Sunday, April 3, 2022 / by Teresa DiPeso
The state of New Jersey recognizes a two-mile stretch of Wildwood — mostly in Wildwood Crest — as the "Wildwood Shore Resort Historic District" between Atlantic and Ocean avenues. There's even a Doo Wop Preservation League that works with city officials and local business owners to keep as many of these structures intact for future generations to enjoy.
The fact remains, however, that dozens of motels at the Jersey Shore have been demolished to make way for condominiums or have otherwise been converted into condos over the past few decades.
It comes as a pleasant surprise when plans emerge to give one of these buildings a face lift and a new lease on life.
Philadelphia-based developer BG Capital, one of the most active builders currently working in Wildwood, announced Tuesday that it has purchased the Isle of Capri Motel in North Wildwood and will renovate the property with plans to reopen as the Seaport Inn for the summer season in 2022.
BG Capital's development plans in Wildwood have been heavily concentrated along Pacific Avenue.
The company is slated to build a residential complex containing 38 town homes and duplexes at the site of the former St. Anne's/Cape Trinity School on East Magnolia Avenue, with homes running east to west from Pacific to New Jersey avenues and north to south from Magnolia to Glenwood avenues.
BG Capital also acquired all of the properties along the west side of the 3800 block of Pacific Ave. last January, including the vacant VFW Post 3509 building and the former Joey M’s La Piazza Cucina next door.
The company also is working on a 74-unit residential development on several Pacific Avenue lots that will house international student workers who come to work in the shore town during the summer months.
And in January, BG Capital helped to preserve and relocate the original structure of Shamrock Beef & Ale, which closed during the pandemic after an iconic 80-year-run in Wildwood. The developer is believed to be working on plans for a new project yet to be announced at the Shamrock site.