The Atlantic City skyline is about to welcome a distinctive new addition: The Top Hat at The Orange Loop. This boutique hotel, inspired by the iconic Monopoly board game, is set to break ground in 2025, courtesy of New Jersey-based real estate developer RMS Capital. Embracing the whimsical charm of Monopoly’s top hat and racecar token, the three-story building will feature these elements prominently, creating a landmark that pays homage to the game’s rich history rooted in Atlantic City. RMS Capital’s managing partner, Mark Callazzo, is confident that The Top Hat will transcend just being a physical structure; it aims to be a cultural and economic cornerstone in the community.
Located along Tennessee Avenue, The Top Hat promises to energize the Orange Loop area, which has undergone significant transformation from its previous “Dead Zone” reputation. With its planned six rooms and 1,400 square feet of retail space, the hotel will offer a fresh boutique experience without including any casino or gambling facilities. Guests can anticipate a Monopoly-themed stay complete with sets of the game in each room, and a rooftop deck offering stunning views of the city. While the hotel doesn’t host gambling facilities, its proximity to Resorts Casino Hotel and Bally’s ensures that visitors can still enjoy Atlantic City
Mark Callazzo emphasized that The Top Hat is more than just architectural innovation; it’s a testament to Atlantic City’s spirit of resilience and forward-thinking. By strategically aligning with ongoing tourism trends, the hotel plans to offer concierge services to promote the city’s rich array of dining, entertainment, and cultural experiences. This also speaks to a broader vision of revitalizing the local economy by supporting entrepreneurs and enhancing community spaces, such as the upcoming container park project on Tennessee Avenue. RMS Capital is clearly betting on the success of local businesses and the unique experiences they offer to attract tourism and drive economic growth.
While The Top Hat’s focus is not on gambling, its thematic inspiration aligns perfectly with the current trend of intentionally designed, experience-rich environments. Monopoly fans will undoubtedly find the game-themed hotel a must-visit, and its development is set against the backdrop of other significant changes in Atlantic City. Among these changes is Virgin Casino’s recent announcement to rebrand as Monopoly Casino, creating an integrated experience that celebrates the beloved board game. The Top Hat stands as a beacon of new possibilities, a tangible investment in the future of Atlantic City’s community and its enduring allure as a premier destination.
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