Posted on 12/14/2014 4:50:16 AM PST by Red in Blue PA
PHILADELPHIA (Reuters) - A New Jersey college said on Saturday it has completed its $18 million purchase of the shuttered Showboat Atlantic City casino resort from Caesars Entertainment Corp , a deal that would usher in a new dormitory and a branch campus.
Officials from Richard Stockton College in nearby Galloway Township, said in a statement they plan to convert some of the 1.4 million square foot building into dormitory space.
(Excerpt) Read more at finance.yahoo.com ...
I think you’re probably right. It may become Camden on the coast.
Wish i had a oceanfront dorm back with casinos next door back in the day.
My parents sure woulda loved that!
Wish FR had a edit feature...
I graduated from Stockton in 78.
At the time it was very liberal and had the reputation as a party campus.
College is what you make it, I remained as conservative as when I set foot there.
Hurricane season will be interesting.
My, what a monument that is to ... tourist architecture?
What is the building under construction? Is it a building for ILLEGALS? :-)
I think Foxwood and Mohegan helped Connecticut, but really, only Vegas, Reno and some Indian tribes are thriving.
It’s a world class tourist trap/traffic-jam ...
http://www.ronjonsurfshop.com/location/detail.aspx?LocationId=7
I have a son there now. (I just saw this article on FR now.) The college already owns and runs another hotel; some students live there, and I've heard the hotel is where the hospitality students get hands-on experience in running a hotel. The college is expanding and considering university status now.
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