ON3 represents New Jersey’s largest contemplated redevelopment. Prism Capital Partners’ ambitious initiative is transforming the 116-acre former Hoffmann-La Roche campus – located on Route 3 just nine miles from the Lincoln Tunnel – into a multi-tenant, next-generation lifestyle hub.
The vision for ON3 includes a world-class, mixed-use setting integrating office and R&D facilities, educational, recreational, residential, hospitality and wellness options, as well as other uses. Spanning the Township of Nutley and the City of Clifton, ON3 serves as a showplace for the “new urbanist” philosophy that is driving the suburban municipalities to redesign their downtowns and commercial corridors for 24/7 convenience living.
Already, ON3 has emerged as one of the most highly sought-after commercial addresses in New Jersey. The campus houses office users including The Ralph Lauren Corporation at 100 Metro Boulevard; Eisai Inc. (a Japanese pharmaceutical company) at 200 Metro Boulevard; and the Hackensack-Meridian School of Medicine and Seton Hall University’s Graduate College of Nursing and School of Health and Medical Sciences at 123 Metro Boulevard. Meanwhile, 111 Ideation Way houses laboratory facilities for biofabrication company Modern Meadow and the Hackensack Meridian Health Center for Discovery and Innovation. Additionally, Quest Diagnostics built and occupies a 250,000-square-foot, state-of-the-art diagnostic testing laboratory facility on the campus.
The ON3 campus offers a variety of build-to-suit development opportunities supported by state-of-the-art infrastructure. Prism Capital Partners already has completed a multi-tier, $30 million site work development program to support the campus’ full build-out. This included the addition and rebranding of streets, and comprehensive streetscaping and landscaping on the east portion of the campus, as well as the creation of new internal roadways on the balance of the site to support coming tenants and future development. Additional components included the installation of new sewer and storm water systems, and a rewiring of PSEG’s connections to the campus electric grid and 10-megawatt, onsite cogeneration facility to enhance redundancy.