Major Developers Agree: ‘The Time is Now’ to Invest in Atlantic City

Atlantic City is currently experiencing what many are calling a true development renaissance. From residential housing and mixed-use developments to infrastructure improvements and neighborhood revitalization efforts, momentum is accelerating in every corner of the city.

 As of late spring 2026, more than 40 development projects have already been fully approved and issued building permits by the City of Atlantic City, with construction either currently underway or expected to begin shortly. And that number does not even include several major projects anticipated later this year from nationally recognized developers including K. Hovnanian Homes, Odin Properties, Trax Partners, Pat Fasano, and Renaissance Properties.

 The surge in development activity, and the confidence fueling it, was front and center during Bisnow’s “Atlantic City State of the Market” event held at the Island Waterpark at Showboat Resort. The event brought together developers, investors, and stakeholders for an in-depth discussion on what is driving Atlantic City’s evolution, including infrastructure investment, housing demand, economic diversification, and long-term growth opportunities.

 The panel featured Atlantic City Mayor Marty Small, Sr.; Visit Atlantic City CEO Gary Musich; Tower Investments President Bart Blatstein; developer Pat Fasano; Brian Zoubek of Zoubek Properties; and Philip Balderston of Odin Properties. All of these individuals have a strong belief in Atlantic City’s future.

 “Confidence is here,” Mayor Small told the crowd of roughly 150 attendees, many of whom are either currently investing in Atlantic City or exploring opportunities to do so. “And as mayor of the Great City of Atlantic City, I would want nothing more than for you to continue to invest here, because it’s important.”

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Mayor Small emphasized that the city is committed to being a true partner in development, working alongside investors and developers to help projects succeed from start to finish.

“No project is too big, no project is too small,” he said.

That approach, combined with stable municipal leadership, responsible fiscal management, investments in public safety technology, and a continued focus on making Atlantic City cleaner and safer, is helping create the right environment for development.

For developers, that combination represents opportunity. Mayor Small echoed a phrase increasingly heard throughout Atlantic City’s business and development circles:

“The time is now.”

“Five years from now, it’ll be too late,” added Blatstein, one of the city’s most active and influential developers.

“In Atlantic City, I saw big opportunity,” said Fasano. “The future is bright.”

“I felt the potential here is really huge,” Zoubek said of his decision to invest in Atlantic City. “It provides something that no other shore town has.”

And according to Balderston, the current momentum may only be the beginning.

“You’ll be seeing some big announcements in the coming months,” he said.

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For years, people spoke about what Atlantic City could become. Now, investors are increasingly recognizing what it already is becoming, and that is a city on the rise with unmatched potential.

The projects are happening.

The investment is growing.

The momentum is reaching new heights.

Click to Read the Press of Atlantic City’s Recap of the Event

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