Jersey Central Power & Light is the latest company to commit to the sprawling Bell Works campus in Holmdel, signing a lease to move its Central Jersey regional headquarters to the site.
In a joint announcement with the landlord, Somerset Development, the utility said Thursday that it would occupy 64,000 square feet at the redeveloped former Bell Labs research complex. JCP&L will shift its regional headquarters from Red Bank next summer, moving nearly 200 employees from a range of departments to the 2 million-square-foot campus.
“This move keeps our jobs, tax dollars and ancillary support services in Monmouth County,” said Jim Fakult, JCP&L’s president. “After reviewing multiple locations, the Bell Works site best met our needs with its proximity to our current headquarters and accessibility to the Garden State Parkway. The new location offers the modern office space needed to help our employees perform their jobs at a high level on behalf of our customers.”
The lease at 101 Crawfords Corner Road follows high-profile announcements earlier this year that local technology firms would become anchors at Bell Works. The largest among them are iCIMS and WorkWave, which are leasing 350,000 square feet and 72,000 square feet, respectively, and each have options for expansion.
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