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The Polercoaster, a proposed vertical roller coaster to be built on the site of the old Sands casino, has received approval from the Casino Reinvestment Development Authority. Above, a rendering of the Orlando version, which will be 100 feet higher.

(Photo courtesy of Mango's Tropical Cafe)

The Polercoaster, a proposed vertical roller coaster to be built on the site of the old Sands casino, has received approval from the Casino Reinvestment Development Authority, The Press of Atlantic City reports.



The envisioned coaster will sit on one acre of land and tower 350 feet high. It will be located on Martin Luther King Jr. Boulevard and Mount Vernon and Kentucky Avenues.



Florida developer Joshua Wallack, who is building a similar amusement complex in the Sunshine State, has big plans for the Jersey site. He told the Press of A.C. that that there will be a definite nightlife venue planned to go with the coaster. "We're obviously going to have a bar there," he said.

The Florida version of the vertical coaster is about a hundred feet higher than the proposed Atlantic City Polercoaster (see the video below).

The Polercoaster is not the only proposed amusement coming to Atlantic City. A 200-foot observation wheel, hoping to attract roughly 50,000 riders a month, is being built at the Steel Pier. It's estimated that it will cost about $14 million with partial funding coming from the Casino Reinvestment Development Authority. Look for the wheel to open later this year.



There is no immediate timeframe for the Polercoaster, but Wallack told the Press of A.C. that time is of the essence. "Obviously we want to open it as quickly as possible," he said.

Let us know in the comments below whether you think the Polercoaster is a good idea and if you would ride it.

Anthony Venutolo may be reached at avenutolo@njadvancemedia.com. Follow him on Twitter @AnthonyVenutolo and Google+. Find NJ.com on Facebook.