When matters related to giving back to the society are concerned, Shaquille O’Neal is a perfect example of a person who has achieved exactly that. As of August 2014, he was involved in a youth basketball tournament in conjunction with the Mayor’s office. The towering superstar who retired in 2011 after 19 years of playing professional basketball was set to spearhead the 3-on-3 tournament that was to be held on Broad Street. The unique event was set to feature separate tournaments for both girls and boys, and registration and preliminaries were set to be held one weekend prior to the main event day, as reported on NJ.com.
Shaquille has been very instrumental in projects that involve his home city though he left in his youthful days for Texas to play professional basketball. In the year 2012, he was very instrumental in helping open the Cityplex movie theatre on the city’s central Ward on Springfield Avenue. On that project worth $7 million, he partnered with Boraie Development LLC based in New Brunswick. He was later to be involved in groundbreaking ceremony for a modern rise apartment block in conjunction with the same company. The $60 million project was expected to be the highest in the city.
Around the same time, he was also involved in planning a series of other development projects in Atlantic City that included a retail center, a movie theater and market-rate housing tower. In the projects, he plays part as a partner who receives an equity stake while Boraie Development takes the role of developing and seeing the overall project become a success.
He believed that his involvement in the development projects was his unique way of helping the society that molded him become a star. The star was at the time involved in a soda partnership with Arizona Beverages was also involved in a lot of other projects in other sectors and not real estate.
Boraie Development, LLC is a construction well known for its role in improving urban communities around New Jersey. The company has a sound development strategy that is well known for its sound investing in neighborhoods that are not touched by many. The company has also developed a lot of commercial, residential and retail establishments. The company is also involved in maintenance, leasing and accounting services.
Led by Omar Boraie, the company is well known for its connections in political circles and matters related to real estate. The company has done many development activities over the last three decades that have been very successful. Deeply rooted in building modern designs that can last for decades, the company has also been involved in a partnership with basketball superstar Shaquille O’Neal that was set to change Newark’s image.
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