Shaq-Backed Project Planned For Atlantic City
Atlantic City plans to bring a $75 million development project, including a movie theater and supermarket, to a neighborhood near the Revel and Showboat casinos.
The project would be backed in part by former NBA star Shaquille O’Neal and a development company with which he has partnered, both sides said in a news release issued Thursday.
The City Council approved the plan Wednesday night involving Boraie Development for the south Inlet neighborhood. It will include a Shaq Cityplex movie theater, as well as homes, shops and offices.
O’Neal says when the project is done, “visitors will see what my team’s vision is for Atlantic City and our commitment to the urban center.”
A groundbreaking is planned for later this year.
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