Tax credits approved for Stockton Atlantic City campus

Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

TRENTON, N.J. (AP) — New Jersey's Economic Development Authority has approved nearly $70 million in tax credits that would support Stockton University to develop an Atlantic City campus.

Plans call for a public-private partnership that would include a new corporate headquarters for South Jersey Gas. A residence hall would provide housing for 500 students.

The school's attempt to establish a facility at the former Showboat casino, which it bought from Caesars Entertainment in December 2014, fell apart by conflicting legal restrictions on how the property can be used.

The university sold it to Revel casino owner Glenn Straub, but that deal fell through.

Stockton now plans to sell the Showboat to Philadelphia developer Bart Blatstein on Jan. 15. He has not revealed his plans for the property.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press


    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the Trending 5.
    By subscribing, you acknowledge and agree to's Terms of Use and Privacy Policy.

    KSL Weather Forecast