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AC Hilton reveals billion dollar makeover

19 April 2007

ATLANTIC CITY, New Jersey – As reported by the Press of Atlantic City: "For the tiny Atlantic City Hilton Casino Resort, it seems the best way to compete in the land of the giants is to get bigger — a lot bigger.

"After months of rumors, the Hilton finally revealed plans Wednesday to transform the smallest casino in town into a megaresort that could dominate the southern tip of the Boardwalk.

"The price tag is estimated between $1 billion and $1.2 billion, or about what it cost to build the Borgata Hotel Casino & Spa in 2003, officials said.

"Hilton plans to build a 1,000-room hotel tower and double the size of its gaming space from 60,000 to 120,000 square feet. New retail shops, restaurants and a 3,500-seat entertainment facility will complement the gaming operations. A 3,000-space parking garage also is planned.

"…No timetable was given for the expansion. Hilton is still in the planning stages, but has hired an architect to design the project…"

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