{"id":1004143040,"date":"2016-04-29T02:24:06","date_gmt":"2016-04-29T10:24:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004143040"},"modified":"2020-05-13T00:53:15","modified_gmt":"2020-05-13T08:53:15","slug":"hugo-neu-appoints-director-of-development-for-130-acre-business-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hugo-neu-appoints-director-of-development-for-130-acre-business-campus\/","title":{"rendered":"Hugo Neu Appoints Director of Development for 130-Acre Business Campus"},"content":{"rendered":"

By Keith Loria, Contributing Editor<\/em><\/p>\n

\"Michael<\/a>

Michael Meyer, director of development, Kearny Point, N.J.<\/p><\/div>\n

Kearney, N.J.<\/strong>\u2014Hugo Neu<\/a> has named Michael Meyer as director of development for Kearny Point<\/a>, the 130-acre, 1.5-1.75 million-square-foot mixed-use business campus in Kearny, N.J.<\/p>\n

Meyer will report to Wendy Neu, Hugo Neu\u2019s chairman & CEO, and Steve Nislick, the company\u2019s chief financial officer.<\/p>\n

\u201cWhat struck me immediately about the KPIP project is the combination of inspiring leadership [in Neu and Nislick], that is committed to the values of sustainability, preservation and job creation, with a development team that has proven that they can solve challenging design and engineering issues to deliver an excellent product on time and an on budget,\u201d Meyer told Commercial Property Executive<\/a><\/em>. \u201cIn this case, the vision\u2014to re-energize an important historical asset and restore thousands of jobs to this community\u2014has met its match with a first rate design and development team.\u201d<\/p>\n

A 25-year veteran development manager, Meyer previously served as managing director at Kushner Companies, where he was responsible for securing public debt and equity for transformational urban redevelopment in New Jersey. In that position, he successfully led and managed projects including One Journal Square, a $500 million, 1.2-million-square-foot project and advanced a development pipeline<\/a> of over $2 billion in Newark.<\/p>\n

In his new role, Meyer will work closely with the Kearny Point team to leverage its existing platform and drive growth across the broader redevelopment efforts, with a particular focus on the corporate real estate arm of the business.<\/p>\n

\u201cThis development is unique in the market, providing a type of space\u2014historic, light soaked, soaring ceilings, great views\u2014that is available in flexible sizes and terms, at a price that makes it a real value,\u201d Meyer said. \u201cFor people that are starting or growing a business, for folks that need spaces to build, and that want to both be inspired by the place they work, and the people they work around, KPIP will be the place where they will want to be.\u201d<\/p>\n

The site experienced massive flooding during super-storm Sandy, yet despite the huge disruption, all of the tenants that were on the site at the time insisted on returning. According to Meyer, the development plans will need to incorporate complex and diverse engineering solutions that will ensure that future tenants do not face similar disruption and loss when the next \u201c500 year\u201d storm hits.<\/p>\n

Kearny Point ownership is committed to returning thousands of jobs to the once thriving historical area, acting as a catalyst for the revitalization of South Kearny.<\/p>\n

\u201cOur first building, Building 78, was really a \u2018proof of concept,\u2019 testing the market and the willingness of folks to come to this location for creative office, studio and light manufacturing uses,\u201d Meyer said. \u201cBased on the first six months of leasing, the building is already currently more than 70 percent leased, proving to us that there will be strong demand for flexible spaces with great design at a reasonable cost.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

In his new role, Michael Meyer will work closely with the Kearny Point team to leverage its existing platform and drive growth across the broader redevelopment efforts.<\/p>\n","protected":false},"author":451,"featured_media":1004143042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,21752,1600,21742,10,21747,21744],"tags":[],"class_list":["post-1004143040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-mixed-use","category-new-york","category-latest","category-northeast","category-office","category-people"],"acf":[],"yoast_head":"\nHugo Neu Appoints Director of Development for 130-Acre Business Campus - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hugo-neu-appoints-director-of-development-for-130-acre-business-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hugo Neu Appoints Director of Development for 130-Acre Business Campus\" \/>\n<meta property=\"og:description\" content=\"In his new role, Michael Meyer will work closely with the Kearny Point team to leverage its existing platform and drive growth across the broader redevelopment efforts.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hugo-neu-appoints-director-of-development-for-130-acre-business-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-29T10:24:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-13T08:53:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/Michael-Meyer-director-of-development-Kearny-Point-N.J.-e1461914124568.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"793\" \/>\n\t<meta property=\"og:image:height\" content=\"991\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keith Loria\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hugo-neu-appoints-director-of-development-for-130-acre-business-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hugo-neu-appoints-director-of-development-for-130-acre-business-campus\/\",\"name\":\"Hugo Neu Appoints Director of Development for 130-Acre Business Campus - 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