Our inside sources tell us that they were at a recent Cape May City meeting and the developer ended the meeting early on this $100 million 168-room hotel that would look like hotels that were built back in the early 1900s.

DAS Architects, which are located in Philadelphia, designed the building to look grand and have restaurants, shops, cafés and include a massive ballroom.

According to our inside sources from Cape May, the project will probably NOT go forward but still not officially a dead deal as of the time we wrote this blog post. Stay with us for updates on this story.