Bristol-Myers Squibb plans to build a 650,000-square-foot office building on company-owned land in Lawrenceville, N.J. Construction is expected to begin in the fall and the new facility is expected to open by the end of 2016.

The Lawrence Township Planning Board unanimously approved final site plans for the new campus in June. The new campus will be the company's second in Lawrence Township, joining its worldwide headquarters, which opened in 1971. The company currently employs more than 2,000 people in its headquarters and more than 6,000 in Central New Jersey. Once completed, as many as 2,500 people will work at the new facility.

Employees will have state-of-the-art tools to collaborate and enhance their productivity, including personal desktop video capabilities and an immersive, high-definition video conferencing environment. The entire working environment will be both wired and wireless to enable employees to access the applications and information they need no matter where they are on the campus while using whatever computing device makes them most productive. Bristol-Myers Squibb is introducing similar open work spaces around the world.