Trump Plaza | |
---|---|
Location | Atlantic City, New Jersey |
Address | 2500 Boardwalk |
Opening date | May 15, 1984 |
Closing date | September 16, 2014 |
No. of rooms | 906 |
Total gaming space | 91,181 sq ft (8,471.0 m2) |
Notable restaurants | Max's Steakhouse, Rainforest Cafe |
Casino type | Land-based |
Owner | Trump Entertainment Resorts |
Operating license holder | Trump Plaza Associates |
Renovated in | 2006 |
Coordinates | 39°21′19″N 74°26′15″W / 39.35528°N 74.43750°WCoordinates: 39°21′19″N 74°26′15″W / 39.35528°N 74.43750°W |
Website | trumpplaza |
Trump Plaza is a closed hotel and casino on the Boardwalk in Atlantic City, New Jersey, owned by Trump Entertainment Resorts. Designed by architect Martin Stern, Jr., it operated from May 15, 1984 until September 16, 2014.
The Trump Organization began construction of the casino in June 1982.Harrah's, the gaming unit of Holiday Inns, joined as a partner a month later. Trump would oversee the construction, while Harrah's would operate the property, referred to as Harrah's Boardwalk, after opening.
The property opened as Harrah's at Trump Plaza on May 14, 1984. The complex contained 614 rooms, seven restaurants, a health club, a 750-seat showroom and a 60,000 sq.ft. casino, all on a narrow 2.6-acre plot of land next to Caesars Atlantic City. Five months after opening, the name was changed to simply Trump Plaza, to avoid confusion with Harrah's Marina. Part of the reason for this is that Harrah's was commonly associated with and attracted low-rolling gamblers, but Trump had built 85 high-roller suites, which were rarely used. The casino performed poorly, with pre-tax profits of just $144,000 in the first half of 1985. The poor results exacerbated disagreements between Trump and Harrah's, leading to Trump buying out Harrah's interest in the property for $70 million in May 1986.
In 1989, Trump paid $62 million to purchase the neighboring, unfinished Penthouse Boardwalk Hotel and Casino, including a hotel tower that had formerly been a Holiday Inn, and a nearby parking lot. Trump planned to expand the Plaza onto the Penthouse site. Trump also spent $63 million to purchase the bankrupt Atlantis Casino Hotel, separated from Trump Plaza by the Atlantic City Convention Hall, and rebranded it as the Trump Regency, a hotel annex to the Plaza.