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JMF to Redevelop Former Colgate-Palmolive Campus
JMF Properties has been designated the redeveloper of the former Colgate-Palmolive industrial campus on East Hanover Avenue, straddling Morris Township and Morristown, NJ. The consumer products manufacturer had occupied the site for more than 60 years before announcing a sale in 2013.
Both residential and retail uses are planned for the 64-acre site. JMF acquired the property from Colgate-Palmolive and submitted a redevelopment proposal to municipal officials, who have granted final site approval.
“As a Morris County-based developer, we’re delighted to have secured such a well-located property with significant potential for both commercial and residential uses right here in our backyard,” said JMF founder Joseph M. Forgione. “We have a real vision for this site, and look forward to working with Morris Township, Morristown and neighboring communities to deliver a project that will add to the vitality and financial stability of their towns for years to come.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Development
