MGM to Renovate, Rename Water Club Hotel in Atlantic City

The spa at the nongaming property next to the Borgata will be replaced by a 9,000-square-foot event space — with an expected Memorial Day completion date.

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The owners of Atlantic City's top-performing casino are renovating and renaming its stand-alone nongaming hotel.

MGM Resorts International said Tuesday it is spending $55 million to renovate and rename the Water Club Hotel next to the Borgata casino hotel. It will be renamed the MGM Tower. The first redone rooms will be available in April, and the project should conclude by Memorial Day weekend.

"We are incredibly proud of Borgata and its industry-leading team of employees, and we believe this significant reinvestment will drive visitation to Atlantic City well into the future," Corey Sanders, MGM's COO said in a statement.

The redesigned hotel will feature more than 700 renovated guest rooms and will add luxury suites at the tower's corners with wraparound views of the Atlantic City skyline. The project is being done as part of the Borgata's 20th anniversary this year.

The 43-story Water Club opened in 2008 as a $400 million complement to the adjacent Borgata casino and hotel. The club featured five swimming pools, a spa-in-the-sky and an $18,000-a-week floral budget.

The property was planned shortly after the Borgata opened in 2003, when it quickly became obvious that the casino hotel could use additional rooms.

The spa is being replaced with a 9,000-square-foot event space on the 32nd floor.