Sanofi, a French pharmaceutical company, will soon relocate to Morristown, bringing nearly 2,000 employees with it.
MORRISTOWN, NJ — Construction continues on the new, seven-story addition to M Station West in Morristown.
Sanofi, a French healthcare company with 1,900 New Jersey employees, announced last March that it would relocate its New Jersey headquarters from Bridgewater to the M Station West building, along with all of its employees in the state.
Read more: New Tenant Joins M Station in Morristown, Bringing 1,900 Employees
According to officials, Sanofi plans to move into the space in about 18 months, with the transition taking place in two stages: the first in the fourth quarter of 2024 and the second in the first quarter of 2025.
Sanofi's move to M Station marks a departure from a vast, multi-building suburban site to a seven-story, build-to-suit property in the heart of walkable, transit-oriented Morristown.
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Known for its lively arts, entertainment and restaurant scene, Morristown will enable a seamless work-life balance for Sanofi’s 1,900 employees who will occupy the building upon completion in Q1 2025, officials said.
"I am thrilled to welcome Sanofi to its new headquarters in Morristown. SJP and Scotto Properties have successfully executed our vision of a project which would invigorate our business district, attract leading-edge companies, and reinforce our position as one of the top towns in the country to live and work,” said Tim Dougherty, Mayor of Morristown.
The healthcare company, best known for the prescription sleeping pill Ambien and Admelog, fast-acting mealtime insulin, will take up the majority of the M Station West building, a cutting-edge structure built to connect Morristown's train station and the Morristown Green.
The new building will have three distinct active terraces: a world-class 20,000+ square-foot dining experience on the retail level that will be open to the public; and an expansive landscaped rooftop complete with wellness areas for yoga and outdoor movement classes, entertainment, and gardens that will supply food and beverage offerings in the space.
"The topping out of M Station West is a landmark moment in redefining the modern workplace across New Jersey,” said Steve Pozycki, founder and CEO of SJP Properties. “State-of-the-art, vertically integrated buildings are attracting the most influential corporations in the world. Sanofi joins Deloitte, which moved its headquarters to M Station East last year, and Valley Bank, which celebrated its grand opening at our new Speedwell Avenue property this fall. These tenants are turning to SJP for property solutions in amenity-rich locations with unrivaled aesthetics and the most advanced infrastructures ever built in the state.”
The new structure will complete the M Station project in Morristown. The multi-phase project, developed by SJP Properties in collaboration with Scotto Properties, first broke ground in November 2020.
The first phase of the M Station, M Station East, a six-story, 120,000-square-foot building, was completed in July 2022, roughly one and a half years after initially breaking ground. Deloitte relocated approximately 1,495 employees to the building in Q3 2022.
M Station's two towers will be connected by a 1,000-car parking structure that will include public parking for the development's on-site retail and EV charging stations.
To improve walkability and create a vibrant pedestrian experience, both buildings are set back 45 feet from Morris Street, resulting in a 10,000-square-foot landscaped promenade and two public plazas with seating.
When completed, the project will include more than 350,000 square feet of office and retail space spread across the two buildings. Officials from the town have previously stated that the project will generate approximately $1 million in annual tax revenue.
M Station is regarded as Morristown's most significant commercial development in more than 30 years.
Officials claim it has the potential to revitalize the downtown area by attracting high-quality commercial tenants who will support neighborhood retailers and restaurants, as well as providing new retail options and critical infrastructure improvements.
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