Steel Pier’s Observation Wheel Becoming Closer to Reality
Steel Pier President Visits Italy for First Inspection April 3, 2015 (VENICE, Italy) –
Steel Pier’s Anthony Catanoso traveled to Italy this week to conduct the first of three inspections of New Jersey’s first Observation Wheel, which is scheduled to open later this year. Traveling with Mr. Catanoso is Steel Pier Operations Manager, James Catanoso. The pair traveled to Technical Park’s facility in Melara, Italy, outside of Venice, where six factories are contributing elements that will comprise the final wheel. The 200-foot Observation Wheel, one of the tallest in the country, will be erected adjacent to Steel Pier. “This is literally one the first legs of the new foundation for Atlantic City,” says Anthony Catanoso. “This Observation Wheel is truly a metaphor for how far we can go when it comes to building non-gaming venues in Atlantic City. The wheel, along with the Pier’s extensive renovation, are just some of the many exciting revitalization efforts going on right now at Atlantic City—including Stockton’s innovative idea for the former Showboat.” The wheel is estimated to draw 50,000 riders a month to enjoy the sweeping views of the Atlantic Ocean and Atlantic City skyline from climate-controlled gondolas. Catanoso says it’s imperative to conduct inspections firsthand and they have been extremely impressed with the workmanship. James Catanoso agrees: “From an operational perspective, it’s a unique opportunity to see a major ride such as this from a manufacturing level. We see the incredible attention to detail on each part and how all the involved factories are working closely together to create this magnificent structure. We can’t wait for visitors to Atlantic City to glimpse what we are seeing here.” The wh eel is being built with cooperation and assistance from the Casino Reinvestment Development Authority (CRDA), as well as the City of Atlantic City, and will cost $14 million.