CopperWood Senior Living Plans Groundbreaking for Historic Peapack-Gladstone Campus

Project Overview

On November 4, 2026, at 11 a.m., developers will host a ceremonial groundbreaking for CopperWood Senior Living, a project focused on the adaptive reuse of the former Pfizer/Beneficial Finance corporate campus in Peapack, New Jersey. The nearly $200 million initiative aims to transform the vacant, postmodern office complex into a luxury senior living community featuring 214 residences.

Historical Significance and Design

Originally designed in 1979 by architect Bob Hillier, the campus has been nominated to the National Register of Historic Places. Hillier designed the site with a focus on human scale, avoiding massive corporate structures in favor of smaller, more intimate buildings. The renovation seeks to preserve this architecture while providing:

• Independent living, assisted living, and memory support services.
• A ten-megawatt solar field for renewable energy.
• Publicly accessible walking trails and an on-site restaurant, Copper Chophouse.

Development Context

The Peapack-Gladstone Land Use Board granted unanimous approval for the redevelopment in September 2025. Developers Melillo Equities and PointsFive, alongside management firm Distinctive Living, highlight the project as a sustainable alternative to new construction, noting that it repurposes existing assets rather than clearing land.

How to Learn More

Interested parties can visit the CopperWood Senior Living Leasing Center located at 240 Main Street, Suite 300, Gladstone, NJ 07934, or contact them at (908) 728-6515. Additional information and drone footage of the site are available on the project’s official website at https://experiencecopperwood.com