A former CEO of Reebok International is been in talks with New Jersey lawmakers and politicians over bringing a $4.6 billion casino to Jersey City.
The casino-hotel property would rise 95 stories above New York Harbor and be located along the waterfront adjacent to the Liberty National Golf Course. There would also be a 107,500-seat stadium for motor sports, apartments and a big Ferris wheel.
Paul Fireman, a venture capitalist who runs Fireman Capital Partners in Boston, has been spearheading the proposal, according to the Newark Star-Ledger. He developed the Liberty National Golf Course in 2006.
Among the project’s obstacles is the requirement that state voters approve the amending of the New Jersey constitution to allow for a casino in a municipality that is not Atlantic City, the Star-Ledger reported.