Borgata Announces Details of Second Expansion Phase$525 million Will Be Spent When Work Is Completed in 2007 |
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Atlantic City's Borgata Hotel Casino and Spa is getting bigger.
The casino announced plans to build a $325 million hotel tower that will be called The Water Club at Borgata. It's scheduled to open in the fourth quarter of 2007.
The tower will contain 750 regular guest rooms, 20 one-bedroom suites, 15 two-bedroom suites, and three residences that will be modeled after New York City-style lofts.
Construction is set to begin this summer.
A two story, 36,000-square-foot spa, 18,000 square feet of meeting space, and six retail shops will also be included in the addition. The spa will have 15 treatment rooms, a 25-yard lap pool, and a fitness center. Also, two indoor and two outdoor heated pools - which will remain open year-round - will be added to the Borgata property during this expansion.
The tower is the second and last phase of a $525 million expansion project that began last year. The first phase, which is scheduled to be completed in the summer of next year, will expand the casino by more than 32,000 square feet. This will add 36 more table games, 500 slot machines, increase the poker room from 34 to 85 tables, and add three restaurants that were designed by celebrity chefs Wolfgang Puck, Michael Mina, and Bobby Flay.
A food mall called The Cafeteria will also open. It will include such chain restaurants as Tony Luke's Old Philly Style Sandwiches, Fatburger, Panda Express, Hibachi San, Villa Pizza, and Ben and Jerry's Ice Cream.
The Borgata opened in 2003 and quickly became one of the most popular casinos in Atlantic City. It has been the highest-grossing casino in Atlantic City for 41 out of the last 42 months. A joint venture between Boyd Gaming and MGM Mirage, it was the first new resort casino to open in Atlantic City in 13 years.
The $525 million that is being invested into the $1.1 billion property accounts for one-third of Atlantic City's planned capital improvements, which total $1.5 billion during the next three years.
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