Prism Breaks Ground on Hackensack Meridian Health Ambulatory Care Center
CLIFTON, N.J. (May 2, 2023) – Construction is underway for Hackensack Meridian Health’s Ambulatory Care Center at ON3, announced Prism Capital Partners. The 80,000-square-foot facility, set on the southeast corner of Metro Boulevard and Route 3 in Clifton, marks another new beginning at the award-winning mixed-use redevelopment.
“This state-of-the-art facility is aligned with Hackensack Meridian Health’s mission to deliver the highest-quality healthcare services to the local community,” said Prism’s Eugene Diaz, principal partner. “It is exciting to see this much-anticipated campus addition officially underway.”
Prism Construction Management is developing the four-story Ambulatory Care Center. The Gensler-designed facility, featuring a distinctive glass curtain wall façade, will include an ambulatory surgical center as well as additional multi-specialty practice areas. An attached parking structure will provide 400 spaces for occupants and visitors. Gensler is also Hackensack Meridian Health’s interior designer for the project.
“The Hackensack Meridian Health Ambulatory Care Center serves as the gateway to ON3 and draws inspiration from the campus’ former life as a healthcare and sciences ecosystem,” said Gensler’s Reid Brockmeier, co-managing director. “The focal point of the design is the end-to-end hospitality-driven patient experience, from its welcoming double height arrival and daylight-enriched spaces to the moment patients receive medical care.”
Hackensack Meridian Health already occupies academic, and research and development space at ON3, which is home to the organization’s School of Medicine and Center for Discovery and Innovation (an NIH-designated Clinical Research Center). “Hackensack Meridian Health has been committed to ON3 from the start,” Diaz noted. “We take great pride in our expanding relationship and our ability to accommodate this healthcare leader’s diverse needs in a single location.”
Prism’s vision for ON3 – the state’s largest contemplated redevelopment – began in 2016 with the acquisition of the former Hoffmann-La Roche North American Headquarters campus spanning Clifton and Nutley. The firm has focused on transforming the 116-acre complex into a world-class, multi-tenant lifestyle hub integrating office and R&D, educational, recreational, retail, hospitality and wellness facilities. Prism has completed more than $100M in campus infrastructure improvements to support the current population and future development.
ON3’s existing 1.45 million square feet of office and R&D/lab space is 100% occupied, and more than 2 million square feet of additional, new space is planned for the site. Occupants also include Eisai Inc., Quest Diagnostics, The Ralph Lauren Corporation, Seton Hall University’s Graduate College of Nursing and School of Health and Medical Sciences, Modern Meadow, and Y-mAbs Therapeutics.
Prism Capital Partners – which maintains its headquarters at ON3 – has a proven track record of creating value through select real estate investments and developments. Geographically focused in the New Jersey/New York/Connecticut regional market, Prism specializes in identifying, acquiring and creating distinctive, value-added opportunities in the office, R&D, education, retail, industrial and residential sectors.
press release via: Prism Capital Partners