Atlantic City Council unanimously approved on Wednesday a $2.7 billion plan to turn Bader Field into a Formula 1 racetrack, spurning a competing proposal led by Philadelphia developer Bart Blatstein to overhaul the long-vacant site. Any proposal for the 140-acre site would ultimately need final approval from the state of New Jersey, given that the gaming town… Read more »
Bader Field is the most coveted piece of real estate in the city, which explains why developers are pitching massive projects for it. But while the plans are big, the details have been scant. Developers are keeping information about their financing and market research close to the vest. And he state Department of Community Affairs,… Read more »
A pair of big-name Philadelphia developers are teaming up to propose a $3 billion mixed-use project at Bader Field in Atlantic City, the latest plan pitched for the long-vacant site. The proposal from Tower Investments CEO Bart Blatstein and Post Brothers’ CEO Michael Pestronkand President Matt Pestronk calls for 10,000 residential units, 200,000 square feet of retail space and 100,000… Read more »
