Nutley adopts Roche redevelopment plan

July 22, 2016

The Nutley Board of Commissioners on Tuesday adopted Phase 1 of the Hoffmann-La Roche redevelopment plan.

Maser Consulting revised Phillips Preiss Grygiel’s plan, which pertains the campus’ proposed medical school.

Last Thursday, Roche announced plans to sell its 116-acre campus to PB NutclifI LLC, an affiliate of Bloomfield-based Prism Capital Partners LLC. The transfer is expected by Sept. 30. Financial terms were not disclosed.

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