Posts Tagged: Atlantic City commercial real estate

Ocean Casino Resort Announces $15M Reinvestment

Ocean Casino Atlantic City NJ

Ocean Casino Resort doubles down on recent success with a reinvestment of $15 million into the resort, team members, and surrounding North Beach community. “Ocean’s interest in our people, product, and community is a testament to the progressive direction our property is moving toward as we enter into the summer months,” said Terry Glebocki, Chief Executive Officer for Ocean Casino Resort. “As… Read more »

Standard Acquires, Plans To Renovate Atlantic City Senior Housing Complex

Baltic Plaza Apartments Atlantic City NJ

In its first acquisition in New Jersey, the affordable-housing arm of Standard Cos. has purchased and will renovate Baltic Plaza Apartments, a 169-unit senior housing development in Atlantic City, in a $38 million deal.  Standard Communities, part of New York City-based Standard Cos., bought 1313 Baltic Ave. in partnership with the U.S. Department of Housing and Urban Development and… Read more »

Trump Plaza Imploded in Atlantic City

The congregation gathered early Wednesday at the Ducktown Tavern to deliver last rites for Trump Plaza, the once gilded, later decrepit former casino built by former President Donald Trump. In its final incarnation, 19 seconds of deliberate destruction, Trump Plaza took its place alongside Atlantic City’s most iconic symbols of failure, imploded during an Ash… Read more »

Trump Plaza to be demolished Feb. 17

Trump Plaza to be Demolished

When Mayor Marty Small Sr. gave his first State of the City address last year, he laid out a number of robust plans for the resort. The one that got the loudest applause and a standing ovation, he said, was the eventual demolition of the former Trump Plaza Hotel & Casino, marking the end of… Read more »

Atlantic City’s former Trump Plaza will be imploded on Feb. 17, mayor says

Even if it were not the former Trump Plaza, with its pending implosion a tempting symbolic echo of the end of its namesake presidency, people would be interested, Atlantic City Mayor Marty Small Sr. insisted Thursday. But interest has been off the charts, he said, from all over the globe. Officials reluctantly canceled a high-profile… Read more »

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 »