Atlantic City has been in a bit of a slump over the last ten years. Casinos opening in neighboring states have put a damper on the gaming income that Atlantic City had once counted on. The Atlantic City Gateway and other nongaming investments, however, are helping to get Atlantic City back on its feet.
The next step in Atlantic City’s recovery is providing some modern housing options. This is where Boraie comes into play. With most of Atlantic City’s housing being over 40 years old, Boraie Development wants to create something for the younger generation who know exactly what they want and need from a housing unit.
The Beach at South Inlet is a complex that will be able to house many of the residents of Atlantic City. The 250 new apartments will become home for many of the people who work in Atlantic City. According to Boraie’s Vice President Omar Boraie, young renters want all their modern conveniences to be in one sport and that is what they will find within the complex. The complex will have resident lounges, a gym, a pool, and more. For more details visit Crunchbase.
Boraie Development, LLC is located in New Jersey and they see a lot of potential for Atlantic City. After there complex is built, and if the economy and the area, in general, continues to grow, they want to add some more retail space in the area. However, they have a unique twist in mind. They do not want to bring in competitors to retailers that are already established, but instead, they want to bring in retailers that will complement the other retailers. This will allow everyone to grow. Check out Central Jersey Working Moms to see more.
Boraie Development has been in business for over 30 years. It is their stellar reputation that makes them one of the top real estate developers in the New Jersey area. When they commit to a product, they are in it for the long run. Not only do they commit to their vision, they also commit their own capital to the project, and they commit to staying reliable. This commitment enables them to create projects that people want and protects that financial institutions want to invest in.