Posted at 12:59 p.m., Monday, September 24, 2007
Boyd's Borgata expansion may be delayed by fire
Associated Press
Early next year, the Borgata Hotel Casino & Spa was expected to open its new 800-room tower called The Water Club — a $400 million addition designed to help it keep pace with a flurry of high-end expansion in Atlantic City's casino market.But a fire early Sunday that damaged the second tower, which was still under construction, may impact that timetable.
The Borgata held a "topping off" ceremony for The Water Club in July, hailing it as part of the next generation of luxury hotels in Atlantic City. It will not have casino space, but is designed to add more badly needed hotel rooms to the market.
It is due to include five tiers of rooms, 18,000 square feet of meeting space, five indoor and outdoor pools, six retail shops, and a two-story "spa in the sky."
When it is finished, it will bring the total investment in Atlantic City by Borgata's owners, Boyd Gaming Corp. and MGM Mirage Inc. to $1.7 billion.
