Tri-state briefs: LG Electronics to build new $300M North American headquarters

New York /
Jan.January 09, 2012 03:30 PM

From the January issue: Local officials voted last month to allow LG Electronics USA to build its new $300 million North American headquarters in Englewood Cliffs, the Bergen Record reported. LG had filed an application last year to replace the company’s current headquarters on Sylvan Avenue — and office space it rents in two other buildings — with a 493,167-square-foot complex. At eight stories, the facility’s central building will be the tallest in the borough and peak above the tree line of the Palisades, a fact that has drawn criticism from the Palisades Interstate Park Commission. The Englewood Cliffs Zoning Board of Adjustment voted to grant the company several variances, including one that would allow a 143-foot-tall building in an area zoned for structures no taller than 35 feet. “This is really a major milestone and gives us the confidence to move forward with this major project,” said John Taylor, vice president of public affairs and communications at LG, which manufactures cell phones, televisions and other appliances. The company said it hopes to break ground in 2012, pending approval from the state Department of Transportation. [more]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Canadian industrial building boom looms
Canadian industrial building boom looms
Canadian industrial building boom looms
Aman CEO Vladislav Doronin and the upcoming towers. (Getty, DBOXCG)
Japan’s tallest tower project will include Aman Resorts luxury residences
Japan’s tallest tower project will include Aman Resorts luxury residences
Miami-Dade Mayor Daniella Levine Cava (Getty, iStock)
Miami-Dade resumes pre-pandemic evictions after unannounced February break
Miami-Dade resumes pre-pandemic evictions after unannounced February break
Scott Stringer (Getty, New York City Comptroller, iStock)
Stringer’s housing plan doesn’t pencil out: developers
Stringer’s housing plan doesn’t pencil out: developers
State Sen. Brad Hoylman and State Assemblymember Harvey Epstein (Getty)
Lawmakers propose canceling restaurant rent, providing relief for landlords
Lawmakers propose canceling restaurant rent, providing relief for landlords
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...