Two weeks ago, ground was broken on the same Washington Avenue site for a new apartment house, called Renaissance Plaza, scheduled to open next February.
The Renaissance Plaza is expected to generate $306 million in economic activity each year and as much as $9.9 million annually in tax revenues.
HE said the company was doing just that at Renaissance Plaza, a hotel and office complex now being built in downtown Brooklyn.
The addition to the hotel would be a freestanding 23- or 24-story tower built immediately to the east of Renaissance Plaza on Adams Street.
The entire cost of Renaissance Plaza was $20 million.
Renaissance Plaza is the first Anchor project in Harlem, where three more are planned.
Renaissance Plaza, a $400 million complex, includes hotel and office elements.
Negotiations With Hilton Metrotech and Renaissance Plaza are much further along than the others.
Renaissance Plaza is a visible symbol that, after shooting snake-eyes for years, Atlantic City is finally on a construction roll.
For Atlantic City residents, Renaissance Plaza is more than a symbol of growth.