Sunday, September 28, 2014

Bristol-Myers Squibb to Build New 650,000-SF Campus

by John Jordan, GlobeSt.com
Global pharmaceutical firm Bristol-Myers Squibb Co. reports it will be significantly expanding its presence here with the planned development of a new 650,000-square-foot campus on company-owned land at the intersection of Princeton Pike and Interstate 295.

Construction is expected to begin this fall with occupancy projected at the end of 2016. The company’s worldwide headquarters, which opened in 1971, is located at U.S. Route 206 and Province Line Road. The new campus will allow the company to consolidate operations in leased office space at 777 Scudders Mill Road in Plainsboro Township and at Nassau Park Boulevard in West Windsor Township. The company currently employs more than 2,000 people at the Route 206 headquarters campus and more than 6,000 in central New Jersey. Once work is completed, as many as 2,500 people will work at the new Lawrenceville facility.

The Princeton Pike location was purchased by Bristol-Myers Squibb from RCN Corp. in 2001, company officials state.

“We are proud to expand our presence in Lawrenceville, a community that has been home to our company for more than 40 years,” says Bristol-Myers Squibb CEO Lamberto Andreotti. “Our new campus will create a dynamic and modern workplace to advance the important work that our employees are doing to discover, develop and deliver innovative medicines for patients with serious diseases.”

“I'm excited that Bristol-Myers Squibb has decided to increase their investment in Lawrence Township,” says Lawrence Township Mayor Cathleen Lewis. “The company has been a constant partner in making Lawrence Township a great community; this new project will continue that legacy. We appreciate the confidence Bristol-Myers Squibb has shown in our town and it is another sign that Lawrence is a great place for businesses to invest.” The Lawrence Township Planning Board unanimously approved final site plans for the new campus in June.

The company says the new facility represents “the company’s broader strategic initiative to "modernize its facilities through improved technology, more efficient design and workspace that enables collaboration, creativity and innovation.” The working environment will be both wired and wireless to enable employees to access the applications and information they need no matter where they are on the campus.

The new campus buildings are targeted to meet LEED certification standards for energy and environmental design. Most mechanical equipment will be located below ground to reduce noise. A segment of the Lawrence Hopewell Trail on the campus will link to a network of walking paths on the property, and nearly half of the 134-acre tract will remain working farmland. There will be preferred parking areas for hybrid vehicles and indoor bicycle racks. The parking areas will be paved with porous pavement to reduce runoff and promote recharging of groundwater aquifers.
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