Demolition began on the Eldredge Building, which has stood in Atlantic City for nearly a century, on June 8 to make way for the Phase II Residence Hall for Stockton University’s Atlantic City campus.
Atlantic City Development Corp. is a partner on the project, and Lawrenceville-based Jingoli is the general contractor and construction manager.
The six-story building is being demolished floor by floor due to its proximity to other structures. Work is expected to last through the summer, and excavation and foundations should begin by the fall.
“We are thrilled that the project is making progress and look forward to welcoming students in the fall of 2023,” said Donald Hudson, vice president of facilities and operations at Stockton University in a prepared statement.
The Eldredge Building’s replacement will be a 135,000-square-foot, six-story, 416-bed apartment-style residence hall built to house Stockton’s students. Situated at Atlantic and South Providence avenues and across from O’Donnell Park, the $70 million project will be primarily financed by bonds issued by the Atlantic County Improvement Authority and a $10.3 million loan from the Casino Reinvestment Development Authority.