SJP Properties and Scotto Properties recently topped out the 120,000-square-foot building known as M Station East — Courtesy: Peter Dant Photography/SJP Properties
By Joshua Burd
The first phase of a new high-end office and retail development in downtown Morristown is on track to open later this year after recently reaching a construction milestone.
SJP Properties, which is developing the project in tandem with Scotto Properties, announced Thursday that it has topped out the 120,000-square-foot building known as M Station East. Located on Morris Street between Lafayette Avenue and Spring Street, the complex will be home to Deloitte LLP under a 110,000-square-foot lease signed early last year, with plans calling for the firm to take occupancy in the third quarter of 2021.
“Each day we are getting closer to delivering a future workplace that will attract leading-edge companies to Morristown’s downtown, invigorating area businesses and activating the streets during the daytime,“ said Steve Pozycki, CEO of SJP Properties. “In just six months since breaking ground we’ve reached the full height of M Station East, and are tracking quickly toward additional milestones as our vision for this important development comes to fruition.”
Designed by Gensler in tandem with SJP, M Station will occupy the former site of Scotto’s Midtown Shopping Center, just steps from the Morristown train station and the community’s popular downtown. Deloitte will move its operations from Parsippany and occupy all of the office space in the first building, sitting atop 10,000 square feet of retail space.
The development’s second building, M Station West, will total 253,000 square feet of office and retail space across seven stories, SJP said. The firm is seeking an anchor tenant to occupy at least one full floor before starting construction, noting that it’s marketing the available office and retail space in partnership with Cushman & Wakefield.
M Station’s two buildings will be bridged by a 1,000-car parking structure that will be erected in two phases and include public parking for the on-site retail section, according to a news release. To enhance the pedestrian experience, the two buildings will be set back 45 feet from Morris Street to create a landscaped pedestrian promenade and two public plazas with seating.
“We’re making exceptional progress on our development plan thanks to our talented team and the support of Morristown’s leadership,” Pozycki added. “We look forward to completing interior construction on M Station East and welcoming Deloitte to its new home later this year.”