- Trump Plaza is set to be demolished by implosion in spring 2018
- Shuttered since 2014, it was the fourth Atlantic City casino to close its doors within a year
Landmark Atlantic City property Trump Plaza, once owned by President Donald Trump, has been scheduled for demolition within the next six months.
Play NJ reports that the The Mayor of Atlantic City, Don Guardian, has officially confirmed that engineering experts will carry out an implosion at the casino in spring 2018, although no company has yet filed a permit to carry out the demolition.
Trump Plaza first opened in 1986 and was once symbolic of Atlantic City’s opulence and its subsequent decline. The resort closed in 2014, becoming the fourth casino in the city to close within the space of a year, and it was followed two years later by the Trump Taj Mahal.
It is currently owned by billionaire Carl Icahn, also a former owner of the Taj Mahal, who has not made a public comment on the demolition.
Over the last fortnight, the site has been going through a liquidation process under which fixtures and fittings have been sold off. The building will also be subject to a remediation process because of asbestos before it can be demolished, though the hotel’s tower and its parking garage will not be part of the implosion.
Trump Plaza is located in a prime position in the city landscape and it is believed that this is the main reason why city planners are keen to remove the decaying building.
Located at midpoint of the Boardwalk, Trump Plaza is across the street from the Steel Pier, and near to the historic Boardwalk Hall.
It is also easily accessible from the Atlantic City Expressway and the freeway, and could represent an attractive proposition for investors.
Atlantic City has been benefiting from some upturn in revenue in recent months and the demolition may signal that city planners are confident of new investment.
The history of demolitions in the city does not bode well, however. The last casino to be knocked down was the Sands in 2007.
That demolition was said to be necessary to allow the building of a $2 billion resort, but that project never got underway.
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