Atlantic City Bader Field Future Will Feature Housing, Stores and a Racetrack at a cost of $3 Billion.

A developer wants to build an almost $3 billion project on the site of the old Bader Field.

According to the developer, the project would create more than 1,500 jobs.

New Jersey’s Department of Community Affairs has the final say on the site’s future based on a state takeover law from 2016 according to CBS News.

Bart Blatstein, CEO of Tower Investments, Inc. and owner of Showboat Atlantic City, announced Monday a joint proposal to develop a large-scale residential community project in Atlantic City at Bader Field.

The new project will be called ” Casa Mar” and will be 140 acres at a cost of $3 billion.

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