Matrix announces $1.5m upgrade at Legal Center.Matrix Development Group has announced significant upgrades to the prestigious One Riverfront riv·er·frontn. The land or property along a river. Center, known as The Legal Center, office building in Newark. Matrix is currently marketing a rare block of 100,000 s/f at the 20-story office tower. The 411,617 s/f Class A office tower is undergoing a $1.5 million investment in new state-of-the-art 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, security, valet parking valet parking n. Parking arrangements provided by a commercial establishment, such as a restaurant, whereby patrons leave their cars at the entrance and attendants park and retrieve them. Noun 1. and multi-purpose meeting and conference facility. The multifaceted mul·ti·fac·et·ed adj. Having many facets or aspects. See Synonyms at versatile. Adj. 1. multifaceted - having many aspects; "a many-sided subject"; "a multifaceted undertaking"; "multifarious interests"; "the multifarious reinvestment Reinvestment Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash. 1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares. program at One Riverfront Center includes facility improvements and upgrades such as: HVAC Building Control System: This new world-class system will allow tenants to monitor the performance of all mechanical ventilation mechanical ventilation n. A mode of assisted or controlled ventilation using mechanical devices that cycle automatically to generate airway pressure. systems (heating and air-conditioning), helping to designate how air and heat are distributed throughout the building. This not only creates added comfort for tenants, but also significantly reduces operating costs operating costs npl → gastos mpl operacionales ; Security System: One of the most progressive systems utilizing the latest security technology available. The new security access control system improves surveillance measures for the building's interior and exterior common areas. This significant upgrade uses the latest security technology available; Parking: Valet parking will provide tenants and visitors with added convenience, as well as an additional 150 parking spaces, accessible to and from the front plaza area; Matrix/Edison Conference Center: A state-of-the-art newly constructed conference center with video conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. capabilities as well as a desirable space to be used for company meeting or cocktail receptions. The dramatic upgrade makes available the finest amenities and decor in the Newark marketplace. "Matrix Development Group is extremely proud to announce this multi-faceted, capital improvement program at One Riverfront Center," said Hilary Budny, vice president of Matrix Development Group. "Our goal at One Riverfront Center has always been to ensure that this world-class mixed-use Class A office and retail tower continues to exceed the expectations of our diverse tenant base. This new investment will enable One Riverfront Center to maintain its position as the finest office building in Newark and as one of the most desirable in the entire New Jersey metropolitan region." One Riverfront Center has a two-story lobby, bistro-style restaurant, parking garage and state-of-the-art security system. This 20-story building is widely recognized as the most desirable office building in North Jersey and has historically maintained a near 100 percent occupancy. Matrix owns an additional seven acres of land adjacent to One Riverfront Plaza and planning is underway to create a $400 million waterfront development. |
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