NUTLEY, NJ — A new restaurant. A neighborhood grocer. A hotel with a rooftop bar. And an 11-acre parcel that may eventually become home to a data center. These are some of the latest developments (and possible developments to come) at the ON3 complex in Nutley and Clifton.
Prism Capital Partners acquired the 116-acre property on Route 3 in 2016 after it was left vacant by the former owner, pharmaceutical giant Hoffman-La Roche.
Over the past several years, the firm has been redeveloping the sprawling complex, which now hosts tenants that include Ralph Lauren and the Hackensack Meridian School of Medicine. Other tenants include Starbucks, Chase and Chipotle.
Last week, the company gave an update about what's been happening at ON3, and what is planned for the near future.
The list included:
"ON3 is at a pivotal moment," noted Edwin Cohen, a principal partner at Prism. "The next phases of development will establish the campus's true 24/7 environment."
"We built it – they came," Cohen said.
The township has had a checkered past with the developers of ON3, who have seen pushback over previous proposals for the property and concerns about traffic, environmental impacts, and strains on local infrastructure.
>> READ MORE: Nutley, Developer Continue Shoving Match Over 'ON3' Complex
Prism has claimed that some of these concerns have been addressed, with an on-site power plant helping to reduce energy draw from the grid. Other improvements to the campus have included nearly 4,400 parking spaces in three locations, new sewer and storm water systems, and a reduction in "impervious coverage" from 97 percent to about 80 percent via more green space and other natural features, the firm said.
Prism released a summary of its Phase IV plans for the campus two years ago, which can be seen here.
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