NUTLEY, NJ - The Nutley Board of Commissioners passed a resolution at Monday's special meeting formally approving the Phase 2A redevelopment plan for the On3 campus. The plan approval was previously announced at the August 7 BOC meeting. Monday's meeting formally passed the resolution.
The plan subdivides a part of the property into separate parcels for existing buildings on the Nutley side of the project. The Redevelopment Plan establishes the Land Use, Bulk Standards, Design Criteria, and Building Requirements on 11.88 acres of the ON3 campus in Nutley named Project Area 2A.
The On3 redevelopment project is converting the former Roche campus into a center for business and bio-science.
Ralph Lauren will occupy 100 Metro Blvd. That building is immediately to the left of the main entrance on Kingsland St at Bloomfield Ave. The fashion and home furnishings company is expected to occupy the space by the end of 2019. 250 new jobs are expected to be create in Nutley. In 2017, a Grow NJ grant of $33.1 million in tax credits which was approved by the New Jersey Economic Development Authority (NJEDA).
The plan will also create an additional parking lot called Lot V. Lot V will include a parking deck and courtyard for both 100 and 200 Metro Blvd.
Hackensack Meridian School of Medicine welcomed the first medical students to the campus this summer. The School of Medicine, Seton Hall’s College of Nursing, and SHU’s School of Health and Medical Sciences are educating their students in a unique interdisciplinary curriculum. This partnership is providing a world class education for all students on a state-of-the-art Interprofessional Health Sciences campus located in Nutley and Clifton.
In the summer 2017, Modern Meadow a bio-fabrication company that produces bio-manufactured leather was the first tenant to move onto the ON3 campus. They occupy 73,000 square feet of Building 102, a research and development building on the eastern part of the campus. Their relocation from Brooklyn was helped in part by a Grow NJ grant of $32 million in tax credits which was approved by the NJEDA. Modern Meadow plans to add 200 employees by 2020.
Quest Diagnostics will also be relocating to ON3 in Clifton in a new 250,000 square foot facility, also supported by a NJEDA grant.
The re-development of the ON3 campus is expected to help Nutley re-coup some the $10 million in taxes that Roche was paying before it ceased operations in 2013. Since that time, Nutley was able to negotiate with the state to secure transitional aid which helped offset some of the loss in revenue caused by Roche’s departure. New development in town, although controversial, has added over $80 million in accessible value and increased revenue by $2.2 million. The transitional aid coupled with the new development has avoided what could have been devastating consequences for Nutley taxpayers.
The special meeting was announced by public notice last week. The meeting was held in lieu of the regularly scheduled Board of Commissioners meeting that was to be held Tuesday Aug. 21. The Aug 21 meeting was canceled. Mayor Scarpelli and Commissioner Rogers attended the meeting in person. Commissioners Tucci and Evans attended the meeting via phone conference. Commissioner Petracco was absent/excused. There were no public comments about the resolution, the only citizen in attendance questioned the credentials of the municipal clerk.
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