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Caspian Point Residential Development

Sector: Residential • Location: Atlantic City, New Jersey, United States

Source: Jersey Digs

Project
Planned

The project involves the redevelopment of the former Garwood Mills site in Atlantic City into a 180-unit market-rate residential community. The site has been vacant since the 1970s and has seen various redevelopment plans over the decades. Kushner Companies, the current owners, secured a 30-year tax break to facilitate the project, which is anticipated to be shovel-ready in 2026.

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Project Information

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The project “Caspian Point Residential Development” is an infrastructure initiative in the Residential sector, located in Atlantic City, New Jersey, United States. Taiyo aggregates data on it from Jersey Digs.

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Participants

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Status

Original status

planned

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Description

Description

The project involves the redevelopment of the former Garwood Mills site in Atlantic City into a 180-unit market-rate residential community. The site has been vacant since the 1970s and has seen various redevelopment plans over the decades. Kushner Companies, the current owners, secured a 30-year tax break to facilitate the project, which is anticipated to be shovel-ready in 2026.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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