- Completion: Between September 2015 and March 2016 (ribbon cutting ceremony October 26, 2015)
- Location: Atlantic City
- Size: 89 townhomes
- Developer: Procida Realty & Construction
- Investment: $16 million
Procida Realty and Construction intends to build a market rate, 89-townhome-style-rental-unit (Carolina Crescent phase bound by Mediterranean, Drexel, South Carolina and Tennessee avenues; Connecticut Crescent phase bound by Connecticut, Congress, Baltic and Mediterranean avenues). The three-story structures will feature first floor units with two bedrooms while the second and third floor units will have three bedrooms. All units will be available to residents at up to 60% of median income. This project has an estimated cost of $16 million. Construction is currently ongoing at both projects and completion is anticipated between September 2015 and March 2016.