Station areaUnder development
Morristown Station (One Lackawanna Place)
Morristown · 1 Lackawanna Place, triangular lot between Lumber St, Lackawanna Pl and Lafayette Ave, just east of the train station · apartments + retail · 89 units (13 affordable), about 5,111 sq ft of retail
Apartments at the Morristown station, ending a dispute of nearly two decades. A $40 million construction loan closed in January 2026; a groundbreaking date was not confirmed.
Approved January 2025; financing January 2026source, 2026-01-07
Station areaUnder development
The Metro (22 Lafayette Avenue)
Morristown · 22 Lafayette Avenue (former Staples strip mall), near the train station · apartments + extended-stay · 126 rental units; ROI-NJ also mentions 100 extended-stay units (unclear if included)
Mixed-use project approved by the Planning Board with One Lackawanna Place. Status as of 2025-01-28: approved.
Approved: January 2025source, 2025-01-28
Station areaProposed
NJ Transit Morristown station joint development (two parcels)
Morristown · Two NJ Transit parcels adjacent to Morristown station · TOD (office/residential/retail/parking) · Not specified
NJ Transit signed an exclusive negotiating agreement. Potential uses are Class A office, multifamily, ground-floor retail and parking. Pre-development due diligence is underway.
Exclusive negotiating agreement: October 2026source, 2026-11-05
Station areaUnder development
M Lofts (Spring Street)
Morristown · 35 Spring St. (Spring Street tract between M Station and Bethel A.M.E. Church) · apartments · 150 units (30 affordable); $78.3 million
Final phase of the M Station / Spring Street redevelopment, approved in October 2025. A groundbreaking date was not confirmed.
Approved October 2025source, 2025-10-24
Station areaBuilt / opened
M Station West (Sanofi U.S. flagship office)
Morristown · Morris Street (reported as 100 Morris Ave/St), between the train station and the Morristown Green · office · 260,000 sq ft; $130M; ~2,000 employees relocated from Bridgewater
Phase 2 of M Station opened as Sanofi's U.S. flagship office in May 2025.
Opened May 22, 2025source, 2025-05-23
Station area (downtown)Proposed
North Park Place / Washington Street redevelopment (SJP)
Morristown · ~3 acres, 11 lots on North Park Place and Washington St (incl. former Century 21 bldg at N. Park Pl & Speedwell Ave), plus 2–10 Washington St · mixed-use (apartments/office/retail) · ~214 units total (~160 + ~54); 100,000–120,000 sq ft office
Council conditionally designated SJP to redevelop properties along the Green.
Conditional designation: Aug 18, 2026 (90-day exclusive negotiation)source, 2026-08-19
Station area (downtown)Proposed
Speedwell Avenue redevelopment, Phase 3 (settlement)
Morristown · Speedwell Avenue from Speedwell to Clinton Place · apartments + retail · 70 units (11 affordable), up to 8,800 sq ft retail, 88 parking spaces
A court-approved settlement requires the town to amend the Speedwell redevelopment plan to allow this project.
Lawsuit filed: 2021; Settlement approved: Late Jan 2026source, 2026-01-30