Posts By: WCRE

Atlantic City to Auction Chance to Blow Up a Trump Casino

Atlantic City to auction chance to blow up a Trump casino ATLANTIC CITY, N.J. (AP) — One of President Donald Trump’s former Atlantic City casinos will be blown up next month, and for the right amount of money, you could be the one to press the button that brings it down. The demolition of the… Read more »

Stockton breaks ground on new Atlantic City dorm

Atlantic City is slated to see a new college dorm building in the coming years, after local, state and university officials broke ground on a 135,000-square-foot dorm in what’s been dubbed the city’s “Chelsea neighborhood.” The 416-bed dwelling is slated for a fall 2023 completion. Its originally-scheduled March groundbreaking was delayed as the COVID-19 pandemic… Read more »

Stockton University Outlines Expansion Plans Into Next Decade

Stockton University has approved a long-term master plan that includes the expansion of its seaside satellite campus in Atlantic City, New Jersey, where it plans at least $154 million in new construction, as well as its main location in Galloway. The university unveiled its 138-page update to its master plan this week in order to… Read more »

College Turns to Atlantic City Hotel for Student Housing in Pandemic

Stockton Deal With Showboat, Which It Once Owned, Involves Up to 400 Rooms in New Jersey To get a sense of how the pandemic is changing student housing, look no further than Atlantic City, New Jersey, America’s second-biggest gambling hot spot. Stockton University is planning to house some of its students in a hotel in… Read more »

Booming Borgata in Atlantic City Plans $14 Million Renovation

Hotel-Casino Spends for New Lobby Bar, Face-Lift for Suites The Borgata Hotel Casino & Spa, the top gambling moneymaker in Atlantic City, New Jersey, is trying to up its game, spending $14 million for improvements to spiff up its lobby and suites. The 2,000-room property at 1 Borgata Way in Atlantic City’s marina district will be adding… Read more »

WinnCos. Pays $17.3 Million for Atlantic City Affordable Housing Complex

Acquisition Includes 153 Units Across Three Adapted Reuse Sites in Opportunity Zone; Upgrades Planned The development arm of WinnCos. has acquired a portfolio of affordable housing properties for $17.3 million in Atlantic City, New Jersey, under the federal Opportunity Zone program. The Boston-based real estate firm bought Sencit Liberty, a scattered-site complex featuring 153 units… Read more »

Stockton University OKs Atlantic City Student Housing Partnership

But Board Says It Needs Extra $5 Million a Year from State for Project With AC Devco to Move Forward Stockton University has decided to move ahead with plans to expand student housing for its Atlantic City, New Jersey, campus, but it says it can’t proceed unless it gets financial help from the state of… Read more »

Atlantic City Bets on Resurgence with New Oceanfront Campus

Atlantic City business and government officials are hailing the recent opening of Stockton University’s $178.3 million campus on the gambling mecca’s fabled boardwalk as a positive sign for the long-awaited economic recovery for New Jersey seaside community long down on its luck. “This is the first non-casino development project in this city in years …… Read more »

Stockton University Takes Another Bet on Atlantic City

In yet another expansion into the Atlantic City market, Stockton University has agreed to buy the Atlantic Club Casino Hotel property, which has been closed since January 2014. The sale, and Stockton’s continued investment in the Atlantic City market, is yet one more piece in the comeback of the city that still uses America’s Playground… Read more »