{"id":1004705833,"date":"2024-03-11T02:23:26","date_gmt":"2024-03-11T10:23:26","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004705833"},"modified":"2024-03-11T05:51:02","modified_gmt":"2024-03-11T13:51:02","slug":"hackensack-meridian-health-breaks-ground-on-new-jersey-mob","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hackensack-meridian-health-breaks-ground-on-new-jersey-mob\/","title":{"rendered":"Hackensack Meridian Health Breaks Ground on New Jersey MOB"},"content":{"rendered":"\n<p>Hackensack Meridian Health has broken ground on a health and wellness center in Woodbridge, N.J. The upcoming 60,000-square-foot facility will be part of a mixed-use project developed by a consortium led by Russo Development near Metropark Station.<\/p>\n\n\n\n<div class=\"wp-block-jetpack-slideshow aligncenter\" data-effect=\"slide\"><div class=\"wp-block-jetpack-slideshow_container swiper-container\"><ul class=\"wp-block-jetpack-slideshow_swiper-wrapper swiper-wrapper\"><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1581\" height=\"890\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-1004705836\" data-id=\"1004705836\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_daytime_hmh.jpg?w=1024\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_daytime_hmh.jpg 1581w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_daytime_hmh.jpg?resize=300,169 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_daytime_hmh.jpg?resize=768,432 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_daytime_hmh.jpg?resize=1024,576 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_daytime_hmh.jpg?resize=1536,865 1536w\" sizes=\"(max-width: 1581px) 100vw, 1581px\" \/><figcaption class=\"wp-block-jetpack-slideshow_caption gallery-caption\">The health and wellness center is set for completion in 2025. All images courtesy of Russo Development and Hackensack Meridian Health<\/figcaption><\/figure><\/li><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1596\" height=\"890\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-1004705835\" data-id=\"1004705835\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_dusk_hmh.jpg?w=1024\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_dusk_hmh.jpg 1596w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_dusk_hmh.jpg?resize=300,167 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_dusk_hmh.jpg?resize=768,428 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_dusk_hmh.jpg?resize=1024,571 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_dusk_hmh.jpg?resize=1536,857 1536w\" sizes=\"(max-width: 1596px) 100vw, 1596px\" \/><figcaption class=\"wp-block-jetpack-slideshow_caption gallery-caption\">The seven-story building was designed to qualify for LEED certification.<\/figcaption><\/figure><\/li><li class=\"wp-block-jetpack-slideshow_slide swiper-slide\"><figure><img loading=\"lazy\" decoding=\"async\" width=\"1581\" height=\"890\" alt=\"\" class=\"wp-block-jetpack-slideshow_image wp-image-1004705834\" data-id=\"1004705834\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/Metropark_STREET-LEVEL.jpg?w=1024\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/Metropark_STREET-LEVEL.jpg 1581w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/Metropark_STREET-LEVEL.jpg?resize=300,169 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/Metropark_STREET-LEVEL.jpg?resize=768,432 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/Metropark_STREET-LEVEL.jpg?resize=1024,576 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/Metropark_STREET-LEVEL.jpg?resize=1536,865 1536w\" sizes=\"(max-width: 1581px) 100vw, 1581px\" \/><figcaption class=\"wp-block-jetpack-slideshow_caption gallery-caption\">The building will rise right next to Metropark Station.<\/figcaption><\/figure><\/li><\/ul><a class=\"wp-block-jetpack-slideshow_button-prev swiper-button-prev swiper-button-white\" role=\"button\"><\/a><a class=\"wp-block-jetpack-slideshow_button-next swiper-button-next swiper-button-white\" role=\"button\"><\/a><a aria-label=\"Pause Slideshow\" class=\"wp-block-jetpack-slideshow_button-pause\" role=\"button\"><\/a><div class=\"wp-block-jetpack-slideshow_pagination swiper-pagination swiper-pagination-white\"><\/div><\/div><\/div>\n\n\n\n<p>Hackensack Meridian Health is investing $200 million in the project, which is estimated to bring more than 1,000 jobs in the area. The company will also move from its current offices in Edison, N.J., to this new location, set for delivery in 2025. The seven-story building was designed to qualify for LEED certification. <\/p>\n\n\n\n<p>Upon completion, the facility will offer access to health-care services such as primary care, medical specialties, surgical specialties, advanced imaging, rehabilitation services, a sports and spine center of excellence, phlebotomy, urgent care, occupational health services and a retail pharmacy.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/medical-office-to-perform-well-in-2024-report\/\">Medical Office to Perform Well in 2024: Report<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cyan-bluish-gray-color has-alpha-channel-opacity has-cyan-bluish-gray-background-color has-background is-style-wide\"\/>\n\n\n\n<p>The Metropark Station mixed-use project, which benefited from a $110 million tax credit grant, qualifies for the multi-use platform under the New Jersey Economic Development Authority\u2019s ASPIRE program. The delivery of the health and wellness center will be followed by the construction of 230 residential units and a retail component. DOR, a joint venture of Russo Development, Onyx Equities and Terminal Construction Corp., announced the 12-acre transit-oriented project in October 2022.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-strategic-position-for-health-care-services\">Strategic position for health-care services<\/h2>\n\n\n\n<p>The facility will be the first of its kind to will offer access to health care not only to those who travel through Metropark Station, but also for those traveling along Amtrak\u2019s Northeast Corridor. The station is located at 100 Middlesex Essex Turnpike, near the 95 and 287 interstates. New York City is some 32 miles away. Medical providers in the surrounding area include Solaris Health System, Woodbridge Medical Group and Center for Remote Medical Management, among others.<\/p>\n\n\n\n<p>The New Jersey office market currently has 16 other <a href=\"https:\/\/www.commercialsearch.com\/news\/medical-office-real-estate-trends-to-watch-in-2024\/\">medical office building<\/a> properties in various stages of development, set to add 1.8 million square feet to the existing inventory, CommercialEdge data shows. One of the largest projects is the 519,500-square-foot Jack and Sheryl Morris Cancer Center in New Brunswick, N.J., currently under construction. Delivery is expected in 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This first-of-a-kind facility will be part of a transit-oriented development.<\/p>\n","protected":false},"author":2829,"featured_media":1004705837,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21754,21742,10],"tags":[33745,36719],"class_list":["post-1004705833","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-medical-office","category-latest","category-northeast","tag-onyx-equities-llc","tag-russo-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hackensack Meridian Health Breaks Ground on New Jersey MOB - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Hackensack Meridian Health broke ground on a 60,000-square-foot health and wellness center in Woodbridge, N.J., set for delivery in 2025.\" \/>\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\/hackensack-meridian-health-breaks-ground-on-new-jersey-mob\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hackensack Meridian Health Breaks Ground on New Jersey MOB\" \/>\n<meta property=\"og:description\" content=\"Hackensack Meridian Health broke ground on a 60,000-square-foot health and wellness center in Woodbridge, N.J., set for delivery in 2025.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hackensack-meridian-health-breaks-ground-on-new-jersey-mob\/\" \/>\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=\"2024-03-11T10:23:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-11T13:51:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/View1_daytime_hmh_773265-e1710143386966.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"858\" \/>\n\t<meta property=\"og:image:height\" content=\"644\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Madalina Pojoga\" \/>\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\/hackensack-meridian-health-breaks-ground-on-new-jersey-mob\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hackensack-meridian-health-breaks-ground-on-new-jersey-mob\/\",\"name\":\"Hackensack Meridian Health Breaks Ground on New Jersey MOB - 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