Atlantic City is a historic resort town that has weathered many ups and downs over the years. Right now it is poised on the edge of a comeback after ten years of economic difficulties. Right now many city leaders are feeling highly optimistic about the future of Atlantic City, as the gaming industry levels out after enduring years of new competition from casino openings in neighboring states and as a much-anticipated new 250-unit apartment building gets ready to open.
The Beach at South Inlet
The new housing complex that is set to open this summer is called The Beach at South Inlet. The building is going up on a lot that is bordered by
Connecticut, Atlantic, New Jersey and Pacific Avenues, and it is a development that comes from Boraie Development, LLC. According to a recent story in The Press of Atlantic City, the complex is being built with an eye towards satisfying the demands and expectations of the millennial generation of workers in Atlantic City. According to Waseem Boraie, Vice President of Boraie Development, LLC, these new workers want to live in housing that offers all the finest amenities, like a luxurious lounge area, a pool and a state-of-the-art gym. According to Omar Boraie, The Beach at South Inlet offers all of this and more. Visit Central Jersey Working Moms to see more.
Getting Ready For a Comeback
According to WSJ, in the story in The Press at Atlantic City, Boraie also discusses the great need that exists now for more modern housing in Atlantic City and other parts of New Jersey. According to Boraie, right now, 60 percent of the housing in Atlantic City was built forty years ago, so there’s just no doubt that more upscale housing along the lines of The Beach at South Inlet is called for. It’s Boraie’s hope that the new building will provide housing for many of the 50,000 workers in the city who need a good place to live that offers a taste of luxury along with a short commute.
Boraie Development, LLC is a company with a long track record of developing successful properties in Atlantic City, and an enduring belief in the city’s future. It’s hoped that with the opening of The Beach at South Inlet, that belief in this city’s great prospects will once again be proven right.