HomeReal Estate & DevelopmentResidential development project in Atlantic City’s Southeast Inlet section under construction

Residential development project in Atlantic City’s Southeast Inlet section under construction

Atlantic City’s Southeast Inlet section is loaded with untapped resources for developers, who are starting to take advantage. One residential development project that’s under construction now — Lighthouse Row — is expected to completely transform the landscape of this neighborhood.

Just steps away from the famous Absecon Lighthouse, the tallest lighthouse in New Jersey, Lighthouse Row, located at 12 S. New Hampshire Ave., will feature eight homes, each with four or five bedrooms, three full bathrooms and two-car garages. Each unit will have views that will overlook the ocean, as well as Absecon Lighthouse and the city skyline. This is a fully solar-powered residential development that will light up from sunset to sunrise each and every day.

Atlantic City Mayor Marty Small Sr. on Tuesday joined project developer Keith Groff, City Planning & Development Director Jacques Howard and Councilmember-at-Large Stephanie Marshall for a news conference, followed by a tour through the property.

“Investor confidence is at an all-time high in the great city of Atlantic City, and this is just the first step,” Small said. “Before we know it, much of the vacant parcels in this area, and throughout Atlantic City, will be filled. Anything the Small administration can do for our investors, we’ll be at the ready, and we thank Keith Groff for believing in this city.”

“This is just the beginning of an effort to bring families back to this neighborhood, which is full of potential,” Groff said. “This started with just an idea and dream a few years ago, and here we are. I hit the ground running as soon as I acquired this land, and I thank the city and everyone who supported me along the way.”

“This is a state-of-the-art, environmentally efficient project,” Howard said. “This project will no doubt set the tone for more like it to come. We’ve had the pleasure of reviewing many development plans that will transform this area as we continue to see developers look to create opportunities for homeownership and occupancy.”

Groff anticipates Lighthouse Row will be completed sometime in the late summer or early fall.

Related Articles

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care practice

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

Saddleback Real Estate Developers announces almost 100,000 square feet of industrial leasing in Northern New Jersey

Saddleback Real Estate Developers, a New Jersey-based owner and developer specializing in industrial real estate, announced a series of leasing transactions totaling 96,535 square...

Cushman & Wakefield arranges $136M refinancing for Modera Lofts in Jersey City

Cushman & Wakefield said it has arranged $136 million in refinancing for Modera Lofts, a 366-unit multifamily property in downtown Jersey City, in a...

NJ Transit to host Industry Day for real estate opportunities

NJ Transit announced that it will host Industry Day, an open house networking event on April 21, for real estate developers, commercial real estate...

Farias named executive director and CEO of NJ Redevelopment Authority, succeeding Anderson

The New Jersey Redevelopment Authority (NJRA) board voted on March 16 to appoint Rose Farias as NJRA executive director and chief executive officer, effective...

CBRE arranges sale of Eastpoint at Exit 8A in Monroe Township

CBRE announced that it has arranged the sale of Eastpoint at Exit 8A, a 450,330-square-foot industrial facility centrally located between New York City, Philadelphia...

Latest Articles

Porzio Bromberg adds ex-Homeland Security counsel d’Agincourt to employment, education team

Porzio, Bromberg & Newman, P.C., a multidisciplinary law firm, said March 19 it added Gregory V. d’Agincourt as an attorney on the firm’s employment...

Rutgers Business School revamps MBA in professional accounting

Rutgers Business School announced that it has revamped its graduate degree in professional accounting to equip students with the skills demanded by an industry...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care practice

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

B&G Foods completes deal for College Inn and Kitchen Basics brands

B&G Foods Inc. announced on March 19 that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation...

Rowan University opens new Virtua Health College Research Center

Rowan University marked a major milestone in its research enterprise as leaders from Rowan, Virtua Health and local government gathered to cut the ribbon...

ROI-NJ: Women of Inspiration – Dina Opici, president, Opici Family Distributing

A family tradition When Dina Opici enters the building and heads for her office at Opici Wines & Spirits in Glen Rock, New Jersey, she represents the fourth generation of the...

Latest Articles

Porzio Bromberg adds ex-Homeland Security counsel d’Agincourt to employment, education team

Porzio, Bromberg & Newman, P.C., a multidisciplinary law firm, said March 19 it added Gregory V. d’Agincourt as an attorney on the firm’s employment...

Rutgers Business School revamps MBA in professional accounting

Rutgers Business School announced that it has revamped its graduate degree in professional accounting to equip students with the skills demanded by an industry...

NAI James E. Hanson hire of Kretowicz as senior vice president boosts health care...

Commercial real estate firm NAI James E. Hanson said on March 20 that Kim Kretowicz was hired as senior vice president and was designated...

B&G Foods completes deal for College Inn and Kitchen Basics brands

B&G Foods Inc. announced on March 19 that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation...

Rowan University opens new Virtua Health College Research Center

Rowan University marked a major milestone in its research enterprise as leaders from Rowan, Virtua Health and local government gathered to cut the ribbon...