The international fashion giant, which was approved for a 10-year, $33.1 million Grow NJ credit last fall, signed a lease earlier this month to move its offices to the former Hoffmann-La Roche site on Route 3, which straddles the municipalities of Nutley and Clifton.
The move keeps 500 jobs in the state and will need to create 200 more if the company wants the complete award.
Ralph Lauren had been considering a move to High Point, N.C., giving New Jersey a rare win over that state.
The lease is also another victory for ON3.
Read more from ROI-NJ:
- Prism’s Diaz about ON3: ‘We are turning away some firms that wanted to be here that we didn’t think were up to snuff’
- ON3, former Roche campus in Nutley/Clifton, takes another step toward completion
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