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IrishWave t1_ixkrwzj wrote

I don't understand who they think the target audience will be. There's not enough jobs in AC to support the local population as is, so 10,000 new homes makes no sense. Offices need to be located near workers, and it would be very difficult for a company to just up and move to a region with little to no college workers, not to mention a region where housing is either incredibly expensive or in very undesirable neighborhoods. Retail is just as baffling as there's plenty of cheap locations in the heart of Atlantic city would already be transformed for this if there was any customer interest.

Seems like this is just destined to be Revel 2.0 if it goes through.

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_crapitalism t1_ixl5g8s wrote

ig they're banking on "build it and they will come," but Atlantic City is far enough away from a major metro area that I'm not sure that will hold true.

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hexagonalshit t1_ixlmfzp wrote

Wouldn't they just be vacation homes and retirees?

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themightychris t1_ixmd8kv wrote

it's possible there's enough remote workers now who will pick a beach city that's close enough to metros for occasional commutes to join their daily zoom calls from

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pasnow t1_ixmk74d wrote

That needs to be their direction.

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Vigorously_Swish t1_ixmpcb7 wrote

Remote work in tech isn’t slowing down, despite what the biggest companies might have you believe. They all want their workers back in office because their campuses are mini-ecosystems that will rot away otherwise, making it a huge waste of money they won’t be able to sell easily. Most tech is still done from home these days.

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BUrower t1_ixn0yl3 wrote

The prices in all the other neighboring shore towns have sky rocketed in the last 10 years. AC in many ways has a blank slate and people will start to go there if nice developments are built. It's a train ride from Philly and the casinos have year round quality restaurants that you don't necessarily get in the other shore towns.

It will take a massive amount of capital to get the ball rolling, but the potential is absolutely there.

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