Plans to re-develop & convert the historic midtown armory in AC were OK’ed by the CRDA on OCT 20. They approved the plans that will create a hip retail-residential complex on NY ave….between Atlantic & Pacific.
John Longacre from LPMG is the Philadelphia-based developer. It’s a privately funded bet on Atlantic City. Longacre is well known for his building in Philadelphia.
He will convert Morris Guards Armory into 25 one- and two-bedroom apartments with first-floor retail space. LPMG bought the Armory in April for $325,000. He plans to start leasing it out by the Summer of 2016.