Atlantic City is preparing to welcome The Top Hat, a six-room boutique hotel inspired by the classic Monopoly board game. Rising in the Orange Loop district, the $2.5 million project will feature a rooftop deck, playful architectural details and space for private group stays when it is scheduled to open in October.

Key takeaways

  • The Top Hat is planned for completion in October.
  • The three-story hotel will have six rooms for up to 12 guests.
  • A rooftop deck will offer views of the ocean and Atlantic City skyline.
  • The ground floor will include about 1,400 square feet of retail and commercial space.
  • The project is designed as a non-gaming lodging option near the Boardwalk.

The project is being developed by RMS Capital at 215 S. Tennessee Ave., on a formerly vacant lot several blocks from the Atlantic City Boardwalk. Its location places guests within walking distance of the beach, the Orange Loop’s restaurants and entertainment venues, and the city’s central attractions.

A hotel designed to stand out

Parallel Architectural Group designed the building with visual cues that connect it to Monopoly. A large top hat will sit atop the structure, while a race car will appear to extend from the facade. The distinctive exterior could give the Tennessee Avenue corridor a memorable new landmark and a fun backdrop for visitors exploring the neighborhood.

The rooftop deck will add another draw, with views stretching toward the Atlantic Ocean and the Atlantic City skyline. For guests, it could become a natural gathering place before a night out or a relaxed spot to take in the city from above.

Small-scale lodging with a group option

The Top Hat will include six guest rooms, with a maximum capacity of 12 people. Developers also plan to offer the entire property for private group reservations, a format that could appeal to families, friends and visitors planning celebrations or weekend getaways.

Its small size gives the hotel a more intimate feel than a traditional resort property. That approach fits the Orange Loop, where independent businesses and walkable experiences have helped bring fresh energy to an area that continues to evolve.

Supporting the Orange Loop

The ground floor will feature approximately 1,400 square feet of retail and commercial space, adding activity at street level and creating room for another business to serve residents and visitors. The project’s developers describe the hotel as part of the district’s continued growth and a way to expand Atlantic City’s visitor experience beyond casino gaming.

The development carries an estimated cost of $2.5 million. Funding includes a $1 million grant from the New Jersey Economic Development Authority, $1 million in senior debt through Alpha Funding Capital and a $500,000 equity investment.

With its October target, The Top Hat is poised to bring a playful new lodging choice to Atlantic City just as travelers begin planning fall and holiday visits. Its Monopoly-inspired design, rooftop views and private-booking option could make it one of the Orange Loop’s most distinctive additions.


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