Northeast Science & Technology Center: New Era of Innovation with Major Renovations

The Next Chapter for the Northeast Science & Technology Center

Major Renovation Unveiled

On November 20, 2025, the joint venture owners of the Northeast Science and Technology (NEST) Center, comprising Onyx Equities, Machine Investment Group (MIG), and Pivot Real Estate Partners, announced the launch of a multi-million dollar renovation project aimed at enhancing the campus's life sciences and technology environment. With an astounding 75,000 square feet of amenity space planned, the renovation is set to transform the NEST campus into a collaborative hub for innovation and research.

This ambitious project will specifically revamp the 1.2 million square foot 15 NEST building. The improvements aim to create an innovative ecosystem that not only supports the current tenants but also attracts future ones, ensuring that NEST remains a premier destination for life sciences and technology enterprises.

Vision Behind NEST

Matthew P. Flath, Senior Vice President of Asset Management at Onyx Equities, highlighted the foundational vision of the NEST as a convergence point for cutting-edge science, technology, and innovation. According to Flath, the enhancements are designed to provide a facility that befits the aspirations of the researchers and organizations that will inhabit the campus. The planned renovations promise to create a setting conducive to connection, collaboration, and discovery over the coming years.

Transformative Spaces and Amenities

The renovation project will overhaul various areas within 15 NEST, including the lobby, common corridors, cafeteria, fitness center, and auditorium. This transformation aims to establish a modern life sciences building equipped with centralized amenities that foster collaborative working environments across the campus. Noteworthy new features will include tenant lounges, exclusive dining rooms, a high-end coffee bar, and outdoor conference rooms encased in glass domes, creating an inviting atmosphere for creativity and interaction.

The updates do not stop at physical aesthetics. A mother's suite will also be incorporated, providing a spa-like environment that supports the wellness of tenants and their families.

Continued Legacy of Innovation

Since acquiring the NEST campus from Merck in 2023, Onyx and MIG have positioned NEST as home to numerous reputable organizations, including the New Jersey Institute of Technology, Revlon, and CoreWeave. Following a post-sale agreement with Merck, the pharmaceutical giant continued its operations within 15 NEST through September 2025, maintaining high-tech laboratories and biomanufacturing facilities.

While these R&D spaces are top-notch, the renovation projects are aimed at modernizing the surrounding amenity and common spaces. This comprehensive approach will ensure that every aspect of the facility delivers the same high standard of design, technology, and functionality that defines the NEST campus.

Timeline for Completion

The renovation process is outlined in two key phases. The first phase, which focuses on modernizing the central lobby and auditorium space, is projected for completion by mid-2026. The second phase will address further enhancing the additional shared spaces within the building, with anticipated completion by the end of 2026.

NEST: A Beacon of Innovation

The Northeast Science and Technology (NEST) Center spans over 100 acres, tailored specifically for life sciences and technology innovation. The campus is now more than just a workspace; it’s a vibrant community equipped to meet the demands of today’s research and development needs. Providing customizable office, laboratory, and biomanufacturing spaces, the NEST Center aims to cater to the growing demand within the tri-state area.

As the renovations unfold, the Northeast Science and Technology Center is set to inspire and accommodate future leaders in science and technology.

For further details or updates on NEST, interested parties can visit www.NestCenter.com. Additionally, to learn more about Onyx Equities, please visit www.OnyxEquities.com. For information on Machine Investment Group, check machineinv.com.