A Philadelphia firm is under contract to renovate the Morris Guards Armory building.
LPMG Companies will spend $3 million to turn the 30,000-square-foot building into a mixed used apartment building, according to a company news release.
Located on New York Avenue between Atlantic and Pacific avenues, the building was built in 1901 as a home for The Morris Guards, an independent military club.
The news was first reported Philly.com.
The company sees Atlantic City as an opportunity to develop business and housing options for the middle market.
“We love Atlantic City," said John Longacre, president of LPMG in a news release."We see a tremendous opportunity for Atlantic City to become not only a weekend destination, but more of a place where people will live all year long and will also pull from the surrounding suburban markets for shopping and entertainment options."
LPMG has been active in Philadelphia, including renovation projects in South Philadelphia.
John J Longacre, President LPMG