Post Brothers has built 8,000 apartments and 700,000 square feet (about 65,000 square meters) of office and retail space in and around Philadelphia since 2006.īlatstein called the proposal “a once-in-a-lifetime opportunity for Atlantic City. The plan unveiled Monday is called Casa Mar, a water-intensive development inspired by the canals of Amsterdam.īlatstein owns the Showboat Hotel and other properties in Atlantic City. The state of New Jersey has the final say on what, if anything, will be built on the site of the former Bader Field, which used to house an air facility that was the first in the world to be called an “airport.” Bart Blatstein, CEO of Tower, called Monday for “an open, transparent process” to seek developers for the site. East Coast.īut the proposal by Tower Investments and Post Brothers unveiled on Monday faces competition from a previously announced, auto-centric project endorsed by Atlantic City’s mayor, who says developer DEEM Enterprises is about to sign a memorandum of understanding regarding the project “imminently.” (AP) - Two Philadelphia developers want to build a $3 billion housing, office and retail project on the site of a historic former airport in Atlantic City, the latest proposal for one of the largest tracts of buildable land near the ocean on the U.S. Please look at the time stamp on the story to see when it was last updated.ĪTLANTIC CITY, N.J. This is an archived article and the information in the article may be outdated. The 459 guest rooms & suites - divided between the Citadel and four exclusive rows of villas - enjoy magnificent views over the Atlantic Ocean, Mount Teide.
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