Philadelphia developers Post Brothers and Tower Investments, led by Bart Blatstein, have unveiled a $3 billion proposal to redevelop Atlantic City's Bader Field as a waterfront residential community with canals, office and retail space and amenities open to the public. The former municipal airport has been closed since 2006. The new proposal, one of several for the site, would include 10,000 homes and be built over 12 years. Due to New Jersey's 2016 takeover law in Atlantic City, large decisions for the use of land on the scale are made by state government officials.