• Home
  • Who We Are
    • Board of Trustees
      • Board Elections
      • Committees
      • Board Agendas & Minutes
    • Staff
    • Volunteers
    • Membership
    • Affiliations
    • FAQ
    • Resources
      • Economic Development Timeline
      • Report Lighting Outage or Damage
    • Press Releases
  • COVID Support
    • How to Apply for PPP Money – Virtual Zoom Seminar & Other Resources
    • Morristown Business COVID-19 Guidance
    • Morristown Partnership Commercial Rent Relief Grant Program
  • Sponsorships
    • Morristown Partnership Events
      • Morristown Restaurant Week
      • Meet Me in Morristown
      • Morristown Farmers Market
      • Morristown Festival on the Green
      • Halloween Trick or Treat
      • North Pole at North Park Place
      • Event Sponsor Recognition
    • Event Sponsor Recognition
    • Advertising
    • Donate Now
  • Upcoming Events
    • North Pole at North Park Place
    • Morristown Partnership Events
    • Plan Your Event
    • Add an Event
    • Volunteers
  • Contact
  • Business Login
Morristown PartnershipMorristown PartnershipMorristown PartnershipMorristown Partnership
Menu
  • Things to do

    Things To Do

    Purchase Gift Certificates

    Upcoming Events

    Deals & Promotions

    Dine & Drink

    Retail

    Business Directory

    Featured Businesses

    Entertainment

    Arts, Culture & Film

    Festivals & Events

    Live Music

    Parks & Outdoors

    Tours

    Unique History

    Wellness & Exercise

    Upcoming Events

  • Morristown Happenings

    Morristown Partnership Events

    North Pole at North Park Place

    Morristown Restaurant Week

    Meet Me in Morristown

    Morristown Farmers Market

    Morristown Festival on the Green

    Halloween Trick or Treat

    Morristown Happenings

    News

    Announcements

    Upcoming Events

    Sponsorships

    Advertising

  • Visitor Information
    • Hotel Accommodations
    • Parking
    • Directions
    • Getting Around
    • Business Directory
    • Unique History
  • Living Essentials
    • Residential Apartments
    • Grocery & Shopping
    • Spiritual Life
    • Hospital & Medical
    • Education
    • Libraries
    • Pet
  • Do Business

    Do Business

    Business Login

    Register Your Business

    Business Directory

    Employment Opportunities

    Advertising

    FAQ for Businesses

    Starting a Business in Morristown Guide

    Available Space

    Search Commercial Space

    Submit a Listing

    Morristown Key Tenant Map

    Why Morristown

    Why Morristown

    Demographics & Market Data

  • Commercial Development

    Commercial Development

    Current Projects

    Business & Development Resources

    Plans & Reports

    Municipal Navigation for Developers

    Economic Development History

    Available Space

    Search Commercial Space

    Submit a Listing

    Morristown Key Tenant Map

    Featured Project

    The five-story, 70,000 square foot apartment/retail complex including 22,000 square feet of street-level retail storefronts is located at 35-41 Market St in Morristown. The project includes 54 Residential Units. Vertical Realty Capital LLC/ Stolar Capital Marchetto Higgins Stieve Architects Katerra

Morristown’s Economic Development History

    Home Morristown’s Economic Development History

    Morristown’s Economic Development History

    Drag to scroll


    1982AT&T Announces moving 1000 jobs to Morristown’s Headquarters Plaza

    1983Headquarters Plaza completes construction and opens its doors

    1984-1992Moratorium on development during sewer plant construction
    * Morristown misses out on real estate boom
    * Older buildings sit in decay

    1992Macy’s Department Store Vacates One North Park Place

    1993 AT&T Vacates Corporate Headquarters in the 1776 building on East Park Place

    December 1993Town of Morristown passes an ordinance creating a Special Improvement District within the Town of Morristown and designates a District Management Corporation.

    1993-1996 Various retailers vacate Morristown’s business district

    March 1994Morristown Partners, Inc. files for Incorporation in the State of New Jersey
    * Incorporators: Norman Bloch, Herb Braunschweiger, Raymond DeChiara, Allen Feehan, James Gervasio, Leslie Alfin Klein, William Levine, Jack McDonald and Mary B. Rolio

    September 1994 The Community Theatre officially reopens with its first live performance in nearly a decade. Originally built in 1937, the facility was previously home to a movie house.

    December 1994 Morristown Partners, Inc. dba Morristown Partnership hires first Executive Director.

