- Ocean City, NJ, is governed by its city council, and ICONA has purchased land there for development.
ICONA seeks to revive Wonderland Pier site in Ocean City with hotel proposal
What happened
The former Wonderland Pier site at 600 Boardwalk in Ocean City is in need of rehabilitation. ICONA is currently in negotiations with Ocean City regarding a hotel proposal for the site. This plan is a scaled-down version of the initial concept, which involved a 7-story building and 252 rooms, and includes plans to save the Ferris wheel and historic carousel.
From inquirer.com
Why it matters
The City Council is tasked with guiding its decisions based on recommendations from a dedicated Boardwalk subcommittee. Furthermore, the Council has hired a lawyer to defend against lawsuits filed by citizen groups regarding the development.
Ocean City, NJ, is governed by its city council, and ICONA has purchased land there for development.
From inquirer.com
Who's involved
- Ocean CityThe city where the development is proposed and the site is located.
- ICONAThe organization seeking to revive the pier site through a hotel development.
- city councilThe legislative body responsible for reviewing and approving the development proposal.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Jersey ShoreSpeculative
Regional tourism demand might increase due to major new infrastructure investment in Ocean City.
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The entities involved
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Ocean City
city in New Jersey, United States
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ICONA
organization
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