TJM Atlantic City, a subsidiary of Clearwater, Fla.-based TJM Properties, announced Tuesday that it has completed a deal with Caesars Entertainment to purchase the Claridge Hotel in Atlantic City and reopen it this May.
The sale price was not disclosed.
Located at the Boardwalk and Park Place, the 84-year old hotel will be renovated to fit a 1920's-era décor, which has come into newfound popularity recently with the success of HBO's period drama Boardwalk Empire.
Nucky Johnson, the Atlantic City political boss whose life the show is loosely based upon was at one time a guest at the hotel.
TJM's plans call for new themed restaurants, a lobby bar and other entertainment offerings.
"We are excited about this new opportunity for us in Atlantic City," TJM spokesperson Sherry Amos said. "The distinct beauty and rich history of The Claridge Hotel, combined with our new plans for revitalization, will surely provide guests with a new popular destination to visit. Our dedication to customer service will set a new standard with attention to detail being paramount."
Though the renovated Claridge will not feature casino gaming, guests will be able to access neighboring Bally's through a second-floor entrance.
Plans for an official grand opening have been scheduled for May.
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