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48°
Sunday, nov 17
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Hotel
Business
Massive Hotel Proposed To Replace Shuttered Jersey Shore Amusement Park: Reports
A developer is planning to bring a new purpose to a shuttered and iconic amusement park on the Ocean City boardwalk, according to reports. Wonderland Pier owner Eustace Mita said he wants to create a 252-room hotel on the site of the theme park that closed in October, abc6 Action News reported. Mita is also the developer and CEO of ICONA Resorts. The $135 to $155 million proposal would preserve Wonderland's famous Ferris wheel and carousel. "Our thought was we will rehab it, keep it, and actually raise it by 10 feet," Mita told abc6. "That will be a $1.5 million project." A renderi…
Real Estate
Luxury Hotel Replacing 3 Motels In Jersey Shore Borough Long-Reputed As Party Town
A Jersey Shore town that gained a reputation for being one of the best places to party while down the shore is getting a rebrand. And it's in part due to a luxury hotel set to replace three of the motels in Seaside Heights that haven't exactly been helping the family-friendly atmosphere. In a 6-0 vote last month, Seaside Heights council members approved the designation of a Boston-based redeveloper for the hotel, to be built on the Lincoln Avenue and Ocean Terrace lots where Dry Dock, Glendale, and Surfside motels currently stand. The firm, 6M Development, shared a brief description of the…
Business
Proposed Hotels, Upscale Restaurant Will Transform Vacant Cherry Hill Land
Two hotels and a restaurant will be built on a largely vacant strip of land in Cherry Hill, officials said. The 11-acre site contains a Magic Car Wash, former gas station and quarry. It's considered a prime location for development because it's on Route 70 West just 11 miles from Philadelphia. The project includes two five-story hotels: a 120-room Hampton Inn & Suites and 131-room Residence Inn by Marriott, according to plans by KM Hotels of Richmond, VA, the developer. There will be a small "upscale" restaurant with a full-scale bar, KM Hotels said in its proposal. “The zoning b…