“LATITUDE” Campus Rebrand Taps into Bi-Coastal Connectivity Theme, Reflects Deep Hospitality Focus

Vision Real Estate Partners Unveils Plans for Parsippany, N.J., Destination Property. End Quote

Bergen-Passaic, NJ (1888PressRelease) May 15, 2018 - Imagine starting the day with a quick egg and bagel breakfast on the East Coast and a late morning latte on the West Coast, completely ignoring any need for transportation in between. By mid-day, a social but working lunch features a choice of Philly cheese steak sandwiches or authentic Louisiana soul food. After hours, a workout in one of two distinctly themed weight rooms and a sauna visit could end the day right. This bi-coastal amenity theme and impressive hospitality-focused experience are central to Vision Real Estate Partners and Rubenstein Partners’ newly unveiled LATITUDE, located on Interpace Parkway in Parsippany.

Designed by the joint venture as a comprehensive rebranding and reintroduction of its recently acquired office campus previously known as Morris Corporate Center IV, the multi-million-dollar LATITUDE repositioning will serve to unify and enhance that original, circa 2000 two-phase development. The result will be a single, 30-acre campus offering 700,000 square feet of premier corporate, health, wellness and lifestyle-focused work spaces.

As the operating partner for LATITUDE, Vision Real Estate Partners teamed with architecture firm NELSON and brand experience firm FRCH Design Worldwide to reconceptualize the campus. “The two pods of interconnected buildings comprising LATITUDE create a long span of Class A space running parallel to I-80 – the great coast-to-coast roadway,” noted NELSON’s Rich Wilden, design director. “We leveraged this geographic interstate reference as the concept inspiration, which enriched our overall design. Ultimately, Vision Real Estate Partners is building upon this established Class A property and its own legacy as a developer of experiential workplaces to create a truly distinctive environment within the Morris County marketplace.”

LATITUDE East and West will be physically joined by a newly constructed, 2,500-square-foot glass entrance and amenity center. This architecturally defining component will create a tiered atrium and ceremonial entryway featuring water elements and a grand staircase connecting the two-building pods as well as their lower and upper levels. It will serve as the property’s core, facilitating access to interior and exterior amenity experiences including multiple and distinct dining options, complementary fitness centers, town hall gathering spaces, courtyards for social and business gatherings, and expansive lawn and outdoor recreational areas including locations for pop-up vendors and specialized events.

Traveling from one end of the property to the other, artistic elements, color palettes and cuisine options will transition through “time zones” from a distinctly East Coast feel to a West Coast flavor. The ambiance will be punctuated by the incorporation of graphical branding and interior design centered on the LATITUDE logo. The angular image captures the spirit of the overall plan, going back to the days of early travel using an antique compass, while also representing the peaks and valleys found on a coast-to-coast journey.

“The entire concept connotes discovery and exploration,” noted Garrett Rice, a senior designer with FRCH Design Worldwide. “While the transitions and shifting patterns found on the wall coverings are subtle, they promote the sense of moving from one space to another. Every element will show a relationship to the larger LATITUDE brand. The atmosphere and mindset are really that of a five-star vacation destination rather than a traditional office environment.”

The creation of locations that go beyond workspaces to become destinations in and of themselves is a hallmark of Vision Real Estate Partners, according to Sam Morreale, the firm’s founder and managing partner. “We begin with high-quality, well-located physical assets,” he noted. “But as we work to create our hallmark next-generation environments, each project commands its own approach.

“We spend time listening to corporate users and tenants, and then we craft spaces that reflect what they want and need,” he added. “In that sense, we are as much in the hospitality business as the office space business. Our workplace designs foster collaboration and productivity, with amenities that enable employees to make life experiences part of their career journeys. We are excited to see this philosophy come to life at LATITUDE.”

“There’s a commonly held idea that suburban offices lack both a sense of place and a social center. The reality varies from property to property, but we do believe there is considerable value to add through investments in social, recreational, and business amenities at best-in-class suburban assets,” said Steve Card, principal and regional director Mid-Atlantic for Rubenstein Partners. “Latitude is a great example of the kind of amenity development and programming we’re undertaking more broadly across several geographically diverse assets. We’ll be pleased to see this project come to fruition, and also to see the concept expand across the regions we invest in, with the development of new standalone amenity centers, premier outdoor spaces, and other plans tailored to the individual properties.”

Demolition and interior construction has begun throughout Latitude’s buildings, which are distinguished by their timeless granite architecture and highly efficient floorplates. In addition to the incorporation of increased indoor and outdoor amenity space, the renovation work includes the construction of covered parking providing a ratio of four spaces per 1,000 square feet.

About Vision Real Estate Partners (http://www.caryl.com/vision-real-estate-partners-real-estate/)

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