New mix of homes coming to Atlantic City’s Inlet section
Developer Keith Groff said the lighthouse row project will have market-rate housing at numerous price points.
WAYNE PARRY, STAFF WRITER
ATLANTIC CITY — The developer building about 30 new homes across from the Absecon Lighthouse says he aims to provide “what everyone wants back” in Atlantic City.
During a media tour Wednesday of the Lighthouse Row development in the city’s Inlet neighborhood, developer Keith Groff said the project, currently in the second of what will be at least three phases, will have market-rate housing at numerous price points.
The second phase will sell for $850,000 to $1.105 million, he said.
“We’re going to bring back what used to be here, that everyone wants back,” Groff said.
His project is creating new housing on vacant land near the ocean that the city has long sought to repopulate, with vibrant, walkable neighborhoods on land that once symbolized blight.
“We all want rateables, more people in the neighborhood,” Groff said. “It feels safe, with more people walking around.”
The Lighthouse Row project is just one of many underway in Atlantic City as the pace of building and investment accelerates.
From multibillion-dollar residential and entertainment projects to single-family homes, Atlantic City is experiencing a spate of development that, for the first time in decades, has drawn some of the state’s largest builders to the seaside resort, including K. Hovnanian and the Kushner Companies.
Builders, officials, and legal experts agree on several reasons for the increased interest in Atlantic City:
• Comparatively cheap land, and lots of it
• Free beaches and an established casino industry
• Intensive state oversight and support, with development incentives, coupled with a business-friendly city administration
• Continuation of a trend that started with the COVID-19 pandemic of remote work away from big cities
a trend that started with the COVID-19 pandemic of remote work away from big cities
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