$30 Million To Transform Point Pleasant Beach
Check it out Rat Rockers a $30 million development project has been thrown on the table that could change Point Pleasant Beach around.
Some of the new things would be a brand-new hotel, some new retail stores, and new apartments. This would all be down the street from Jenks Boardwalk, about 5 blocks away.
Point Pleasant says this transformation will bring in some new revenue to the beach area. These brand-new additions should and could create 100 jobs and add $400,000 annually in taxes. Most of this plan would turn a bank that is not in business into a hotel run by Wyndham.
The Wyndham hotel would be 58 rooms and would be located at Atlantic Ave and Route 35. Do 58 rooms seem like enough? Well, the Wyndham Hotel says “Gone are the days of 200 to 300 rooms that really are half-empty.” It was the old “Bank Of America” which closed down just about 4 years ago.
Here at the Rat, we would love to hear what your outlook is on this redevelopment project, especially if you live by or even in the town of Point Pleasant. Good Idea or bad idea?
Now if this does go through we would start to see the work and the groundbreaking teams start working most likely by next year.
Thank you for taking the time out to read this post, and as always thank you for always rocking out with me and 95.9 The Rat- Gotts
Point Pleasant Festival of the Sea