* Photos compliments of the Atlantic City Convention Center and Visitor's Authority
What is Your Dream?
Have you always wanted to own a beach house at the Jersey Shore? Have you wished you bought that second home years ago before the prices went up? Want to own an oceanfront condo to both rent out and use for your own enjoyment? Have you wanted to own on the Jersey Shore, but didn't think you could afford it?
Achieve Your Dream of Living on the Jersey Shore
If you have wanted to own that second home or investment property for years, but haven't done anything about it, one thing is for sure. You can't turn back the hands of time! Do you really want to look back years from now, only to find yourself saying the same thing: "I should have..."
Find out how the demolition of Atlantic City's Sands Casino will pave the way for the transformation of the boardwalk and re-development of Atlantic City!
"Pinnacle Entertainment Implodes Sands Casino Hotel in Atlantic City, NJ" - CNNMoney
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Building Boom Goes On - Major construction projects in Atlantic City
Billions of dollars are being invested in Atlantic City, NJ. While other real estate markets are soft, the Atlantic City Market is still HOT. If you are interested in being part of the "excitement," contact me for your piece of the action.
Trump Taj Mahal: $250 million, 800-room hotel tower. Scheduled to open in 2008.
Borgata Hotel Casino & Spa: $525 million project is under way. Phase I is a $200 million expansion, to be unveiled next week, with restaurants, stores and gambling space. Phase II is a $325 million, 800-room hotel tower; construction began in 2004, and the tower is to open late in 2007.
Harrah's: $550 million expansion that includes a retail and entertainment center to open this year, and a 964-room hotel tower to open in 2008. Construction began in March. Also, $100 million in renovations are under way in the casino and hotel.
The Pier at Caesars: The $200 million project located on the Boardwalk next to Caesars casino opened the summer of 2006. Shop at one of the Piers high-end shops such as Louis Vuitton, Movado, Mulberry, Oilily, Quiksilver, Tiffany & Co., Tommy Bahama, Baccarat, or dine at one of their unique restaurants such as Buddakan, Sonsie, The Continental, or Phillips Seafood. To learn more about the what is available at The Pier at Ceasars, click here. Land next to the Borgata: MGM will build a $5 billion hotel, entertainment and gambling comples on a 72-acre tract in the Marina district. The project will include a 3,000 room hotel, casino (with 5,000 slot machines and 200 tables) and an entertainment complex. It will be Atlantic City's tallest building. MGM, co-owner of the Borgata, describes the project as comparable to its $7 billion Las Vegas development, which includes hotel towers, retail stores and condominiums. Groundbreaking is expected in 2008 with an expected opening in 2012. To read more about this Atlantic City Casino project, click here.
Land next to Showboat casino in Atlantic City Inlet Area: Bought for $70 million by Morgan Stanley, Revel Entertainment Group will build a $2-billion-plus gambling/entertainment facility and hotel on the 20-acre parcel in the South Inlet district. The casino would be Atlantic City's 13th. The ocean-themed casino is expected to open in 2010. This casino will transform the Atlantic City Inlet area. To read more about this Atlantic City Casino project, click here.
Goodbye Sands Casino: Pinnacle entertainment is building a brand new mega casino/entertainment center at the site of the former Sands Casino at Illonois and the Boardwalk. It is the first major casino project on the boardwalk in Atlantic City in 20 years.
Atlantic City Hilton - The Atlantic City Hilton Casino Resort plans a $1 billion expansion to build a 1,000-room hotel tower - double its gambling floor area to 120,000 square feet - and to add new shops, restaurants and a 3,500-seat theater for shows. It also plans a 3,000-space parking garage.
The Walk: The eight-block shopping-entertainment district, which links the Convention Center with the Boardwalk, broke ground in March 2006 for a $155 million expansion to include stores, restaurants, condominiums and office space. The expansion is on the west side of Michigan Avenue.
Other Expansions: Projects at Caesars and Bally's casinos. There will also be a new casino next to the Hilton and a new luxury condominum complex called Breakers Atlantic City at 4100 Atlantic Avenue.
Residential Expansion In Atlantic City, New Jersey
Atlantic City's residential development is constantly evolving. On the city's south end, The Chelsea is a residential high-rise that offers 197 units that vary in size from one to three bedrooms. They have six penthouse units as well. BET Investments is planning on offering luxury two to three bedroom condos closer to the center of town. Tenor Square, located behind the Convention Center, has 18 two to four bedroom townhomes that have an updated "New York feel" to them.
The north side will benefit from development as well. Bella is a 27-story building comprised of 200 ultra luxurious condos, a fitness club, an enclosed pool, solarium, cabanas, designer decor and heated Jacuzzi spa.
The Waterside Apartment complex, located on oceanfront property in the South Inlet, is in the process of converting its 347 units into condos. Lennar Homes is constructing Reflections, which will offer 179 ultra luxury one to three bedroom condos in its six-story building, along with private balconies, cabanas, a sky bar, rooftop terrace with a pool and other luxury amenities.
The 306 unit Marbella is being developed as a luxury high-rise condo offering such high end services as a concierge, valet and its own security. There will be 24 penthouse units and 24 townhomes in the Marbella development.
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