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NJFuture Redevelopment Forum 2016 Michnewicz

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Presentation from New Suburbanism session

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NJFuture Redevelopment Forum 2016 Michnewicz

  1. 1. 2 • Office vacancy rates in New Jersey are estimated to be around 15-20% – Vacancies are significantly lower in urban areas, particularly along the Hudson River waterfront • Companies continue to respond to a philosophical shift that prioritizes culture, collaboration, and accessibility • Office and administrative support jobs in New Jersey have dropped by over 118,000 from 2003-2015 • NJ’s office parks are aging – most were built more than 25 years ago
  2. 2. • Built by world-famous architect Eero Saarinen in 1962 • Comprised of four buildings, fully encased in glass, totaling 2 million square feet • Located minutes from the Garden State Parkway in suburban Holmdel • Served as research facility until 2007 3
  3. 3. 4 1956 First Transatlantic Telephone Cable 1958 Laser 1959 Horn Antenna & Transmission Dish 1959–62 Construction of Bell Laboratory 1960–64 Project Echo, Experimental Balloon Satellite 1961 Continuously Operated Laser Beam
  4. 4. 5 1962 Bellboy Pager 1962 Telstar I 1963 Touch-tone Telephone 1969–72 UNIX Operating System 1978–80 Commercial Cellular Network and Digital Cellular Phone 1988 Fiber Optic Cable Laid Across Atlantic
  5. 5. 6 Office Retail Dining Healthcare Hospitality Community Services Recreation
  6. 6. 7
  7. 7. 8 • Installed new flooring and lighting • Created café and collaboration space • Revitalized elevator lobbies and elevators • Refurbishing parking area • Implemented pre-built office program • Revamped infrastructure / HVAC
  8. 8. 9
  9. 9. 10 Facebook.com/BellWorks Twitter.com/BellWorksNJ Instagram.com/BellWorks

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