Atlantic City officials and homebuilder K. Hovnanian Homes held a ground‑breaking ceremony on Wednesday, August 12, 2026, to launch the Terraces at Absecon Inlet residential project. The event marked the official start of construction on the new development located at the Absecon Inlet area of the city.
The Terraces at Absecon Inlet is being built by K. Hovnanian Homes as a new housing community within Atlantic City limits. The development is intended to add additional residential units to the local market, expanding the range of housing options available to residents and prospective buyers in the area.
City leaders noted that the project aligns with ongoing regional development initiatives aimed at bolstering the housing stock across the broader Atlantic City region. By introducing new residential capacity, the Terraces at Absecon Inlet is expected to contribute to the city’s efforts to accommodate growing demand for housing and to support the local economy through construction activity and future occupancy.
The ground‑breaking ceremony was attended by representatives from the municipal government and K. Hovnanian Homes, who together highlighted the significance of the project for the community. Construction is set to begin immediately following the ceremony, with the development slated to progress according to the builder’s schedule as part of Atlantic City’s broader strategy to increase housing availability.