Atlantic City's Development Renaissance Continues with New K. Hovnanian Inlet Townhomes Groundbreaking

The shovels are officially in the ground on another major residential development in Atlantic City that is moving from plans to reality.

Mayor Marty Small, Sr. joined nationally recognized developer K. Hovnanian® Homes to break ground on Terraces at Absecon Inlet, a 38-townhome waterfront development in the city's Inlet section. The groundbreaking comes as Atlantic City continues to experience a surge of development activity and growing interest from developers looking to invest in the city's future. New residential projects are advancing across the city, adding housing, transforming previously underutilized properties and bringing new private investment into Atlantic City's neighborhoods.

For the Small Administration, growing development is a sign that confidence in Atlantic City is continuing to build.

Terraces at Absecon Inlet is particularly significant because of K. Hovnanian Homes' return to the Atlantic City market. The developer is investing in a project that will bring new waterfront housing just steps from the beach and Boardwalk. The four-story townhomes will feature approximately 1,848 square feet of living space, three bedrooms, 3.5 bathrooms, two-car tandem garages, open-concept living areas and top-level balconies designed to embrace the city's coastal setting.

The first phase will include five buildings, a furnished model home and select quick move-in opportunities, with the first home deliveries anticipated as early as summer 2027.

The Inlet section itself has become a notable area of new residential activity, with projects such as Lighthouse Row adding to the neighborhood's growing residential presence.

But the development story extends well beyond the Inlet.

Atlantic City has more than 40 fully permitted development projects, with new residential, commercial and mixed-use projects moving forward throughout the city. At the same time, more than $250 million in infrastructure investment is currently being spent or committed to improvements across Atlantic City.

That combination of private development and public infrastructure investment is helping create the conditions for continued growth.

From new homes to upgraded roads, sidewalks, public spaces and resiliency projects, Atlantic City is undergoing a transformation that is increasingly visible throughout the city. And as construction begins at Terraces at Absecon Inlet, Atlantic City's residential landscape gets larger as another chapter is written in the city's development renaissance story.

Photos by City of Atlantic City Photographer Edward Lea

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