$159M 5-Year Capital Plan Announced For Ocean City

OCEAN CITY, NJ — New buildings, upgrades to existing ones and general improvements to the island are in store with Ocean City’s proposed $159.4 million five-year capital plan.

The spending plan, stretching from 2024 to 2028, was introduced by Chief Financial Officer Frank Donato and Operations and Engineering Department Director Vince Bekier at the latest City Council meeting, after Donato gave a presentation on the proposed 2024 municipal budget. Read more: Taxes Up In Ocean City’s $110M 2024-25 Budget

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Among the projects planned are a $30 million renovation and expansion of the existing public safety building. While Mayor Jay Gillian had wanted to replace it entirely to combine police and fire departments, that idea fell through due to a high estimated cost.

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A separate police substation will be constructed on the Boardwalk at Eighth Street, and officials said they hope to start that by July.

Public safety makes up the bulk of the budget, but there are a variety of other projects planned. The Boardwalk will be strengthened and widened from St. James to Fifth Street, at a cost of $10 million using $4.8 million from the state Boardwalk Preservation Grant.

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Bids will go out soon for a new affordable housing complex that will replace the old senior units at Peck’s Beach.

The envelope of Music Pier will be renovated, along with some of the interior like offices and dressing rooms.

Also in store are a number of back bay dredging projects, and road construction and flood mitigation.

You can see the slides here and watch the video of the presentation here.


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