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Rising seas projected to exact heavy toll on NJ’s tax base

Rising seas projected to exact heavy toll on NJ’s tax base

Oct 24, 2022 | Announcements, Business News, Chamber News, Community News

An estimated $6.3 billion-plus worth of tax-ratable property could be underwater by 2050 Hurricane Ian stunned Floridians with its destructive force. But its display of the ocean’s power to obliterate neighborhoods like Sanibel Island in a single storm distracts many...
With anniversary of groundbreaking near, ShopRite insists plans for Atlantic City store progressing

With anniversary of groundbreaking near, ShopRite insists plans for Atlantic City store progressing

Oct 24, 2022 | Announcements, Business News, Community News

If a plan falls apart and no one is willing to talk about it, does it make a sound?   It’s been nearly 11 months since Gov. Phil Murphy and other state and local officials broke ground on a new supermarket for the community on Baltic Avenue, near Tanger Outlets...
NJEDA approves $10M in grant funding to reactivate, revitalize Atlantic City and Newark’s commercial corridors

NJEDA approves $10M in grant funding to reactivate, revitalize Atlantic City and Newark’s commercial corridors

Oct 24, 2022 | Announcements, Business News

The New Jersey Economic Development Authority board will support the creation of the Activation, Revitalization, and Transformation Program with $10 million to create two programs, one for Real Estate Rehabilitation and Development projects and one for Public Space...
Esports gaining foothold in Atlantic City as lab unveiled

Esports gaining foothold in Atlantic City as lab unveiled

Oct 24, 2022 | Announcements, Business News, Community News

The fast-growing esports industry has a future here that could bolster the city’s casinos, as well as create jobs and educational opportunities, a speaker said during a forum Tuesday.   Esports and its competitive videos games are a good fit here, keynote speaker...
Survey: Nearly 75% of businesses affected by labor shortage

Survey: Nearly 75% of businesses affected by labor shortage

Oct 24, 2022 | Announcements, Business News, Community News

Iselin-based Provident Bank is out with the results of its 2022 National Labor/Staffing Shortage Survey, which comes at a critical time as businesses face a number of challenges, especially on the hiring front.   The findings, released Oct. 20, reflect feedback...

New cannabis businesses, new apartment approved in Atlantic City

Oct 19, 2022 | Business News

The Casino Reinvestment Development Authority supported two planned cannabis businesses in the city on Tuesday, part of a growing number in the works for the resort. Members also approved new apartments at a former rooming house, one officials described as a notorious...
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