No contract has yet been signed for the project.īinder said his company has sufficient financing lined up, and has already spent $15 million planning it.īader Field, which closed in September 2006 after 96 years of aviation use, gave the world the term “airport” when a local reporter used the word in a 1919 article. New Jersey’s Department of Community Affairs has the final say on whether the site is sold and what will be built there under a state takeover law enacted in 2016. “The latest trend in motor sports is the country club environment, where people bring their exotic cars, they stay there and become part of a motor sports community.”Ītlantic City Mayor Marty Small endorsed the project as “the most credible proposal that this city has seen for Bader Field. “There is literally nothing like this anywhere in the world,” said Michael Binder, one of the company’s principal members. It would consist of a 2.44-mile (4-kilometer) auto course on which car lovers can drive their high-end automobiles about 2,000 units of housing in various price ranges a retail promenade, and other auto-themed attractions. aviation facility to be called an “airport.”ĭEEM Enterprises, a company based in both Los Angeles and Atlantic City, wants to build the project near the oceanfront and the city’s casino-laden skyline.
The airplane made Atlantic City’s Bader Field famous, but it could be the automobile that resurrects it.Ī $2.7 billion recreational, residential and retail project aimed at car lovers is being proposed for the historic but vacant former site of the first U.S.
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