BMW plans to sell off 20 acres of its North Jersey corporate headquarters

May 7, 2024

BMW is selling off 20 acres of its North American headquarters, which is in Woodcliff Lake, NorthJersey.com has learned, though it’s unclear what would go there.

The planned sale was confirmed by BMW spokesperson Phil Dilanni.

Dilanni said BMW is consolidating operations at its U.S. headquarters from four buildings into three at the Woodcliff Lake campus toward the end of 2025, but not reducing its employee head count. BMW’s headquarters in the borough spans roughly 86 acres, said Mayor Carlos Rendo…

New Jersey’s suburbs have become ripe for this kind of redevelopment. They’ve been saturated with office parks stretching back to the 1980s, during an office-building boom, said James Hughes, a professor of urban planning and policy development at Rutgers University.

Many of those fell out of vogue even before the pandemic, Hughes said, as younger talent flocked to urban centers.

The mayor said there could be some controls on housing — such as limiting it to one- and two bedroom — so as not to inundate local schools and such public services as the police and fire departments.

NorthJersey.com, May 7, 2024

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