New Atlantic City, NJ, Development Update

Mayor Marty Small is in the process of delivering on a pro-development philosophy of governance for Atlantic City, New Jersey. It continues to pay off.

Atlantic City Poised For Another Economic Development Victory

Atlantic City is preparing to expand its economic development footprint with a proposed fifth federal Opportunity Zone.

The designation, recommended by New Jersey Governor Mikie Sherrill, would encompass the entire Atlantic City Marina District, creating additional federal tax incentives designed to attract private investment, encourage construction, generate business activity and strengthen economic growth.

Mayor Marty Small's Pro-Investment Philosophy Drives Development

Mayor Marty Small, Sr. continues emphasizing an investor-friendly philosophy of governance, positioning Atlantic City as a welcoming destination for private capital. His administration champions development partnerships, economic expansion and opportunities for investors. Small's approach reflects his belief that government should encourage investment, remove obstacles and help transform ambitious proposals into reality.

Mayor Small Declares Atlantic City's Development Renaissance

Atlantic City is seeing a real development renaissance happening right now as investor confidence is at an all-time high said Mayor Marty Small, Sr. Adding another Opportunity Zone, especially one that includes the entire Marina District, is a big deal for us, said Small.

Small’s enthusiasm underscores his administration's economic ambitions.

MGM's 70-Acre Vision Could Transform Marina District

MGM is advancing plans for a major development involving approximately 70 acres between Borgata Hotel Casino & Spa and Harrah's Resort Atlantic City.

City Council approved the redevelopment plan in December, 2025. The proposed Opportunity Zone could further strengthen investment prospects surrounding one of Atlantic City's most valuable development corridors.

Golden Nugget Waterfront Project Adds Another Exciting Chapter

Golden Nugget in Atlantic City NJ - Photo: Chris Coleman

Another significant development involves Boraie Development's proposed 182-unit waterfront project adjacent to Golden Nugget Casino Hotel. Already receiving state approval, plans include 62 townhomes, a 120-unit high-rise, restaurant and additional amenities. Together, these projects demonstrate the substantial redevelopment possibilities emerging throughout Atlantic City's increasingly attractive Marina District waterfront.

SOURCE: Atlantic City Mayor Marty Small.