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New Track Project Proposed for AC, NJ

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Old 02-26-2022, 01:38 AM
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Yellow996
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Default New Track Project Proposed for AC, NJ

https://pressofatlanticcity.com/news...724966738.html

I'm sure NJMP will join environmentalists in objecting to this project due to its relative proximity to their facility. Plus, with a 10 year timeline for completion, most of us will be too effen old to drive it anyway!

Old 02-26-2022, 07:43 AM
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PGas32
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“This isn’t about a racetrack; we’re not holding races here,” said Atlantic City attorney Dan Gallagher, another of the partners in the development company. “The track is about 10% of what we’re proposing here. This is about sustainability, jobs, green energy. It checks all the boxes. It seems like everyone has had an idea for this property, but nothing like this.”

He’s either saying what he needs to say to get this approved and appease the lenders, or this isn’t going to be what all of us would expect and hope it to be
Old 02-26-2022, 08:19 AM
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mhm993
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Nothing good ever happens in AC. Developers blow smoke. Lawyers sue. Even completed projects ultimately fail.
This won’t happen either.
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Old 02-26-2022, 08:27 AM
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Sounds like a club style track arrangement. Lots of condos, and the comment about no races.

It'll be nice to have another track in the NYC area. 10 years is a ways off, we can hope.
Old 02-26-2022, 09:38 AM
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De Jeeper
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Looks nice on virtual pics. Its a shame ac is such a $hithole and as soon as all the criminals over there put their hands in the pot it will never be finacially possible.
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Old 02-26-2022, 12:22 PM
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Xanadu South?
Old 02-26-2022, 12:32 PM
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Track and clubhouse are lifted right off the Miami club.

Pretty pictures, but I don't know too many ANY tracks that can start off with more than $1B in initial land cost and make it...
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Old 02-26-2022, 12:43 PM
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mhm993
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Miriam Webster defines Xanadu as a hole in the ground where you dispose $billions.

edit: which makes Peter’s observation even more apt.

(for those of you out of NJ, Xanadu is a mall of America sort of project across from giants stadium where multiple developers tossed away literally billions of dollars over twenty years before finally opening….right before pandemic).

Last edited by mhm993; 02-26-2022 at 12:49 PM.
Old 02-26-2022, 12:59 PM
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Veloce Raptor
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Le dream du pipe...
Old 02-26-2022, 01:14 PM
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Originally Posted by mhm993
Miriam Webster defines Xanadu as a hole in the ground where you dispose $billions.
I define Xanadu as track 2 on “A Farewell To Kings”….
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Old 02-26-2022, 01:31 PM
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Originally Posted by dgrobs
I define Xanadu as track 2 on “A Farewell To Kings”….
Where's that damned "love" button?

Old 02-26-2022, 01:55 PM
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Originally Posted by ProCoach
Where's that damned "love" button?

https://youtu.be/5w3s2T0VBug
Oh yeah….
Old 02-26-2022, 04:49 PM
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Just what NJ needs - another track as flat as a pancake!
Old 02-26-2022, 04:52 PM
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Originally Posted by Estoril
Just what NJ needs - another track as flat as a pancake!
You talking about tracks or South Jersey women?
Old 02-26-2022, 05:31 PM
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Originally Posted by dgrobs
You talking about tracks or South Jersey women?
Lolol


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