Posted May 15, 2012, 2:42 PM
|
 |
New Yorker for life
|
|
Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,890
|
|
http://www.nj.com/news/index.ssf/201...ic_office.html
It's electric: Panasonic office tower finally starts to rise in Newark
May 15, 2012
By Sarah Portlock
Quote:
Construction on the Panasonic office tower in downtown Newark has begun, one year after the Japanese electronics giant signed a lease to move to the city and nearly two decades after a foundation was built for a development that never happened at the site.
Panasonic plans to relocate its North American headquarters from Secaucus into the 12-story, $200 million tower at the busy intersection of Raymond Boulevard and McCarter Highway next summer. The company will occupy 10 stories of the 338,000-square-foot building, and bring with it 800 employees, said spokesman Jim Reilly. Construction is expected to create 600 jobs.
Panasonic employees are excited about the building, and have been following the work so far through photos sent from Newark-based friends and business associates, Reilly said. "Employees have been hearing about the move since April 2011 when we first announced it, so the feeling is now, ‘Cool. It’s finally really happening,’" Reilly said.
Yesterday morning, five truckloads of steel arrived at the site, and workers assembled the girders that will make up the building’s skeleton.
|
__________________
NEW YORK is Back!
“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
|