| Waterfront Tower in Atlantic City has now become the first of new casino hotel towers opening this year. The Waterfront Tower represents a USD 550 million expansion at Harrah's Marina. At 525 feet (44 storeys), with 960 rooms, it is Atlantic City's tallest building, and the second tallest structure in the state. It also increased Harrah's Marina's hotel room capacity by nearly 60 percent, to 2,590 guest rooms and suites.
R. Scott Barber, senior vice president and general manager of Harrah's Marina says their aggressive expansion of marina property has transformed Harrah's Resort Atlantic City from a traditional but less profitable day-trip property into a magnetic regional destination resort with luxury facilities.
Two other hotels—the Borgata's USD 400 million, 800-room Water Club tower and a USD 255 million, 786-room tower at the Trump Taj Mahal will open this summer. The new towers represent a dramatic step in Atlantic City's metamorphosis into an overnight destination with fine restaurants, superb shopping and fancy hotels in addition to gambling.
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