Route 40 (https://rtforty.com/category/news/business/)
South Jersey business news for Atlantic City and its surrounding suburbs.
A new pizza-and-cocktail-bar project will get state funds to refurbish a storefront on the beach block of Tennessee Avenue, Mayor Frank Gilliam said in a press release. The restaurant, Rhythm & Spirits, will open this summer and sit between Hayday Coffee and MADE chocolate bar and it is the latest project by developer Mark Callazzo.
Atlantic City is supposed to be a bad place to start a business, but you might not know it if you were a start-up LLC looking to open an axe-throwing establishment next to a whiskey distillery in a residential neighborhood, a business idea I imagine would be met with skepticism in a lot of communities.
The axe-throwing entrepreneur, Bill Hanson, is the boyfriend of Leah Morgan, a painter, who has a studio in the Arts Garage, and is what brought Bill out of the Pine Barrens and down to Atlantic City in the first place.
Atlantic County officials expect to announce shortly the signing of a lease at the soon-to-open National Aviation Research & Technology Park in Egg Harbor Township.
Atlantic County isn’t known for its small businesses or entrepreneurs. But in between the casinos, small business owners are working together to create new services and products.
An Atlantic City beach block between St James Place and Tennessee Avenue should see a third development begin this summer from long-time city businessmen Abraham and Robert Schiff.
Atlantic City Council on Wednesday night voted in favor of allowing open containers in certain parts of the city’s Tourism District. The city by itself has no power to permit local bars and restaurants sell take-out drinks. But the council’s move was an important step to show the state that the city wants the law changed, officials in favor of the legislation said.
This time last year, everyone was abuzz with the next hot thing to save Atlantic City: a massive, vertical, Boardwalk-fronting amusement-park ride known as the PolerCoaster.
“Even above opening five places in two years, the fact that there’s even one successful vegan restaurant in South Jersey – that’s huge.” Read more from Greens & Grains founder and LAN Restaurant Group co-owner Nicole Jacoby Psounos.
Caesars Entertainment, which operates the Caesars, Bally’s and Harrah’s casinos in Atlantic City, is already expecting to lose customers when the Hard Rock Hotel & Casino opens next year.
Steak house Gallagher’s and its neighboring burger bar in Resorts could see a boost when Hard Rock Hotel & Casino opens because that property does not have enough restaurant space, according to the owner of Gallagher’s.
Denver-based developer Bruce Deifik took two more steps toward buying the former Revel casino last month. Deifik registered a new company as a “casino hotel resort” in New Jersey and, through that new company, agreed to a mortgage on the former Revel property with the investment bank JPMorgan Chase.
