Government & Public Policy
EDA approves $25 million in grants for Newark, Atlantic City commercial corridors

State officials are sending more than $25 million in grant funds to support 13 businesses and commercial projects in the downtowns of Newark and Atlantic City.

Hospitality & Tourism
‘We’ve just scratched the surface:’ Morris sees continued investments in workforce, property as Hard Rock marks five years in Atlantic City

Five years in, the work has only just begun for the team behind the Hard Rock Hotel & Casino Atlantic City. That’s according to Jack Morris, the real estate magnate and co-owner of the boardwalk resort, who said the partnership plans to continue the types of investments that have defined the property since it opened in 2018. That includes everything from renovated suites and a new high-end lounge overlooking the Atlantic Ocean to an ongoing focus on rehabilitating and employing former nonviolent offenders in the city.

Government & Public Policy
EDA unveils grant program for development, art projects in transit-served urban areas

The state Economic Development Authority has launched a grant program aimed at sparking new development and art projects in cities that are served by mass transit but saw a drop in commuter foot traffic during the COVID-19 pandemic.

Events
NPLA Conference unveils speaker, entertainment lineup for June event in Atlantic City

The organizer of the nation’s largest private lending conference, slated for mid-June, has unveiled the event’s lineup of networking, education and entertainment.

Residential & Mixed Use
Stockton debuts second residence hall in Atlantic City, adding 416 beds to growing campus

Stockton University has opened the doors to a second residence hall in Atlantic City, in another key step toward revitalizing and growing the resort town beyond its historic casino industry.

Event Coverage
Atlantic Builders Convention returns with renewed energy, focus on housing affordability

Thousands of homebuilders and service providers flocked to Atlantic City this week for the return of the Atlantic Builders Convention, where the breadth of the industry was on full display alongside a renewed focus on housing affordability.

Health Care & Education
Stockton eyes May ribbon-cutting for new 416-bed residence hall in Atlantic City

Stockton University is nearing completion of the new six-story, 416-bed residence hall that will mark the latest addition to its growing Atlantic City campus.

Government & Public Policy
Atlantic City: Developer, city officials sign MOU for $3 billion Bader Field redevelopment

A developer has taken a key step in a bid to transform Atlantic City’s Bader Field, signing a memorandum of understanding with city officials in connection with a nearly $3 billion proposal that includes housing, retail and a racetrack.

Retail
Atlantic City: Vantage Commercial inks sale of 3.7-acre site slated for cannabis grow facility

The operator of a planned marijuana cultivation facility has acquired 3.7 acres in Atlantic City’s tourism district, brokers with Vantage Commercial announced Thursday.

Residential & Mixed Use
Atlantic City: Design team touts upgrades at 153-unit affordable housing portfolio

The owner of three affordable housing properties in Atlantic City has unveiled a major renovation of the 153-unit portfolio.