The Town of Westfield has approved a set of impactful modifications to the One Westfield Place redevelopment project, advancing the vision for the continued revitalization of Westfield’s downtown core.
The updated plan, shaped by an extensive public review process, reflects feedback from the community and evolving market conditions.
Guy Leibler, president of Development at Saks Global, is pleased with the approval, noting “the One Westfield Place project is now ready to move forward and deliver the office space the New Jersey tenant is looking for and add a new dimension in residential living in the downtown.”
Among the key updates are a reduction in the overall office footprint, a reconfiguration of the parking layout, and a decrease in the cap on municipal bond funding. Highlights include:
● 120,000 square foot Class-A office building located at the train station with an adjacent parking garage, offering premier transit-oriented space tailored to the evolving needs of New Jersey’s suburban office market.
● 75,000 square feet of office space with dedicated parking created through the adaptive reuse of the former Lord + Taylor building, designed for a headquarters or flagship like boutique firms, creative industries, medical, or professional services.
● Residential offerings include 138 apartments, 32 townhomes, and 35 lofts throughout downtown.
● A reduction in the cap on municipal bond funding, underscoring the Town’s commitment to fiscal stewardship and public-private balance.
One Westfield Place plans also include enhancing public space amenities. Highlights include:
● Improved pedestrian connectivity and transit access through dedicated bikeways, walkways, rideshare services, and pick-up & drop-off locations.
● Over two acres of green space, transforming surface parking lots into a Town Square and Town Green, north and south of the train station.
● A dynamic mix of retail, dining, and cultural uses, curated to serve residents, office users, and the surrounding community.
“These thoughtful adjustments strike the right balance between fiscal responsibility, community priorities, and long-term economic vitality,” Westfield Mayor Shelley Brindle said. “We believe this revised plan enhances Westfield’s position as a regional destination for business, culture, and high-quality living.”
Cushman & Wakefield’s Robert Donnelly, Robert Donnelly Jr. and Kim Brennan serve as leasing agents for the two office development opportunities within the overall One Westfield Place project.
The One Westfield Place project continues to redefine the future of suburban mixed-use development, bringing modern office, retail, residential, and public spaces to the heart of downtown Westfield.
Saks Global is a combination of world-class luxury retailers, including Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue and Saks OFF 5TH, as well as a portfolio of prime U.S. real estate holdings and investments.
