LIGHT HOUSE PROPERTIES OF NEW JERSEY TO UNVEIL FIRST PRIVATE STUDENT HOUSING BUILDING

On Monday, October 23, 2017 at 12:00 o’clock p.m., Light House Properties, along with Democratic Mayoral candidate, Frank M. Gilliam, Jr. and distinguished members of and candidates for City Council, will formally announce plans for Atlantic City’s first private student housing development project at Stockton’s Gateway Campus.

The event will take place at 110 N. Trenton Avenue in Atlantic City, the site of the proposed new construction.

Atlantic City, NJ, October 20, 2017 – After nearly a year of planning and development, including site acquisition, engineering and architectural studies, Light House Properties of New Jersey (“LHP”) is pleased to formally announce the inauguration of “The Point”, Atlantic City’s first of many private student housing construction projects to be built by LHP in and around the Stockton University Gateway campus.  This new construction is expected to be a catalyst for additional private development on the edge of Stockton University’s Gateway campus.  It will help Stockton grow in its new environment by offering students an attractive off-campus housing alternative.

Let’s get straight to the point: who would not want to live in a sleek, new apartment building that radiates warm light on all 4 sides, both day and night, nestled on the edge of Atlantic City’s stunning Chelsea waterfront?   “The Point”, LHP’s inaugural off-campus student housing project presents a 100+ unit, 4-story complex with a practical, yet innovative design, and an eco-friendly approach.  Residents, guests and neighbors alike will be greeted with a rolling wave, ombré blue glass atrium, making direct reference to surrounding waterfront landscape.  Wood-look exterior siding and rain screen cladding will create a durable but aesthetically pleasing structure, highlighted by pigmented vertical LED light strips providing soft, brilliant accents.  A rooftop garden will cap off this intentionally “green” building.  Interior finishes and amenities will be on par with high-end, metropolitan condominiums.

In a statement earlier this month, current Councilman and Mayoral candidate Frank M. Gilliam, Jr. said,

“Light House Properties and their project to develop Stockton University Housing represents the type of Public – Private partnerships that will usher Atlantic City back into the premier City loved by all.  I am confident that Light House Properties will be a good neighbor and friend. I’m looking forward to our new neighbor and the beautification their project will bring to our beloved Atlantic City.”

Light House Properties President and CEO, Donald E. Haviland, Jr., reported,

“Our company chose Atlantic City to call home.  One of our company “core values” is to “buy, build and be local”.  This project is the first of many to deliver on those values.  We are so pleased to be working with Councilman Gilliam and members of City Council to bring about much needed improvement to the Chelsea neighborhood surrounding Stockton, to help restore this wonderful community to the proud prominence it once had.  And we look forward to a long, prosperous relationship with this community.”

LHP Mission Statement: “To be a positive catalyst for change in an ever-changing landscape.”

For more information about this topic, please contact Ron G. Ruffner, Jr., General Manager of Light House Properties, at 215-609-4661 or email at rruffner@lhprop.org or 2715 Arctic Ave., Atlantic City, NJ  08401.