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Published in U.S. 1 Newspaper on July 12, 2000. All rights
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Rooms at the Inn
E-mail: BarbaraFox@princetoninfo.com
Of the nearly 20 hotels that are planned, under
construction,
or already built in the Princeton area, three are in the news. The
Holiday Inn on Route 1 South has been sold, the hotel at the Palladium
on Meadow Road is running into delays with its municipal approvals,
and a new hotel is being contemplated for Scotch Road near Trenton
Mercer Airport, to be built by Woodbridge-based American Properties.
Prime Hospitality Corp. has sold the Holiday Inn for $18.2 million
to Dallas-based Remington Hotel Corp. Remington is privately owned
by members of the Bennett family. Prime Hospitality also owns
AmeriSuites
on Route 1 south near MarketFair and says it wanted to invest in its
own brands rather than in a Holiday Inn brand. Prime owns or operates
25 hotels in New Jersey and more than 200 in the United States and
the U.S. Virgin Islands. The Holiday Inn is a full service hotel with
240 rooms, restaurant, lounge, conference, and banquet facilities
for 300 to 500 people.
On the Palladium: West Windsor’s planning board will meet Wednesday,
July 19, to vote on plans for the 750,000 square foot hotel and office
complex planned for Route 1 and Meadow Road, across from MarketFair.
The project involves three five-story office buildings and a
four-story
hotel and will be divided by the future Meadow Road overpass.
Sam Surtees, director of community development, has voiced the
township’s
concerns over stormwater runoff and affordable housing payments. The
developer is challenging the affordable housing fees, and the township
has some worries about stormwater runoff into Little Bear Brook that
could cause flooding.
American Properties has had “only conceptual” talks about
a hotel with Ewing Township, says Greg Caiola, the economic
development
officer. This developer — headed by Randy Csik and represented
by Princeton-based Michael Wilburn — does residential, office,
and commercial projects. Through affiliate companies it owns the
Woodbridge
Sheraton and the Edison Clarion, and it also plans a Hilton Garden
at Raritan Center.
Its more immediate project is 108 condominium units, costing about
$130,000 for 1,300 square feet, in three-story buildings to be
clustered
along Scotch Road. The developers would buy 12 acres of an undeveloped
portion of the First Presbyterian Church’s cemetery property, and
the church would use those proceeds to build a mausoleum.
Sharp Designs, 50 Florence Street, Hamilton 080610.Stephanie Sharp, founder. 609-392-8724; fax, 609-392-8725. Homepage: www.sharpdes.com.Stephanie Sharp has moved her graphic design studio from Marietta,Georgia, to Hamilton. The nine-year-old business creates andimplementsstrategic design for corporate identity and marketing communications.”With today’s technology it’s extremely easy to interact withclients in other regions,” says Sharp (West Texas State, Classof 1984), who intends to keep her Georgia clients. Sharp Designsshouldnot be confused with Sharp Design, a Robbinsville-based engineeringfirm focused on the pharmaceutical industry.Top Of PageExpansionsProquest Investments, 600 Alexander Park, Suite204, Princeton 08540. Pasquale DeAngelis, chief financial officer.609-919-3560; fax, 609-919-3570. Home page:www.proquestinvestments.com.Jeremy Goldberg and Jay Moorin are partners in this venture capitalfirm that focuses on cancer research. The firm moved from PalmerSquareand has a new phone and fax.Commerce Bank, 3470 Quakerbridge Road, Mercerville08619. 609-689-9115. www.commerceonline.com.Jill R. Nowak, 33, will be the assistant vice president and branchmanager of Commerce Bank’s new Quakerbridge office, situated in anew two-story building in Mercerville. The facility, which will serveas the bank’s regional headquarters, will have a grand opening onSaturday, August 12.Novak earned a business administration degree from Thomas Edison StateCollege and most recently was vice president and market manager atSummit Bank’s Mercerville office. Commerce Bank is based in CherryHill.Top Of PageCrosstown MovesCantella & Co. Inc., 221 Commons Way, MontgomeryCommons, Princeton 08540. Russell Conrad, partner. 609-252-9000; fax,609-252-9166.These stockbrokers moved from Research Park to Montgomery Commons.Hopewell Valley News, 52 East Broad Street,Hopewell08525. Ruth Luse, managing editor, Hopewell Valley News. 609-466-1190;fax, 609-466-2123.Three Packet Publication papers moved from Pennytown Shopping Centerto East Broad Street in Hopewell. Tom Furman is the editor of theLawrence Ledger and May Rhine edits the Lambertville Beacon.Top Of PageLeaving TownOlde Discount Stockbrokers, 14 Nassau Street,Princeton08542. 609-921-0220; fax, 609-921-3530. Home page:www.oldediscount.com.The discount stockbroker, anticipating a move to another locationin Princeton, has temporarily closed its doors here. Meanwhile,accountservice is being handled by Joe Azzaro, district manager, from theMarlton branch at 3 Greentree Center, Suite 101, Marlton 08053(800-369-3255).The full service discount brokerage offers bonds, IRAs, and mutualfunds.Reynolds Metals Co., 2683 Main Street, Suite B,Lawrenceville 08648. Ross J. Culligan, regional sales manager.This one-person regional sales office, part of the packaging divisionof the global aluminum company headquartered in Richmond, has leftMain Street in Lawrenceville. Clients wishing to reach thisdivision can call the national sales manager, Jim Wilson, at804-281-4612.Takeda America Research and Development CenterInc.,104 Carnegie Center, Princeton 08540. Mikihiko Obayashi PhD,president.609-452-1113; fax, 609-452-1218. Home page:www.takedaamerica.com.The R&D center of Japan’s largest pharmaceutical company will movefrom the Carnegie Center to Lincolnshire, Illinois, by the end ofthe year. It will join Takeda Pharmaceuticals America. About 35 peoplework in this office. At this time last year, the center wascelebratingFDA approval to market a type 2 diabetes drug, Actos.Top Of PageDeathsMarion D. Diefenbach Jantz , 80, on June 30. She was aglass blower at Electro Mechanical Research in Princeton Junction.James William Farrior , 59, on July 2. He worked at theInstitute for Advanced Study.Rosalinda B. Galarrita , 49, on July 2. She worked at thePrinceton Insurance Co. on Alexander Road.S. Carl Mark , 86, on July 3. He owned WTTM in Trentonand radio stations in Tulsa, Oklahoma.William J. Sinteff Sr. , 64, on July 4. He worked at McGrawHill.Samuel S. Manfredo , 77, on July 6. He owned Villa CapriRestaurant and worked for the Lawrence Board of Education and GeneralElectric.Victor J. Aiello , 78, on July 6. He owned Jules Tavernin Trenton, DeCou Tavern in Hamilton, and the Revere Restaurant inEwing.John J. Moran Jr. , 56, on July 6. He retired in Januaryfrom the Hopewell Township Police Department.Frank R. Henderson , 61, on July 9. He worked atEducationalTesting Service.Previous StoryCorrections or additions?This page is published by PrincetonInfo.com— the web site for U.S. 1 Newspaper in Princeton, New Jersey.
