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Hopewell Corporate Campus

Completion Dates October 2000 through February 2002
Published April 2001

To meet the company's future growth and related business needs and to consolidate operations currently housed in a number of locations throughout the Tri-State area, Merrill Lynch employees are beginning to occupy a 450-acre campus in Hopewell Township, N.J.

 

The campus is designed with one major open space surrounded by buildings to form a horseshoe. As one drives in, they pass a "central park" type space that transitions from the natural wetlands into the campus and includes two ponds with an adjoining stream. Further into the campus is a "town center," which is the hub of the campus. The buildings are situated similar to an "academic quad" and have the feel of a university quadrangle.

Phase One of the project includes eight office buildings, four assembly buildings, and four parking structures, totaling 1.5 million sf on approximately 200 acres. The buildings are divided into four clusters each consisting of two office buildings, one assembly building, and one parking structure. Each cluster also shares a central mechanical plant. The central plant not only offers Merrill Lynch economies and redundancies but also conserves energy. Additionally, these central plants are equipped with an ice manufacturing system that significantly reduces energy usage for air conditioning.

The telecommunications infrastructure provides complete fully diverse access to the multiple voice and data service providers necessary to support Merrill Lynch's significant current and future requirements. Two buildings on the new campus house the technology support facilities. The 8,000-sf Primary Campus Infrastructure Room is housed in Building One and accommodates expansion up to 11,000 sf. The 4,000-sf Secondary Campus Infrastructure Room is in Building Four. Both rooms are supported with a standard technology environment including a raised floor, 24/7 cooling system, a conditioned/uninterrupted power system, and generator back up. Buildings Two through Eight will each house smaller, 2,000-sf Building Technology Infrastructure Rooms containing cable entrance facilities, building Main Distribution Frames, LAN backbone routers and switching facilities, and other building specific technology infrastructure.

Each building contains lobbies with vaulted skylight ceilings, marble floors and carpeting, and break rooms at the center of every office floor. Conference rooms, located at the center of every office floor in each building, vary in size and can accommodate between eight to 50 people. Two rooms per building have been fully outfitted with audio-visual equipment and all other rooms contain the infrastructure to accommodate temporary audio-visual equipment. The Great Room, located in Assembly Building C, contains a 13'-high ceiling, complete audio-visual technology, and can accommodate up to 440 people for large gatherings or presentations.

Other amenities include a 300-child Family Care facility, Fitness Center, post office, dry cleaners, medical clinic, hair salon, fire station, athletic fields, exercise trails, and several indoor/outdoor cafeterias. Surrounding the campus and its loop road is a 1.5-mile jogging trail. South of the campus, the outdoor recreation area consists of two volleyball courts, four softball fields (one of which is lighted), a basketball court, and two tennis courts.

A five-acre water garden features two manmade ponds, a stream, and waterfall. The water in these ponds will be used for site irrigation and will be replenished from an on-site well. The waterfall is part of a recirculating system that will aerate the water. Adjoining these ponds are walking paths, sitting areas, a dining terrace, and a lawn amphitheater to be completed by summer 2001.

The Hopewell campus preserves and retains more than 150 acres of existing mature woodlands and wetlands areas as open space. Nearly 70 acres of wetlands will remain untouched. Approximately seven acres of additional manmade wetlands were created to be water quality basins. These basins serve to pre-filter out sediments, chemicals, and non-point source pollutants from storm water run off before it enters the online detention system.

Since portions of this area were historically farmed, the site consists of gently rolling hills and four small, intermittent streams that drain into Jacobs Creek.

Project Information
Building Owner: Merrill Lynch & Co., Inc.
Owner Contact: Mark Wetherbee, Sr., VP, Hopewell Administration
Building Location: Hopewell Township, NJ UNITED STATES
Project Type: New Construction
Principal Building Function: Back office support
Project Delivery Method: Construction Management
Project Timeline
Jan 1995Planning Start
Apr 1997Design Start
Apr 1999Construction Start
Feb 2002Target Completion
Project Cost: $500,000,000
Construction Cost: $34,000,000
About These Cost Figures
Building Information
Project Includes: Central Power Plant
Conference Room
Daycare
Office
Parking Structure
Total GSF: 1,500,000
Efficiency: 85%
Building Population: 6500
People Density: 231 gsf/person
Building Services: Wired for state-of-the-art technology and communications; video conferencing; energy efficient mechanical systems
Office Size: 60-120 NSF
Structure/Foundation: Steel frame with moment connections
Project Team
Profile Created 04/01/2001
Last Updated 04/04/2006
About the Reported Cost Figures
The cost figures reported are supplied by the firms that submitted these projects for publication, which in most cases are the designers or builders. Whereas these sources are intimately familiar with their projects, they may not be fully aware of the owners' finally-realized and recorded costs. In some cases, costs are truly and completely accounted for, and in others they represent a near approximation of the final costs. Costs have not been adjusted for year of construction, nor has any attempt been made to make regional cost adjustments.

Further, costs are not comparable on any kind of detailed standard costing model. Hence, it is possible for the cost of one building to include a steam boiler, while the cost of a comparable building might not include the boiler, if steam is being supplied from an already existing campus grid. Or, in another case, a building might include excess boiler capacity to supply steam to another building. Some submittals include fees or unusual site improvements as part of the construction costs, which others do not.
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Aerial View

Photo courtesy of Merrill Lynch & Co.




Merrill Lynch

Photo courtesy of Merrill Lynch & Co.




Building 3

Photo courtesy of Merrill Lynch & Co.




Hopewell Campus

Photo courtesy of Merrill Lynch & Co.

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ISSN: 1096-4894