Allows CRDA to finance certain highway projects outside of Atlantic City Tourism District.
The legislative ramifications of A2447 are notable, as it modifies the jurisdiction of the CRDA to include self-defined projects that could enhance traffic flow and accessibility to Atlantic City. Proponents argue that financing highway projects in these areas will bolster economic activity, stimulate tourism, and develop infrastructure critically needed for supporting visitor access. The shift in focus represents a blending of transportation and tourism strategies aimed at rejuvenating not only the casino sector but also broader economic potential around Atlantic City.
Assembly Bill A2447 expands the powers of the Casino Reinvestment Development Authority (CRDA) by permitting it to finance certain highway projects outside of the Atlantic City Tourism District. This includes the planning, acquisition, engineering, construction, reconstruction, or improvement of highways providing direct access to Atlantic City within a defined 15-mile radius. The bill represented a shift in how the authority can deploy its resources, allowing for a broader contribution to infrastructure related to tourism and public access to the city.
Despite its potential benefits, the bill has faced scrutiny regarding its focus on highway projects at the expense of other urban development needs. Critics express concern that expanding the CRDA's reach into highway financing may divert funds from community development initiatives that offer immediate social benefits, such as housing and public safety improvements. The requirement for a public hearing before establishing any open container areas as part of the bill also raises questions about community needs versus the push for economic growth through tourism-related initiatives.