By Pat Loeb
ATLANTIC CITY, N.J. (CBS) — Developer Bart Blatstein’s plans to redevelop the shopping mall at Caesars Casino, in Atlantic City, are back on track.READ MORE: Sharon Hill Police Officers Charged With Manslaughter In Fatal Shooting Of 8-Year-Old Fanta Bility
One month after cancelling a planned news conference to announce his plans for the Pier Shops, Blatstein has rescheduled the event for this coming Wednesday.
Blatstein took over the lease on the shops when the previous landlord went into foreclosure, but Caesars — which still owns the land the mall sits on — went to court to stop the deal, saying it was still owed back taxes and rent from previous tenants.READ MORE: Philadelphia International Airport To Continue To Work With Major Air Carriers, Industry Partners On 5G Preparations
Now, a spokesman for Blatstein’s company says out-of-court negotiations with Caesars have been successful and the developer plans to unveil the same plans he has had for the troubled property all along — plans the spokesman calls “blockbuster.”
Caesars refused to comment.
MORE NEWS: Possible 3rd Death Connected To Hepatitis A Outbreak At Montgomery County Restaurant Being Investigated