As reported by GlobeSt.com, RevelEntertainment, headed by long-time casino exec Kevin DeSanctis,first unveiled very general plans for the site in April. The twopermit applications just filed flesh out those plans a bit more,spelling out a proposal for two hotel towers with 1,900 rooms each.Also part of the plan is a total of 150,000 sf of casino space andupwards of 500,000 sf of retail, dining and entertainmentspace.

"The submission of our Cafra and city planning applications areimportant milestones, because with their approval we will haveestablished the appropriate regulatory framework to obtain thebuilding permits necessary to start construction," says DeSanctis,who founded the locally based Revel in 2006. "We look forward tocontinuing our work with local and state authorities and gamingregulators to develop a distinctive beachfront casino entertainmentresort.

"It will help define the future of Atlantic City, while creatingjobs, tax revenues and other sustainable economic benefits for theregion," he says. The site itself is at the northern end of thiscity's oceanfront, and features more than 1,000 feet of beachfrontage. As reported by GlobeSt.com, MorganStanley subsidiary Ventura AC owns the property, and Morgan Stanleyis provided substantial financial backing for the yet-to-be-namedproject.

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