Hospitality & Tourism

Whether it’s the proximity to New York City or all of the tourist attractions that New Jersey has to offer, the Garden State’s hospitality industry is booming. Hotels are increasingly becoming part of major redevelopment projects.

Developers, city officials taking a holistic approach as northwestern Hoboken grows

It may be the Mile Square City, but Hoboken still has room to grow. After creating mixed-use projects in the largely industrial western half, developers are focusing on the city’s northwestern corner, known as the North End. City officials are in favor of the growth, with a North End Redevelopment Plan in progress that focuses on a diversified tax base, open space and flood-resistant infrastructure. 

Sordoni announces promotion of managing executive to senior vice president

Sordoni Construction Co. has announced a promotion for one of its longtime construction executives.

New 211-room hotel opens in Jersey City’s burgeoning arts district

A development team has opened the doors to a new 211-room hotel in downtown Jersey City, with a focus on paying homage to the city’s growing arts and cultural scene.

Denholtz acquires 26-acre Fort Monmouth parcel, plans $60 million redevelopment

An affiliate of Denholtz Properties has closed on 26 acres at Fort Monmouth, where it’s planning nearly 270,000 square feet of high-end commercial, technology and food and beverage space.

Kennedy Funding lends $3 million for Florida hospitality, entertainment project

A developer has acquired more than 100 acres along Florida’s Gulf Coast thanks to a newly completed, $3 million loan provided by Kennedy Funding.

Buyer wanted for well-known Meadowlands hotel, JLL says

A well-known hotel in East Rutherford is on the market for sale, brokers with JLL announced, touting its highly visible location and the potential to convert it to a residential building.

JLL: Developer lands $116 million construction loan for Montvale redevelopment

A large mixed-use development at the site of the former Mercedes-Benz campus in Montvale is moving ahead with the help of a $116 million construction loan, according to brokers with JLL.

Celebrity chef comes to rooftop restaurant in Port Imperial, Roseland says

A celebrity chef has brought his brand and cuisine to the rooftop restaurant at Roseland Residential Trust’s new waterfront hotel in Weehawken.

Upscale Asbury Park hotel set to reopen after COVID shutdown

A luxury hotel along the Asbury Park waterfront is set to reopen after being closed due to the coronavirus outbreak.

Caesars, VICI selling Bally’s Atlantic City for $25 million

Caesars Entertainment Corp. and VICI Properties Inc. have agreed to sell the Bally’s Atlantic City Hotel & Casino, further reducing Caesars’ footprint in the resort town.