The 324-foot Newtown Creek tanker vessel will be sunk off Pompano Beach on July 23 to serve as an artificial reef.
As part of the project, which is being undertaken by the nonprofit organization Shipwreck Park Pompano, the wreck will be renamed the Lady Luck, part of a sponsorship deal with Isle Casino Racing Pompano.
The Newtown Creek will be renamed Lady Luck and will sit among 16 existing wrecks.
Lady Luck, which was transported to South Florida from New York, will sit just a mile and a half off of Pompano Beach and is slated to be the centerpiece of what is to be called Shipwreck Park. It will sit among 16 existing wrecks.
Prior to its sinking, the vessel is being fitted with casino-related art displays. For example, divers will be able to swim past giant dice and a card-slinging octopus.
The bottom of Lady Luck's hull will sit in 120 feet of water, but the craft will rise to within 50 feet of the surface.
One spot in which the sinking can be viewed is the Ocean Terrace at Marriott Pompano Beach. The gathering, which is open to resort guests and local residents, takes place from 1 p.m. to 4 p.m. on July 23.