BLS & Co. was engaged by Honeywell International to advise both on the choice of a new location for its global headquarters, and on exit strategies to reposition and redevelops its existing 143 acre headquarters campus in Morristown, NJ.
BLS & Co. managed a nationwide site selection process, and served as Honeywell's advisor and agent in securing and structuring of public sector incentives for the new headquarters. Candidate location included Arizona, Minnesota and Pennsylvania. New Jersey ultimately retained the 1,000 employee global headquarters at a new location.
BLS & Co. also developed the strategy under which the company assembled the team of professionals to secure rezoning and subdivision of the HQ existing site, and served on the project team providing overall strategy and management services, including fiscal and economic impact analysis and testimony as part of the land use approvals process.