OCEAN CITY, N.J. (WPVI) — The Ocean City boardwalk could look very different in the future, as townhomes may replace the site of the iconic Gillian’s Wonderland Pier.

Developer Eustace Mita, who owns the shuttered amusement park property, is weighing two offers for residential development. One of those is a $25 million written offer from Philip Norcross, the brother of Democratic power broker George Norcross.

MORE | Future of shuttered Gillian’s Wonderland Pier uncertain after OC Council vote

Mita says there’s also a pending offer from Ryan Homes.

Mita had previously planned to redevelop the site into a luxury hotel, but that proposal was voted down by the Ocean City Council in August. In a 6-1 vote, council members rejected a resolution that would have designated the property as an area in need of redevelopment, effectively halting the plan.

“I feel terrible for Ocean City because they just missed the opportunity of a lifetime,” Mita told Action News at the time.

The site is not zoned for townhomes either, which means the new proposals would still be subjected to a similar process with City Council.

Mita purchased the property in 2021. Gillian’s Wonderland Pier, a fixture on the boardwalk for 94 years, closed in 2024.

RELATED: Developer hopes to turn shuttered Wonderland Pier into 252-room hotel

Ocean City developer hopes to turn shuttered Wonderland Pier into 252-room hotel

Copyright © 2025 WPVI-TV. All Rights Reserved.