On Wednesday, Trump Plaza will come down and leave the city with a golden opportunity to redevelop one of its few remaining available beachfront lots.
The demolition of the former casino owned by billionaire Carl Icahn would open several acres of premium oceanfront property that could attract millions of dollars in investment, experts said.
Since its closing, the deteriorating property, formerly owned by former President Donald Trump, has become a symbol of the fall of the city and its gaming empire.
“Now that all the hoopla is done,” said Mayor Marty Small Sr. during his State of the City address on Thursday night, “we have to clean up eight stories worth of debris, but I’m not concerned about that. I’m concerned about the rebuild.”
Icahn has not announced what he plans to do with the property.
