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Author: Hercules Schonfeldt

Energy Advantage at Prism Capital Partners’ ON3 Draws External Support

The 10 megawatt co-hybrid power plant at Prism Capital Partners’ ON3 is set for continued modernization, with the replacement of aging wood-structured cooling towers with modern fiberglass models. Prism secured financing through Peapack Private Bank & Trust to support the project. PSE&G provided energy efficiency incentives for cooling tower upgrades serving the broader ON3 campus infrastructure and offered an interest-free repayment option that allows Prism to repay the remaining project balance over time on its utility bill.

Prism Capital Partners Adds Chase and Chipotle to Retail Mix at ON3 in Clifton

Chase and Chipotle are coming to Prism Capital Partners’ ON3 in Clifton. Fronting Route 3, the bank branch and fast-casual restaurant mark the second and third retail tenants at the multi-award-winning mixed-use campus – joining Starbucks, which opened in late 2024.

Prism lands approvals for long-awaited housing phase at ON3, among other major projects

Prism Capital Partners has secured three key approvals for its flagship ON3 campus in Clifton and Nutley, paving the way for new phases including a long-awaited residential component with nearly 1,100 multifamily units, along with a major research and development facility.

Steel going up for HMH’s Ambulatory Care Center at Prism’s ON3

With steel going up and the parking structure completed for Hackensack Meridian Health’s Ambulatory Care Center at ON3 in Clifton, construction is progressing on track for a November 2024 delivery, Prism Capital Partners announced Thursday. Situated on the southeast corner of Metro Boulevard and Route 3, the 80,000-square-foot, state-of-the-art facility will serve as the gateway to the award-winning mixed-use redevelopment.

Cepter Biopartners finds new home at Prism Capital Partners’ ON3

The bioscience synergy at Prism Capital Partners’ ON3 is well established, with household-name tenants including Hackensack Meridian Health, Eisai Inc., Quest Diagnostics and other best-in-class firms thriving in a collaborative environment. One of the newest additions – Cepter Biopartners, LLC – furthers the distinctive ecosystem evolving at the former Hoffmann-La Roche campus, which spans the City of Clifton and Township of Nutley.

Prism’s ON3 Wins Two Industry Awards for Visionary Mixed-Use Redevelopment

Prism Capital Partners and its award-winning ON3 development have two new accolades to boast. CoStar named ON3 “Redevelopment of the Year” for northern New Jersey in its 2023 Impact Awards, while the 116-acre campus earned a Silver Award for “Best Development: Mixed-Use” in Commercial Property Executive’s annual Influence Awards.

Prism breaks ground on 80,000 sq. ft. Hackensack Meridian facility at ON3

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.