The summer of 2018 will be an exciting time in Atlantic City with the first development project to come up in over 25 years. Boraie Development LLC. is constructing an $81 million, 250-unit apartment complex called, The Beach at South Inlet. The construction will be completed and open for business by July of 2018. The apartments will feature the most advanced technology and every amenity a tenant could want including a swimming pool and gym. Atlantic City used to be a popular destination for gamblers, casinos and crime, but recently the scene has drastically changed. The area has become a family oriented, tourist and employment destination attracting new crowds and new opportunities. Wasseem Boraie, the Vice President of Boraie Developments stated that the company’s project would increase the number of jobs in the area, attract more tourists and benefit the local community tremendously.
The aged buildings of Atlantic City have attracted site seers, but not many residents. Most of the buildings are over 40 years old and beginning to deteriorate so, Boraie’s new construction is a welcome sight. The casinos are still a grand attraction and popular tv shows such as Boardwalk Empire increased tourism and the Cities popularity, but the dilapidated state of residential buildings have put off many potential visitors. Atlantic City must redevelop, reimagine and regain its popularity through new developments, attractions and residential apartments for visitors to comfortably stay in. Visit Central Jersey Working Moms to see more.
Boraie Developments LLC is a family business that operates in the real estate development, management and marketing industry. With Omar Boraie as President and CEO of Boraie Developments and his son, Omar Boraie as Vice President they have managed to change and improve cities, employment opportunities and people’s lives. With its one million square feet of constructions Boraie Developments can be credited with beginning the redevelopment of the New Brunswick area. The Boraie complexes sparked a surge of developments in the area that has led to over $2 billion in other development and community projects. .
Boraie Developments has catered to cities around America and especially in the Brunswick area. It has worked with countless financial institutions, large corporations and has even teamed up with celebrities. In 2013 Boraie and basketball legend Shaquille O’Neal formed a partnership that has remained strong. The Atlantic City apartment project is one such collaboration between the Real Estate Company and O’Neal. Boraie’s influence and development of the New Brunswick area has led to increased employment and opportunities, which Boraies hopes to repeat in Atlantic City with the construction of The Beach at South Inlet. Check out his website boraie.com