Plans are moving forward to partially convert Atlantic City’s Sheraton Hotel into senior housing. The proposed $100 million redevelopment would transform 130 of the hotel’s 502 rooms into apartments. Additionally, the project would modernize 252 existing hotel rooms. Some of those rooms have not received major updates in decades. The Sheraton connects directly to the… Read more »
Scannapieco Development Corp. is preparing a $100 million transformation of the Sheraton hotel in Atlantic City, which includes rebranding the property and converting a portion of its guest rooms into residential units. According to CEO Michael Scannapieco, the Philadelphia-based developer plans to convert 250 of the hotel’s 500 rooms into 131 apartments tailored to the… Read more »
