Somerset Development aims to turn the once glorious Bell Labs headquarters into a mixed-used town center, Fortune reports.
Designed by Eero Saarinen in the late 1950s, the two-million-sf, steel-and-glass building was one of the best-funded and successful corporate research laboratories in the world.
According to Fortune, President of Somerset Development, Ralph Zucker, swooped in when he found out that a deal to sell the headquarters to Preferred Real Estate Investments, which was planning on demolishing the site, crumbled.
Because there isn’t much demand for massive office buildings, and Zucker has no interest in turning it into a museum, he is planning instead to convert the iconic structure into a vibrant town center filled with restaurants, shops, and offices.
“An urban oasis in the middle of the suburbs,” Zucker told Fortune. “As well as a monument to American ingenuity.”
Read the full story on Fortune.
Related Stories
Mixed-Use | Jul 17, 2020
Ryan Companies breaks ground on 122-acre Highland Bridge redevelopment in St. Paul, Minn.
The community’s goal is to provide 100% renewable energy to its houses and businesses.
Mixed-Use | Jul 15, 2020
1928 hotel reimagined as new residential and cultural hub in Merced, Calif.
Page & Turnbull designed the project.
Mixed-Use | Jul 14, 2020
Apartments and condos occupy what was once a five-story car dealership
Wisznia | Architecture+Development designed, developed, and is managing the project.
Mixed-Use | Feb 21, 2020
SB Architects to design Fort Lauderdale’s FATVillage mixed-use destination
The project will build upon the existing FATVillage Arts District.
Mixed-Use | Feb 14, 2020
Kenya’s Pinnacle Tower will be the tallest tower in Africa
ArchGroup Consultants is designing the project.
Mixed-Use | Feb 13, 2020
1010 On-The-Rhine creates a walkable destination in Cincinnati
GBBN designed the project.
Sustainability | Feb 12, 2020
KPF unveils The Pinnacle at Central Wharf, a high-performance, resilient tower
The project will reconnect Downtown Boston to the waterfront.
Mixed-Use | Feb 11, 2020
KTGY unveils designs for Downtown Superior’s Main Street mixed-use portion
The development will be built in Superior, Colo.
Mixed-Use | Feb 7, 2020
Rising to the occasion
Roof deck entertainment spaces are popular amenities that present engineering and code complexities.
Mixed-Use | Jan 27, 2020
Dubai’s One Za’abeel will have the world’s largest cantilever
Nikken Sekkei is designing the project.