vision for the revitalization of Atlantic City, according to the article. "Mr. Straub says Revel is just the beginning. His $500 million plan to turn blighted Atlantic City into a family-friendly destination includes a waterpark, Ferris Wheel, a man-made mountain for skiing and snowboarding and a soccer franchise."
The article goes on to provide more of the backstory, and current story, about Atlantic City's real estate market and planning and branding efforts.
FULL STORY: With Hotel Purchase, Investor Aims to Bring Back Atlantic City
Dire Economic Fallout Expected from Atlantic City Casino Closures
Casinos in Atlantic City are closing quickly, costing the local economy 5,700 jobs and leaving the city with four large, empty buildings of a variety that offers little or no precedent for reuse.
Downtown Expressway's Days Are Numbered in Detroit
Detroit will soon join the ranks of cities that have ripped out high-speed freeways from their urban core.
Atlantic City Showing All the Signs of Recovery
One of the East Coast's most conspicuous signs of the Great Recession is finally turning itself around.
The Top Urban Planning Books of 2021
Planetizen's annual list of the top urban planning books of the year is here—maintaining a tradition that dates back to 2002.
The Roadway Expansion Paradox
Motorists want expensive roadway expansions provided that somebody else foots the bill, but when required to pay directly through tolls, the need for more capacity often disappears. What should planners do?
Urban Exodus: Data Don't Support the Popular Pandemic Narrative
Americans fled cities in waves during the pandemic, right? Not to so fast.
L.A.'s New Housing Element Calls for 456,000 New Homes
The newly update Housing Element of the city of Los Angeles General Plan makes an ambitious commitment to housing construction—after decades of slow construction and a population out of scale with the city's housing stock.
Austin's Tallest Tower Rising Quickly
Sixth and Guadalupe, which will top out at 875 feet, will soon be crowned the tallest building in Austin, and the fifth-tallest building in Texas.
How Boosting Biking Could Improve London's Economy
A new study outlines the potential economic, environmental, and public health benefits of increasing cycling mode share in London, which has pledged to achieve net-zero emissions by 2030.
City of Manhattan - Community Development Department
Civic Solutions, Inc.
Town of Palm Beach
HUD's Office of Policy Development and Research
HUD's Office of Policy Development and Research
City of San Carlos
HUD's Office of Policy Development and Research
City of Royal Oak, Michigan
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Hand Drawing Master Plans
This course aims to provide an introduction into Urban Design Sketching focused on how to hand draw master plans using a mix of colored markers.
