Playground Pier is a luxury shopping mall located on a four-story pier adjacent to Caesars in Atlantic City, New Jersey. It is connected to the casino via a second-story skybridge, and is on the Atlantic City Boardwalk. The pier once included many upscale stores, such as Tourneau, Gucci, Louis Vuitton, Armani A/X.
An amusement pier named the Million Dollar Pier was constructed by the Perini Building Company of Framingham, MA that opened in 1906 as the original pier on the site. The pier was converted to a mall and renamed The Shops on Ocean One in 1983. The Ocean One Mall was acquired in 2002 by Gordon Group Holdings and underwent a major redevelopment; the pier reopened in 2006 and was renamed to The Pier Shops at Caesars. In 2007 Taubman Centers purchased the center. While the mall is built on land owned by Caesars Entertainment, the building itself is currently owned by mortgage lenders. Taubman Centers defaulted on its $135 million loan on the center in 2010, and it was taken over by its mortgage servicer, C-III Capital Partners. The lenders failed to successfully auction the mall and hired Cushman & Wakefield to manage the center. On June 26, 2015, the center was renamed to the current "Playground Pier".
Source: Wikipedia.org
Copyright: Creative Commons 3.0
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