The Philadelphia Inquirer reported Friday (January 26) that the Tropicana Casino is negotiating with developers to build the city’s first boutique hotel on a two-acre site next to the casino on the Boardwalk.
The site is a parking lot between California and Belmont Avenues, just northeast of the Tropicana and separated from the casino by a condominium tower.
The paper reports that Tropicana President and CEO, Fred A. Buro, said this week that the boutique hotel would be connected to the casino by an enclosed connector bridge.
"We have several developers bidding on it," Buro said in an interview. "A developer will buy the site and select an operator." Buro said Tropicana would build the connector bridge to the casino and its mega-entertainment, retail and dining complex… [T]he Quarter.
The proposed hotel could have as many as 500 rooms, which would make Tropicana the Atlantic City hotel with the largest room count. Buro also told the paper that
[I]n addition to the two-acre parcel, there is also the potential to develop a site on the other side of the Tropicana, which is currently a Holiday Inn, into another hotel that would also be linked by connector bridge to the casino. He said Tropicana was also exploring adding a tower to the casino. Combined, the three projects could add 1,500 to 2,000 hotel rooms to Tropicana's inventory. He added that the Tropicana would not own the rooms in the two non-casino hotels, but would partner with the developers and negotiate for a block of rooms.
No talks about developing the hotel can begin until Columbia Sussex Corp, the new parent company of the Tropicana, completes its acquisition of Aztar Corp., which owns the Tropicana casinos in Atlantic City and Las Vegas. The sale was completed two weeks ago.

