Developer Signs Land Lease for Atlantic City ‘Polercoaster’.

Atlantic City is another step closer to having a so-called polercoaster on the Boardwalk.

Joshua Wallack: a Florida developer, signed a lease for a pad of land on the site of the former Sands Atlantic City casino-hotel. The land is currently owned by Pinnacle Atlantic City.

The lease is a “long-term land lease for many decades,” Wallack said. “There’s an expansion capability if we’re really successful on the same site, unless they either sell or lease the adjacent land.”

Read More in the Philadelphia Business Journal