The hall will be located in the University District at the Eldredge Building, which will be demolished in summer 2020 with construction slated for the fall. The 140,000-square-foot building will have 416 beds in an apartment style setting, plus a lounge, meeting space, laundry facilities and parking.
AC Devco, which will construct the hall along with Stockton in a public/private partnership, developed the first Gateway initiative that includes the Stockton Atlantic City campus, South Jersey Gas headquarters and AtlantiCare Urgent Care.
“Stockton University and its partners set the stage for a new economic development strategy with the Gateway initiative,” Christopher Paladino, president, AC Devco, said. “Today thousands of students, staff, visitors, and employees of Stockton, South Jersey Gas and AtlantiCare have changed the tempo of the streets of Chelsea. This Phase II investment will further add to the vibrancy of the neighborhood.”
Stockton’s Atlantic City campus opened in fall 2018 with an academic building, a 543-bed resident complex and a parking garage. This spring, nearly 1,500 students will be taking classes.
“We thank Gov. Phil Murphy, Senator President Sweeney and the Legislature for providing the support Stockton needs to operate and expand our Atlantic City campus,” Harvey Kesselman, president, Stockton, said. “We are excited to be able to expand our presence in Atlantic City and contribute to creating a more diversified economy. The new residence hall will allow even more students to live, learn and earn in Atlantic City through academic, internship and employment opportunities.”
The hall is expected to be completed and ready for students to move in by fall 2022.