Atlantic City Developers Receive $2.5M NJEDA Grant to Continue Revitalization and Growth of Tennessee Avenue

MAP 3 Partners LLC, which includes developers Mark Callazzo, Adam Zengel and Paige Washington, key players in the revitalization of Atlantic City’s Tennessee Avenue, is set to receive a grant of $2,484,850 from the New Jersey Economic Development Authority (NJEDA). The grant will be used towards the continued growth of Tennessee Avenue and includes the creation of a container park, a transformative project of entertainment and community spaces aimed at further enhancing the vibrancy of Atlantic City. The grant is part of NJEDA’s initiative to support recovery in cities that faced severe economic challenges during the pandemic.

“With the financial assistance from the NJEDA, we and others are able to make significant changes to areas of Atlantic City to create new neighborhoods for both visitors and residents to enjoy,” said Adam Zengel of MAP 3 Partners. “This container park and other revitalization projects, underscores my and my partners’ continued commitment to the economic resurgence of the resort, transforming vacant and neglected spaces into vibrant community hubs.”

Key Features of Tenn Ave AC:

Located at 1400 Pacific Avenue, at the corner of Tennessee Avenue, the park will utilize a mix of renovated shipping containers and traditional brick & mortar structures.

Paige Washington, of MAP 3 Partners, states: “Tenn Ave AC takes a ‘main street’ approach to small business and locally-centered development, whether it’s improving access to fresh food, supporting innovative restaurants, makers, and creators or curating dynamic economic and entertainment opportunities.”

Tenn Ave AC will include:

  • Fresh Food: Local farms and small businesses will bring a much-needed variety of produce and products, while some containers will serve as hydroponic farms for growing mushrooms and vegetables
  • Retail Spaces: Containers will feature retail spaces for vendors, with a strong emphasis on supporting both established and new local businesses
  • Classrooms and Community Spaces: Dedicated areas for education, art and community gathering
  • Rooftop Outdoor Seating: Overlooking the vibrant landscape of Tennessee Ave
  • Art Installations and Roadside Murals: Enhancing the aesthetic appeal of the container park

Construction is slated to start this year. The MAP 3 Partners are currently looking for tenants for the retail spaces. Those interested can contact: info@tennaveac.com

Cigar Lounge:

Callazzo, co-owner of five restaurants and bars along Tennessee Avenue, recently announced the opening of a premier cigar lounge in Atlantic City, scheduled for Spring 2024. Positioned as the sole cigar lounge in the city, Tennessee Avenue Tobacco Company will stand out as a haven for cigar aficionados, offering the largest selection of cigars in the area.

ABOUT TENNESSEE AVE:

Tennessee Avenue, the most exciting street in Atlantic City is home to five restaurants and bars tennaveac.com. Bar 32 Chocolate is NJ’s only bean to bar chocolate producer and a destination for decadent desserts and hand-crafted cocktails. Located at 121 S Tennessee Avenue (609)248-6940 bar32chocolate.com. Cuzzie’s Pizzeria & Kitchen is an Italian American  restaurant that serves pizza, sandwiches and Italian American favorites. Located at 131 S Tennessee(609)350-6852 cuzziespizzeria.com. Rhythm & Spirits is an inspired Italian restaurant and craft cocktail bar known for their weekend brunch and live entertainment located 129 S Tennessee Avenue (609)350-6852 rhythmandspirits.com. Tennessee Avenue Beer Hall features 40 rotating draft beers and gastro pub menu with live music on the weekends. Located at 133 S Tennessee Avenue 609-541-4099 tennesseeavenuebeerhall.com. The Beer Hall is also home to Chucktown BBQ located adjacent to the outdoor Beer Yard.

Facebook
Twitter
LinkedIn
Pinterest