Tuesday, November 7, 2023

BG Capital to unveil next development in Downtown Wildwood ~ The Residences at Pacific groundbreaking event set for Saturday, November 11th


WILDWOOD, NJ BG Capital will formally introduce its latest investment in the Wildwoods, The Residences at Pacific, with a Groundbreaking Event on Saturday, November 11.

The public is invited to take part in the festivities, which will be held from noon to 2 pm at 3700 Pacific Avenue (the former location of the Shamrock Cafe) and include a live broadcast from 98.7 The Coast.

Following the ceremony, light refreshments will be served across the street at Fairview Social, located on the ground floor of Seaport Suites (3615 Pacific Avenue). This reception will offer an exclusive opportunity to meet the builder and architect behind the Residences at Pacific, along with information about the newest developments on the island.

[Spoiler Alert: We’re Just Getting Started!]

The event is being sponsored by Lauren MacDonald, eXp Realty and Cape May County-based Shore Title.

The Residences at Pacific

Coming to Downtown Wildwood for Summer 2024, The Residences at Pacific is a stunning luxury condominium development bordering Pacific Avenue. 

These elegant 3-bedroom, 2.5-bathroom retreat-like vacation homes promise to offer the perfect blend of modern comfort and coastal charm. With its impeccable design, high-end features and prime location, this will be the epitome of coastal living at its finest.

This community offers a private shared pool, storage, 2-car parking, convenient access to the area’s finest restaurants and entertainment venues, plus a 20-YEAR TAX ABATEMENT!

The Residences at Pacific is being built by the prestigious developer M.W. Mitchell, from designs by Brian Newswanger of Atlantes Architects. 

For additional information, contact us today at Sales@ResidencesAtPacific.com.

** Tax abatement and shared pool access are both contingent on their respective approvals

A Continued Wave of Development… and Investment!

The Residences at Pacific represents BG Capital’s latest in a series of major investment projects in the Wildwoods over the past half-decade.

Next Saturday’s groundbreaking puts an exclamation point on a banner 2023, a year that saw the debuts of two game-changing developments in Downtown Wildwood - Seaport Suites and Oasis by Seaport.

Open year-round, Seaport Suites is a new 63-room hotel offering spacious, luxurious suites with modern décor. Located at 3601 Pacific Avenue, the complex houses an exclusive pool with cabanas, along with three bar/restaurant venues, including the year-round Fairview Social.

Oasis by Seaport consists of 38 residential units on a 1.75 acre tract, with the main office near New Jersey & Magnolia Avenues. Its central shared space, Oasis, features a pool, kid water activity center, hot tubs, fire pits, and recreation options galore.

In 2022, BG Capital opened the Seaport Inn, a dramatic transformation of the former Isle of Capri Motel in North Wildwood. The 21-unit motel was completely renovated and refurbished to modern tastes.

The Seaport brand was initiated in 2018 with the creation of Seaport Pier, the multi-purpose venue that also marked BG Capital’s arrival in the Wildwoods.

Over the past 5 years, Seaport Pier, located at 22nd & Boardwalk in North Wildwood, has been established as one of the island’s premier entertainment and leisure hubs. Its many offerings and accommodations include Wildwood’s one and only beachfront family-friendly bar & grill, a spacious live music venue and the only private swim club on the Boardwalk.

“We will continue to raise the bar and deliver a high-quality product that we stand behind. Our investment in The Residences at Pacific is no different,” said Joseph Byrne, co-founder of BG Capital. “There has been a demand for the revitalization of Pacific Avenue for decades and we’re proud of the footprint we have created.

“The impact has encouraged emerging development on the island from like-minded builders ultimately, appreciating the surrounding area’s property values, stimulating year-round residency and profitability for local businesses.”

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