MATRIX DEVELOPMENT GROUP
For more than 30 years, Matrix Development Group has consistently maintained its position as one of the Northeast’s most respected real estate investment and development firms. The company’s unyielding dedication to integrity, excellence, and innovation has earned Matrix the respect of its clients, municipal and regional government officials, and corporate leaders.
The origins of Matrix began when the development potential of the area surrounding Exit 8A of the New Jersey Turnpike was yet undiscovered: industrial activity was minimal and commercial development was virtually non existent. Initially, representing over 2,000 acres of raw land, Matrix emerged as one of the largest mixed use developers in the central New Jersey area, and one of the first companies with the vision to harvest the tremendous potential of Exit 8A.
Exit 8A provided Matrix with a firm foundation and the resources, experience, and drive to seek further growth opportunities through geographic and business diversification. Matrix quickly expanded its commercial and industrial development base throughout New Jersey and into Pennsylvania. It also expanded its portfolio beyond suburban investments to include urban initiatives, as well as business lines such as Matrix Residential Properties and Matrix Golf & Hospitality.
The diversification of the company from its commercial and industrial roots has proven successful for Matrix. The various business lines provide Matrix with the ability to successfully weather shifts in the regional and national economies. As a result, each of the companies has thrived: in recent years, Matrix Residential Properties has prosecuted more than $200 million in development activity and Matrix Golf & Hospitality currently owns and operates five properties throughout the Northeast and Mid Atlantic regions.
Leading Matrix’s growth is Joseph S. Taylor, President and Chief Executive Officer. Under his guidance, Matrix has become firmly established as a full-service real estate investment and development firm. Mr. Taylor has also helped shape Matrix’s commitment to community, an integral part of the Matrix philosophy that goes far beyond the physical and material enhancement of the communities in which the company has a presence.
This commitment is an integral part of the Matrix Philosophy that goes far beyond the physical and material enhancement of the communities in which the company invests. Each year, Matrix engages in a variety of fundraising activities. Our employees contribute significant time and money towards organizations such as Family Services Association, Monroe Education Foundation, Elijah’s Promise, The American Heart Association, March of Dimes and Hands Together, a non-profit organization formed to respond to the needs of the poor and disadvantaged both in the United States and abroad, to name a few.
Matrix’s growth has been the result of determined effort by a talented team of individuals working together under Joe Taylor’s direction. Through the years, this team has pursued exemplary development initiatives in exceptional locations, conducted client transactions with the highest standards of integrity and honesty, and maintained a continuing commitment to the communities with which it conducts business. As a result, Matrix has established itself as the region’s leading full service real estate investment and development firm, having developed real estate valued well in excess of a billion dollars. Guided by those same principles and strengthened by the solid relationship it enjoys with its business and community partners, Matrix looks to the future with great optimism.
JOSEPH S. TAYLOR - PRESIDENT AND CHIEF EXECUTIVE OFFICER
Mr. Taylor joined Matrix Development Group in 1981 at the age of twenty-four. He is responsible for growing Matrix from a sole investment in New Jersey - CenterPoint at 8A, an 1800-acre assemblage of commercial, industrial and residential properties – into one of the most successful full-service real estate investment companies in the industry. Under Mr. Taylor's leadership as President and CEO, the company strategically expanded its geographic reach throughout New Jersey and into New York and Pennsylvania, as well as its business base to include a full service construction firm and a golf and hospitality company. Over the years, the Company has developed more than 20 million square feet of commercial, industrial and residential properties. Mr. Taylor has received countless awards and recognition on behalf of Matrix for his leadership in the industry, charitable efforts as well as quality business practices. Some of Mr. Taylor’s professional affiliations and charitable involvements include: Board Chair, Hands Together; Chairman Emeritus, State of New Jersey’s Real Estate Advisory Board; Chairman Emeritus, Board, NCCJ-NJ National Association of Community & Justice; and Chairman Emeritus, Board of Trustee and Executive Committee, NAIOP NJ and National- National Association of Industrial and Office Properties, to name a few.
Recently, Mr. Taylor has received the following designations and awards: Lifetime Achievement Award – NJ-NAIOP, Person of the Year - Business News NJ, Person of the Year – NCCJ, National Developer of the Year – NAIOP, Business Leader of the Year – Alliance for Action, and Outstanding Service Award – NAIOP National, and most recently, the 2012 Leadership Excellence Award from Monmouth University’s Real Estate Institute.
Mr. Taylor has spent his life giving back to the communities in which he works or with the multiple non profit efforts he supports. Whether it is in his support of the poor and less fortunate in Haiti through Hands Together, providing computers to a local educational non-profit called Monroe Educational Association, being a founding supporter of The Cancer Institute of New Jersey or shaping Matrix’s community support efforts through the Matrix Foundation, Mr. Taylor has led his life striving to make a difference.