Atlantic City is at the beginning stages of a BOOM!

 

 

Atlantic City was no stranger to less than positive news a few years ago.  From closing casinos to layoffs, some people compared Atlantic City to Detroit.  Well, recently positive news has trumped negative news in the city that never sleeps and there's a reason for that.  Atlantic City's rebirth is taking off! 

 

 

 

The casino industry isn't dead in AC.  Atlantic City's gambling industry overcame the closing of four casinos last year to post a 45 percent increase in gross operating profits and a higher occupacy rate for hotel rooms.  The industry reversed its fortunes by going from a $5.8 million loss in 2013 to a gross operating profit of $72 million in 2014 the figures show.  Operating profits are considered the clearest measure of the gaming industury's overall financial health.

 

Matt Levinson, the chairman of the state casino control commission states, "this is a sign that gaming revenues are starting to stabilize while non-gaming revenues are growing"

 

 

 

 

 

 

 

The BEST Food in New Jersey is in Atlantic City!

 

 

Seeing the success of Wolfgang Puck and Bobby Flay's Atlantic City restaurants, other celebrity chefs such as Gordon Ramsay, Guy Fieri and Steve Martorano have recently opened new restaurants in AC.  

 

The casinos aren't the only place in Atlantic City to get a five star meal.  Cafe 2825 on Atlantic Ave was voted one of the top restaurants in America,  Chef Vola located on Albion Place and also known as Atlantic City's best kept dining secret is a popular celebrity spot, Ruth Chris, Dock's Oyster House, Buddakan, Knife and Fork Inn and numerous others are all in Atlantic City!   In fact the restaurants are so nice in AC OpenTable.com just ranked AtlanticCity the most romantic city in America!

 

Looking for an affordable meal, cheese steak or pizza.  You haven't lived until you've tried Whitehouse Sub Shop, Tony's Baltimore Grill, Back Bay Ale House, Gilchrist (best breakfast on the east coast), or LoPresti's Pizza on the boardwalk to name a few.  

 

 

Oh, and once you try Atlantic City bread, you'll never be satisfied with any other. 

 

 

 

 

 

 

Economic Expansions

 

 

 

 

 

 

Harrah's is currently constructing a $126 million water front convention center!

 

Tropicana is wrapping up a $35 million renovation project including an eye-popping, high tech light and sound show on the boardwalk. 

 

Borgata is undergoing a $13 million renovation project including Festival Park, an outside music arena that opened this past spring. 

 

Resorts is undergoing a $9.4 million expansion project

 

Bass Pro Shop at The Walk opened this spring creating 200 jobs!  

 

 

The Steel Pier is currently building a mammoth 200 foot ferris wheel overlooking the Atlantic that will draw about 50,000 riders a month!  Due to open early 2016.

 

Stockton College purchased Showboat Casino Hotel and has plans on selling it to Glenn Straub. These two are currently working out the kinks.

 

Atlantic City's new mayor, Don Guardian recently announced plans for a massive $50 million expansion in the Gardner's Basin area of the city which includes 6 to 12 restaurants, boardwalk expansion and 30 to 40 shops.  Gardner's Basin is one of the most beautiful areas of Atlantic City and is often compared to an underdeveloped version of Baltimore's Inner Harbor.  MORE INFO HERE

 

New Revel owner, Glenn Straub announces plans to turn the former casino hotel into the world's largest waterpark with high-speed ferries traveling from Manhattan to Atlantic City.  Imagine a 57 story inside and outside water park overlooking the ocean.  No word when and if the $108 million project will take off but we're keeping our fingers crossed. 

 

Mayor Guardian announced the construction of 500 new housing units including a possible $75 million entertainment complex consisting of a 7 screen movie theater, bowling alley, roller skating rink, restaurants, shops and parking built by Boraie Mixed Use Development and their partner The O'Neal Group which is headed by former NBA star Shaquille O'Neal. 

 

Atlantic City is going green and is one of 50 municipalities nationwide that will compete for Georgetown University's $5 million Energy Prize.  The prize challenges cities to reduce per-capita energy usage. AC has already started installing LED street lights and replacing gasoline cars in it's fleet with compressed natural gas vehicles. 

 

The entertainment in Atlantic City is definitely second to none with free beach concerts, The Miss America Competition and Parade, The Atlantic City Air Show, The World Championship of Sand Sculpting, countless wine & beer festivals, casinos, endless shows, the world's longest boardwalk (first wooden plank was laid in 1870), 3D light & sound shows, fireworks, DoAC Beach N Boat $1 Million Fishing Challenge, Pro Beach Volleyball Invitational, awesome beach bars, Atlantic City Aquarium, Dolphin Watch Tours, parasailing and much much more!  All in a town that is open 24/7 and never sleeps!

 

 

The Pier Shops on the boardwalk was recently purchased by real estate tycoon Bart Blatstein and is currently being renovated into "The Playground".  This 500,000 square foot attraction will have some of the coolest bars on the east coast along with two outside swimming pools ON THE BEACH, bowling alley, six music themed clubs, concert venue, restaurants, shops and more!  Blatstein, known for his success of the Piazza Schmidt's project in Philadelphia's Northern Liberties section says, "I promise you this will become the number one tourist attraction in Atlantic City.  This place can't fail.  It won't fail!"  The first phase called T Street opened on June 26th to raving reviews!  View a three minute video of this project ..... CLICK HERE

 

 

 

What is Atlantic City's commitment to transition the town to a multi-faceted resort destination! 

 

- $1 billion in economic development has been committed!

 

- $778 million in projects already completed

 

- $475 million of development in process or already under construction

 

 

"3 out of 4 people living in Philadelphia, NYC and Baltimore looking for a getaway now see Atlantic City as a destination to go for dining, nightlife and entertainment." - Atlantic City Alliance 

 

 

An average of 33 million people DO AC every year! That's over 10% of the entire United States population!  

 

Atlantic City .... Voted Best Gambling Destination in the world by USA Today 2015  USA TODAY BEST GAMBLING DESTINATION

 

Atlantic City .... Most Romantic City in America 2015!  Opentable.com

 

Atlantic City ....  voted 3rd most sexy beach in America 2015!  datingadvise.com

 

Harrahs Pool After Dark ..... 11th most profitable club in the US 2015!   HuffPost.com 

 

Atlantic City...  rated one of the top 10 places to watch July 4th fireworks in 2015  YahooTravel.com

 

In addition, Atlantic City is safer than ever with a 42% drop in violent crimes from 2010 to 2014!  

 

 

 

 

 Check out this 30 second video of Atlantic City then go DO AC!

 

CLICK FOR VIDEO

 

 

 

 

In the market for a shore house?  

Brigantine is a quaint beach town located 5 minutes north of Atlantic City and is known as New Jersey's Best Kept Secret.

 

 

VIEW REAL ESTATE FOR SALE IN BRIGANTINE

 

VIEW VACATION RENTALS IN BRIGANTINE