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A new Marriott is under construction at the Meadowlands.


Lincoln Equities Group announced a transaction with Marriott SpringHill Suites SpringHill Suites is part of the Marriott International family of hotels.

In 1998, Marriott International announced plans to convert Fairfield Suites to SpringHill Suites by Marriott.
 for a new 200-room corporate hotel in the Meadowlands. Marriott has signed a long-term lease to construct the hotel on 3.5 acres of land at Highland Cross, a 900,000 SF, mixed-use development Mixed-use development refers to the practice of allowing more than one type of use in a building or set of buildings. In planning zone terms, this can mean some combination of residential, commercial, industrial, office, institutional, or other land uses.  in Rutherford, the heart of the Meadowlands. Marriott will own the hotel and ground breaking is scheduled for Spring 2001.

"We are extremely pleased to have closed on a significant component of our Highland Cross development," stated Joel Bergstein, Partner, Lincoln Equities Group. "The SpringHill Suites Hotel is an affirmation of the desirability of the Meadowlands office market and we are proud to have Marriott as an important part of this world-class, new development," Bergstein added.

Highland Cross will feature 900,000 square feet of office space in two buildings situated on 28 acres at the crossroads of Routes 3 and 17, just four miles from the Lincoln Tunnel The Lincoln Tunnel is a 1.5 mile (2.4 km) long tunnel under the Hudson River, connecting Weehawken, New Jersey and the borough of Manhattan in New York City. History
The tunnel was designed by Ole Singstad.
. The world-class office buildings will offer sweeping views of Midtown Manhattan and are in close proximity to the Meadowlands Sports Complex The Meadowlands Sports Complex is a sports and entertainment facility located in East Rutherford, New Jersey owned and operated by the New Jersey Sports and Exposition Authority (NJSEA). . Just two miles from Teterboro Corporate Airport and 10 minutes to Newark International Airport, Highland Cross is in close proximity to restaurants, banks, retail and outlet shopping, hotels and conference facilities. Highland Cross is also located adjacent to The Meadows Office Complex, which consists of twin, 12-story office buildings totaling 560,000 square feet.

Hellmuth, Obata & Kassabaum are the architects for Highland Cross. The building have been designed to be one of the most technologically advanced new developments in the New Jersey and New York Metropolitan areas New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. . Featuring high-speed voice, data and Internet services and high-tech electrical and HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free  systems, Highland Cross will accommodate the needs of even the most sophisticated technology firms.

Highland Cross is being marketed to both full building users as well as tenants seeking 35,000 square foot units. The first-class property is ideal for tenants seeking convenient access to New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 in a prestigious environment. The first building at Highland Cross is expected to be completed in spring 2002.
COPYRIGHT 2000 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Article Type:Brief Article
Date:Dec 6, 2000
Words:338
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