The unveiling comes on the heels of several earlier projectsannounced by Pfizer, which is based in New York but has extensiveoperations in the Garden State. The earlier announcements, whichcarry a combined price tag of $400 million, include construction ofa 250,000-sf R&D complex in nearby Morris Plains; constructionof a 450,000-sf office building in the same community; and therenovation and expansion of existing office and lab space aroundthe state.

The two projects in Morris Plains received zoning approval backin April, and ground was broken for the new facilities in October.All of the various projects are expected to be completed by themiddle of 2007, according to Pfizer's Bryant Haskins. The newR&D center is being built on the site of a formerWarner-Lambert campus.

And Pfizer's various projects are getting a big boost in theform of state aid. State officials last week approved $25 millionworth of sales tax exemptions, the first to be granted under thestate's new Business Retention and Relocation Assistance program.Altogether, Pfizer's various projects will keep close to 2,100 jobsin the state.