Morristown received news that Sanofi, the French multinational pharmaceutical and healthcare company, will be moving its New Jersey flagship location to downtown Morristown. This move relocates all 1,900 Bridgewater based employees to the brand new, state-of-the-art M Station West building. This move will take place in two phases in the fourth quarter of 2024 and first quarter of 2025.
“On behalf of the entire town of Morristown, I am thrilled to welcome Sanofi and their team to our vibrant business community,” said Mayor Tim Dougherty. “The addition of this high caliber global organization will surely invigorate Morristown’s downtown while supporting established retailers and restaurants. Healthcare is an integral part of the Morristown community and the addition of this important life sciences campus will only reinforce Morristown’s already exemplary position in this industry. Our world-class charming town, with excellent housing options and Midtown Direct train line, will no doubt be a perfect home for Sanofi’s flagship New Jersey location. We look forward to our new neighbors in 2024!”
Sanofi’s announcement comes on the heels of several other large organizations, across industries, who have chosen Morristown as their new homebase. Big Four accounting firm Deloitte relocated to Morristown recently from Parsippany, now occupying M Station East. Valley National Bank will be moving their headquarters to Morristown’s thriving downtown district in the coming years as well.
In 2022, Morristown was named one of the “Best Places to Live” in the United States by both Money.com and Livability polls. Residents and visitors enjoy a walkable downtown, with worldclass restaurants, shopping, and nightlife. The Mayo Performing Arts Center draws big name artists to its quaint and iconic venue. Morristown also offers easy commuting access to New York City via the New Jersey Transit rail and bus system.
“Every town needs a symbiotic blend of high-quality office, residential and retail development in order to create a thriving local economy,” said Steve Pozycki, Founder and CEO of SJP Properties. “Mayor Dougherty and his administration understood the necessity of bringing highcaliber corporate tenants to Downtown Morristown, which offers an energized nightlife, but lacked the daytime foot traffic critical to supporting local retailers that are the lifeblood of the community. Over the past three years, SJP’s developments have welcomed three major corporate employers — Deloitte, Valley Bank and now Sanofi — and thousands of employees, to Morristown, bolstering the retail market and proving that companies want new, live/work/play environments in transit-oriented downtowns in order to successfully attract and retain the best talent.” To learn more about everything Morristown has to offer, visit townofmorristown.org.
Article Courtesy of the Town of Morristown.