By Nicholas Pugliese | July 4, 2019

The U.S. Army Corps of Engineers estimates that Shore communities in New Jersey will soon face a combined average of $1.6 billion in storm damage every year if no more action is taken to protect the coast from rising sea levels.

And preventing that flooding will require massive investments of public funds.

Recognizing both a threat and an opportunity, Stockton University is hoping to open a coastal resiliency institute at its new campus in Atlantic City.

“In addition to being a significant public policy issue, it is also a growth industry that Atlantic City is well-positioned to be involved in,” James Rutala, a consultant for the university, said at a forum hosted by Stockton earlier this week.