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Attention: Real Estate and Business Editors
Twelve Jersey Projects Win NJBIA's New Good
Neighbor Awards
 News Release: June 6, 2001
Winners Honored at June 5th Luncheon at Woodbridge Sheraton
The New Jersey Business & Industry Association presented its 2001 New Good Neighbor Award to 12 development projects across the state in a luncheon ceremony at the Sheraton at Woodbridge Place in Iselin on Tuesday, June 5.

The 12 winners were selected from 33 nominated projects that have a combined construction value of nearly $254 million and employ 7,400 people. Winning projects ranged from the renovation of the 1930s National Newark Building in Newark to Schering-Plough's brand new world headquarters in Kenilworth.

"While the numbers alone are impressive, as they are every year, none of these projects could have been built without your vision and entrepreneurial spirit," NJBIA Chairman Alexander McWilliams III told the crowd of more than 200 builders, architects, and local officials. "And for that the people of New Jersey owe you a debt of gratitude."

NJBIA President Joe Gonzalez noted that half of the twelve winners were projects located in New Jersey cities. Awards were given to three projects in Newark (550 Broad Street, the National Newark Building, and Welco Gas); two in Jersey City (Martin Luther King Drive Plaza and Harborside Financial Center, Plaza 4A); and one in Camden (The Coriell Institute).

The New Good Neighbor Awards program, now celebrating its 41st year, recognizes newly built or renovated facilities that have created jobs and contributed to the quality of life in their communities. A panel of independent judges painstakingly reviewed the criteria of the 33 nominated projects and selected the winners based on architectural merit, jobs created and community involvement. A variety of people including mayors and a state Senator, as well as local economic development and chamber of commerce officials, nominated the projects.

Bristol-Myers Squibb Company, Damon G. Douglas Company, Fleet, Granite Capital, Mercer County Improvement Authority, New Jersey Natural Gas Company, and The Strategy Group sponsored the luncheon.

A list of twelve winners appears below. For more detailed information about the winners, contact Chris Biddle at 609-393-7707, ext. 227, or Steve Wilson, ext. 245.

550 Broad Street, Newark
Construction Cost: $2 million
Permanent Employment: 350
Use: Multiple corporate offices
Coriell Institute for Medical Research, Camden
Construction Cost: $5.6 million
Permanent Employment: 90
Use: Medical research center
Datascope Corp.-Patient Monitoring Division, Mahwah
Construction Cost: $17 million
Permanent Employment: 300
Use: Offices and manufacturing facility
The Haines Industrial Center, Burlington Twp.
Construction Cost: $15 million
Permanent Employment: 700
Use: Industrial park
Harborside Financial Center, Plaza 4A, Jersey City
Construction Cost: $50 million
Permanent Employment: 500-700
Use: Offices and parking garage
Northern New Jersey Council-Boy Scouts of America Service Center, Oakland
Construction Cost: $3.58 million
Permanent Employment: 36
Use: Regional center for Boy Scouts of America
Schering-Plough Corporation World Headquarters, Kenilworth
Property Value: $18 million
Permanent Employment: 250
Use: Corporate headquarters
Seven Giralda Farms, Madison
Construction Cost: $4 million
Permanent Employment: 325
Use: East coast corporate headquarters
Tech II-Technology Centre of New Jersey, North Brunswick
Construction Cost: $11.5 million
Permanent Employment: 60
Use: Multi-tenant tech center
The Martin Luther King Drive Plaza, Jersey City
Construction Cost: $7 million
Permanent Employment: 175
Use: Shopping center
The National Newark Building, Newark
Construction Cost: $55 million
Permanent Employment: 2,000
Use: East coast corporate headquarters
Welco-CGI Gas Technologies Gas Production Facilities, Newark
Construction Cost: $5 million
Permanent Employment: 230
Use: Showroom, headquarters and distribution center.

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