A new boutique hotel that will give Atlantic City visitors a non-casino lodging option is gearing up for its launch as The Top Hat is slated for an October opening.
Jersey Digs covered the groundbreaking of the hotel back in early 2025. Situated at 215 South Tennessee Avenue at the site of a former surface parking lot, the project comes courtesy of Mark Callazzo and Lakehurst-based RMS Capital.
The group also own several Atlantic City businesses including the Tennessee Avenue Beer Hall, Cuzzie’s Pizzeria, Bar 32, and others. The Top Hat will be inspired by Atlantic City’s iconic board game legacy, the streets of which themselves inspired the property names used in Monopoly.
Designed by Long Branch-based Parallel Architectural Group, the property will have 1,400 square feet of ground-floor commercial frontage and boutique hotel-style short-term rental spaces on the upper level. The facility will boast six bedrooms accommodating up to 12 guests plus a rooftop deck offering sweeping Atlantic City views.
The Top Hat motif hopes to not only pay homage to the board game but establish a new cultural landmark in Atlantic City. The project was partially financed via a $1 million grant from the New Jersey Economic Development Authority.
The so-called “Orange Loop” neighborhood where The Top Hat lies is named for the properties colored orange in Monopoly, specifically St. James Place, Tennessee Avenue, and New York Avenue. The area is starting to draw significant development interest from developers, recently welcoming the newly completed The Residences townhouse complex.
The AC Container Park, a new retail complex, is also slated to open in the neighborhood before the end of the year.
