Stockton University and the Atlantic City Development Corp. said Friday they plan to proceed with Phase II construction at Stockton University Atlantic City.
The construction will be a public-private partnership with AC Devco, which developed the first Gateway initiative that includes the Stockton Atlantic City campus, South Jersey Gas headquarters and AtlantiCare Urgent Care.
A new student residence hall will feature apartment-style living with a total of 416 beds. It will be constructed in the University District, at the site of the Eldredge Building at Atlantic and South Providence avenues, across from O’Donnell Memorial Park and near the Atlantic City campus.
The 140,000-square-foot building will have a lounge, meeting room and laundry facilities. Residents will have access to parking in the existing parking garage.
“Stockton University and its partners set the stage for a new economic development strategy with the Gateway initiative,” AC Devco President Christopher Paladino said in a prepared statement. “Today thousands of students, staff, visitors, and employees of Stockton, South Jersey Gas and AtlantiCare have changed the tempo of the streets of Chelsea. This Phase II investment will further add to the vibrancy of the neighborhood.”
Stockton Atlantic City opened in fall 2018 with an academic building, 543-bed residential complex and parking garage. This spring, almost 1,500 students are taking at least one class in the John F. Scarpa Academic Center.
Demolition of the Eldredge Building is projected for summer 2020 with construction of the new Residence Hall to begin in the fall.
The target completion date for students to move in is fall 2022.