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Published in U.S. 1 Newspaper on July 12, 2000. All rights
Rooms at the Inn
Of the nearly 20 hotels that are planned, under
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
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
hotel and will be divided by the future Meadow Road overpass.
Sam Surtees, director of community development, has voiced the
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
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
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
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.
Stephanie Sharp, founder. 609-392-8724; fax, 609-392-8725. Home
Stephanie Sharp has moved her graphic design studio from Marietta,
Georgia, to Hamilton. The nine-year-old business creates and
strategic design for corporate identity and marketing communications.
"With today’s technology it’s extremely easy to interact with
clients in other regions," says Sharp (West Texas State, Class
of 1984), who intends to keep her Georgia clients. Sharp Designs
not be confused with Sharp Design, a Robbinsville-based engineering
firm focused on the pharmaceutical industry.
204, Princeton 08540. Pasquale DeAngelis, chief financial officer.
609-919-3560; fax, 609-919-3570. Home page:
Jeremy Goldberg and Jay Moorin are partners in this venture capital
firm that focuses on cancer research. The firm moved from Palmer
and has a new phone and fax.
08619. 609-689-9115. www.commerceonline.com.
Jill R. Nowak, 33, will be the assistant vice president and branch
manager of Commerce Bank’s new Quakerbridge office, situated in a
new two-story building in Mercerville. The facility, which will serve
as the bank’s regional headquarters, will have a grand opening on
Saturday, August 12.
Novak earned a business administration degree from Thomas Edison State
College and most recently was vice president and market manager at
Summit Bank’s Mercerville office. Commerce Bank is based in Cherry
Commons, Princeton 08540. Russell Conrad, partner. 609-252-9000; fax,
These stockbrokers moved from Research Park to Montgomery Commons.
08525. Ruth Luse, managing editor, Hopewell Valley News. 609-466-1190;
Three Packet Publication papers moved from Pennytown Shopping Center
to East Broad Street in Hopewell. Tom Furman is the editor of the
Lawrence Ledger and May Rhine edits the Lambertville Beacon.
08542. 609-921-0220; fax, 609-921-3530. Home page:
The discount stockbroker, anticipating a move to another location
in Princeton, has temporarily closed its doors here. Meanwhile,
service is being handled by Joe Azzaro, district manager, from the
Marlton branch at 3 Greentree Center, Suite 101, Marlton 08053
The full service discount brokerage offers bonds, IRAs, and mutual
Lawrenceville 08648. Ross J. Culligan, regional sales manager.
This one-person regional sales office, part of the packaging division
of the global aluminum company headquartered in Richmond, has left
Main Street in Lawrenceville. Clients wishing to reach this
division can call the national sales manager, Jim Wilson, at
104 Carnegie Center, Princeton 08540. Mikihiko Obayashi PhD,
609-452-1113; fax, 609-452-1218. Home page:
The R&D center of Japan’s largest pharmaceutical company will move
from the Carnegie Center to Lincolnshire, Illinois, by the end of
the year. It will join Takeda Pharmaceuticals America. About 35 people
work in this office. At this time last year, the center was
FDA approval to market a type 2 diabetes drug, Actos.
glass blower at Electro Mechanical Research in Princeton Junction.
Institute for Advanced Study.
Princeton Insurance Co. on Alexander Road.
and radio stations in Tulsa, Oklahoma.
Restaurant and worked for the Lawrence Board of Education and General
in Trenton, DeCou Tavern in Hamilton, and the Revere Restaurant in
from the Hopewell Township Police Department.
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