    1995Developer proposes first new apartment building in 30 years: Chancery Square on Cattano Avenue
    * The high-end unit apartments cannot get private funding without state guarantee because investors skeptical of Morristown supporting expensive upscale apartments.

    May 1996 Morristown Partners, Inc. obtains 501(c)3 tax-exempt status from the Internal Revenue Service

    1997 Chancery Square Opens
    * Hailed as the catalyst to the revitalization and redevelopment of Morristown, the building proves a huge success by filling 70% before opening.
    * Project marks the first public-private development partnership with the Morristown Parking Authority and introduces the concept of shared parking to downtown Morristown.

    1999 Morristown Named by the New Jersey Department of Transportation (NJDOT) and NJ TRANSIT as a Transit Village * The Transit Village Initiative creates incentives for municipalities to redevelop or revitalize the areas around transit stations using design standards of transit-oriented development (TOD). TOD helps municipalities create attractive, vibrant, pedestrian-friendly neighborhoods where people can live, shop, work and play without relying on automobiles.

    2000 Morristown Partnership takes on the beloved ‘Christmas on the Green’ as one of its community events.
    * The Partnership invests over $100,000 in infrastructure of the Morristown Green and programming to guarantee the legacy of the event.

    2002 Century 21 Department Store leases One North Park Place, former home of Macy’s Department Store.

    2003 Epstein department store’s property owner creates joint venture with Rosewood and Woodmont Properties to redevelop the department store site and adjacent properties.

    2005 The Headquarters Plaza Hotel rebrands and transforms to Hyatt Morristown.

    2006 Demolition begins in October 2006 on the landmark Epstein s Department Store and the adjacent Maple Avenue parking deck as the town of Morristown embarks on two of its most significant new construction projects in almost three decades.

    2007 Morristown Partnership regains control over the Morristown Farmers Market investing marketing dollars into the promotion of the downtown amenity. The Sunday Market sees an increase in foot traffic and begins to support the idea of businesses opening on Sundays to enjoy the benefits of more people in downtown Morristown for leisure.

    2008 Morristown Parking Authority completes Morristown’s first LEED certified silver building adjacent to a new 800 space parking deck. The four-story class A office space supports unique operational elements including a two-story bio-wall and geo-thermal wells attached to the building’s HVAC system.

    2009 Highlands at Morristown Station
    Although not a formal redevelopment area, the Highlands at Morristown Station was constructed as part of a competitive process sponsored by the Town of Morristown and New Jersey Transit. As part of the planning process, the Town of Morristown adopted the Transit Village Core (TVC) zoning district along Morris Street that permits higher densities and mixed-uses around the train station. Opened in 2009, the Highlands contains 218 apartments, 8,000 square feet of retail space and a 722 space parking garage.

    2014 Mayo Performing Arts Center completes renovations at the front of the house, altering the façade for the first time.

    2015 Hampshire Cos.’s 42,000-square-foot building for Fox Rothschild law firm breaks ground ushering in the First Class A office space constructed in decades.

    2017 Several developments begin the municipal planning board process, ushering in the next great wave of investment.

    Morristown continues to be a proven success and ideal location for economic development.

    Hint: The password should be at least twelve characters long. To make it stronger, use upper and lower case letters, numbers, and symbols like ! " ? $ % ^ & ).

    Explore Morristown

    Connect With Us

    Morristown Partnership
    14 Maple Avenue, Suite 201
    Morristown, NJ 07960

    P: (973) 455-1133
    F: (973) 455-1147
    Email: info@morristown-nj.org

    Sitemap | © Copyright 2018 Morristown Partnership.
    All Rights Reserved.

    E-Newsletter Subscription

    • This field is for validation purposes and should be left unchanged.
    • Things to do
      • Purchase Gift Certificates
      • Upcoming Events
      • Deals & Promotions
      • Business Directory
      • Featured Businesses
    • Morristown Happenings
      • News
      • Announcements
      • Sponsorship & Advertising
    • Visitor Information
      • Parking
      • Hotel Accommodations
      • Directions
      • Getting Around
    • Residential Apartments
      • Grocery & Shopping
      • Spiritual Life
      • Education
      • Hospital & Wellness
      • Libraries
      • Pet
    • Do Business
      • Available Space
        • Submit a Listing
        • Search Commercial Space
      • Why Morristown
        • Recruiting & Marketing
        • Demographics & Market Data
      • How to FAQ for Businesses
      • Sponsorship & Advertising
      • Submit Employment Opportunities
    • Commercial Development
      • Available Space
        • Search Commercial Space
        • Submit a Listing
      • Current Projects
      • Business & Development Resources
      • Plans & Reports
      • Municipal Navigation for Developers
    • Tours
    • Parks & Outdoors
    • Live Music
    • Arts, Culture & Film
    • Wellness & Exercise
    • Unique History
    • Festivals & Events
    • Morristown Restaurant Week
    • Meet Me in Morristown
    • Farmers Market
    • Morristown Festival on the Green
    • Christmas Festival at Morristown Green
    • Halloween Trick-or-Treat
    • Upcoming Events
    Menu
    • Things to do

