Bristol-Myers Squibb plans to build a 650,000-square-foot office building on company-owned land at the intersection of Princeton Pike and Interstate 295 in Lawrenceville, New Jersey. Construction is expected to begin this fall, and the new facility is expected to open by the end of 2016.

The new facility is part of the company's broader strategic plan to modernize its workspace to enable greater collaboration, increase technological capabilities, and enhance productivity. The new facility will allow the company to consolidate operations currently located in leased office space at 777 Scudders Mill Road in Plainsboro Township and at Nassau Park Boulevard in West Windsor Township. The Princeton Pike location was purchased by Bristol-Myers Squibb from RCN Corp. in 2001.

The Lawrence Township Planning Board unanimously approved final site plans for the new campus in June. The new campus will be the company's second in Lawrence Township, joining its worldwide headquarters at US Route 206 and Province Line Road, which opened in 1971. The company currently employs more than 2,000 people at the Route 206 campus and more than 6,000 in Central New Jersey. Once completed, as many as 2,500 people will work at the new facility.

The new facility represents the company's broader strategic initiative to modernize its facilities through improved technology, more efficient design and workspace that enables collaboration, creativity, and innovation. Employees will have tools to collaborate and enhance their productivity, including personal desktop video capabilities and an immersive, high-definition video conferencing environment. The entire working environment will be both wired and wireless to enable employees to access the applications and information they need no matter where they are on the campus while using whatever computing device makes them most productive. Bristol-Myers Squibb is introducing similar open work spaces around the world. The buildings are targeted to meet LEED (Leadership in Energy & Environmental Design) certification standards for energy and environmental design.

Source: Bristol-Myers Squibb