“This is the time of hotels,” said Jeff Thaler, Director of Development for Atlantic Planning Development and Design. “Everything has a time and eventually things run out of time. First it was condos, and before that it was big T-shirt shops and bayfront restaurants. This is definitely the largest hotel boom we’ve seen in a long time in Ocean City.”
Up and down Ocean City’s Coastal Highway, and even along West Ocean City’s Route 50 corridor, you can see that the area is in the midst of another growth spurt, or at the very least, a significant makeover.
Thaler says even before the condominium boom in Ocean City that began in the early 2000’s and abruptly ended when the housing bubble burst in 2007, big name brand or flag hotels were interested in coming to Ocean City, but the price of land was much too high.
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4 comments:
NO please do not go there...GLOBAL WARMING...AHHHHHHHHHHHHH
The rendering of the Residence Inn & Suites makes it seems as though it stands alone with ample open space. When in fact it is built only a few feet from RT 90 and is jammed and crammed into the end of a dead end street, where a low density town house project has existed since the 1980's.
OC is greedy in allowing a master plan zoning change a few years ago to allow a 9+- story "Inn" to be stuffed into this location. If you haven't seen it, please ride down 61st Street and take a look.
Cant make any money renting condos,cheaper to stay in a hotel.
With another 4 night minimum during the summer?
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