      Things To Do

      Purchase Gift Certificates

      Upcoming Events

      Deals & Promotions

      Dine & Drink

      Retail

      Business Directory

      Featured Businesses

      Entertainment

      Arts, Culture & Film

      Festivals & Events

      Live Music

      Parks & Outdoors

      Tours

      Unique History

      Wellness & Exercise

      Upcoming Events

    • Morristown Happenings

      Morristown Partnership Events

      North Pole at North Park Place

      Morristown Restaurant Week

      Meet Me in Morristown

      Morristown Farmers Market

      Morristown Festival on the Green

      Halloween Trick or Treat

      Morristown Happenings

      News

      Announcements

      Upcoming Events

      Sponsorships

      Advertising

    • Visitor Information
      • Hotel Accommodations
      • Parking
      • Directions
      • Getting Around
      • Business Directory
      • Unique History
    • Living Essentials
      • Residential Apartments
      • Grocery & Shopping
      • Spiritual Life
      • Hospital & Medical
      • Education
      • Libraries
      • Pet
    • Do Business

      Do Business

      Business Login

      Register Your Business

      Business Directory

      Employment Opportunities

      Advertising

      FAQ for Businesses

      Starting a Business in Morristown Guide

      Available Space

      Search Commercial Space

      Submit a Listing

      Morristown Key Tenant Map

      Why Morristown

      Why Morristown

      Demographics & Market Data

    • Commercial Development

      Commercial Development

      Current Projects

      Business & Development Resources

      Plans & Reports

      Municipal Navigation for Developers

      Economic Development History

      Available Space

      Search Commercial Space

      Submit a Listing

      Morristown Key Tenant Map

      Featured Project

      The five-story, 70,000 square foot apartment/retail complex including 22,000 square feet of street-level retail storefronts is located at 35-41 Market St in Morristown. The project includes 54 Residential Units. Vertical Realty Capital LLC/ Stolar Capital Marchetto Higgins Stieve Architects Katerra
    Morristown Partnership
    • Home
    • Things to do
      • Purchase Gift Certificates
      • Upcoming Events
      • Deals & Promotions
      • Dine & Drink
      • Business Directory
      • Featured Businesses
    • Morristown Happenings
      • News
      • Announcements
      • Sponsorship & Advertising
    • Visitor Information
      • Parking
      • Hotel Accommodations
      • Directions
      • Getting Around
    • Residential Apartments
      • Grocery & Shopping
      • Spiritual Life
      • Education
      • Hospital & Wellness
      • Libraries
      • Pet
    • Do Business
      • Available Space
        • Submit a Listing
        • Search Commercial Space
      • Why Morristown
        • Recruiting & Marketing
        • Demographics & Market Data
      • How to FAQ for Businesses
      • Sponsorship & Advertising
      • Submit Employment Opportunities
    • Commercial Development
      • Available Space
        • Search Commercial Space
        • Submit a Listing
      • Current Projects
      • Business & Development Resources
      • Plans & Reports
      • Municipal Navigation for Developers
    • Who we are
      • Board of Trustees
        • Board Elections
      • Staff
      • Membership
      • Committees
      • Affiliations
      • FAQ
      • Resources
        • Economic Development Timeline
        • Report Lighting Outage or Damage
      • Press Releases
    • Sponsorships
      • Morristown Partnership Events
        • Morristown Restaurant Week
        • Meet me in Morristown
        • Morristown Farmers Market
        • Morristown Festival on the Green
        • Christmas Festival at the Morristown Green
      • Event Sponsor Recognition
      • Advertising
      • Donate Now
    • Upcoming Events
      • Plan Your Event
      • Add An Event
      • Volunteers
    • Contact
    • Business Login
    • Tours
    • Parks & Outdoors
    • Live Music
    • Arts, Culture & Film
    • Wellness & Exercise
    • Unique History
    • Festivals & Events
    • Morristown Restaurant Week
    • Meet Me in Morristown
    • Farmers Market
    • Morristown Festival on the Green
    • Christmas Festival at Morristown Green
    • Halloween Trick-or-Treat
    • Upcoming Events