ï»¿Hard Rock to Roll Dice on Trump Taj Mahal, Upping Renovation Budget to $500 Million
Hard Rock International does not like what it sees within the previous Trump Taj Mahal in Atlantic City, that the company purchased in March for $50 million.
Rough Rock Chairman Jim Allen, A trump that is former entertainment employee, is now tasked with renovating his previous boss’s grand vision in Atlantic City.
Billionaire Carl Icahn’s discount cost selloff implied the rough Rock was acquiring a Boardwalk home for cents on the dollar, as former casino developer turned US President Donald Trump built the resort for $1.2 billion in 1990.
But upon better examination, Hard Rock officials state it is planning to price a pretty penny to refresh the 2,010-room resort and gaming area, and rid it of an India-themed décor.
‘The amount of money we’re going to have to spend to remove all those minarets and all that purple, Jesus! Exactly What were we thinking?’ Hard Rock Chairman Jim Allen told the Associated Press this week.
The minarets Allen relates to are the spire and crowns that are onion-shaped ornaments discovered around the Trump Taj Mahal.
Hard Rock Ups Ante
Though the company owned by the Seminole Tribe in Florida got a premiere spot on the Atlantic City Boardwalk for a rock-bottom price, Hard Rock professionals state the initial budget of $350 million won’t be nearly enough to trnsform the area into a suitable rough Rock Hotel & Casino. Allen estimated that the project’s pri […]