Development
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Projects in Development
  Wyomissing Square
Wyomissing, PA

Located within the larger mixed-use community of Wyomissing Square, this elegant community will consist of 248 apartment residences. The project is an adaptive re-use of an existing industrial facility with neighbors including brand new retail shops, a Marriott Courtyard hotel, restaurants, and office space.

Scheduled Delivery: Fall 2009

JV Partner: The Bozzuto Group and New Boston Fund, Inc

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  The Fitzgerald
Baltimore, MD

The Fitzgerald is located adjacent to the Lyric Opera House and Mount Royal Station in the heart of Baltimore City's cultural district.  This exciting development represents a vibrant mix of residential apartments and street-level retail, as well as parking resources that will enhance the University of Baltimore's academic community and the surrounding neighborhood.   

  • Approximately 200 luxury apartments
  • Approximately 40,000 square feet of retail
  • A parking structure accommodating approximately 1,300 spaces 

Scheduled Delivery: Fall 2008

JV Partner: The Bozzuto Group and PMI

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  Mariner Bay
Annapolis, MD

Located within the 35-acre mixed-use Annapolis Towne Centre, Mariner Bay offers 10 levels of residential above 2 levels of retail.

  • 208 luxury apartments
  • 95,000 square feet ground floor retail 
  • Adjacent parking structure with over 1,000 parking spaces

Project Delivery: Spring 2009

Projected Value: $72 million

JV Partner: Greenberg Gibbons Commercial & Prudential Real Estate Investments

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  Monroe Place
Herndon, VA

Located directly off the Dulles Toll Road, within the 10-acre Woodland Park Crossing Town Center, the project offers luxury apartment residences in elevator-served buildings.  The apartments are located above an adjacent to ground floor retail. 

  • 204 luxury apartments 
  • Ground floor retail 
  • Adjacent parking structure with 327 residential parking spaces 

Scheduled Delivery: Spring 2009

Projected Value: $52 million

JV Partner: NYSTRS (New York State Teachers Retirement System)/JP Morgan

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  Metropointe
Wheaton, MD

Located above a metro station in the heart of downtown Wheaton, close to restaurants and shopping, this project is an integral part of the city's revitilization.

  • 173 units (70% market rate, 30% affordable) including lofts as well as single-flats in a 5-story building.
  • Approximately 3,200 sf of retail space
  • New Metro Kiss & Ride facilities
  • 210 space residential parking garage
  • Public and private open spaces

Project Value: Approximately $50 million
JV Partner: Bozzuto Development Company and Housing Opportunities Commission of Montgomery County.

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  Carver 2000 Senior Mansion
Washington, DC

Located within the very distinct neighborhood of Marshall Heights in northeast DC, just three blocks from the Benning Road metro station. The effort for this new development was led by the Carver 2000 Tenants Association, Inc., comprised of residents who lived on the site prior to its redevelopment.

  • 104 affordable senior apartments
  • 1.04 acres
  • Library and arts & crafts room
  • Quiet room and lounges
  • Fitness center
  • 4 rooftop terraces

Project Value: Approximately $18 million

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  Jericho Senior Living
Landover, MD

This mixed-income senior community will add to the booming Landover neighborhood. Jericho Baptist Church is leading this effort, and will offer a number of educational and recreational services to future residents.

  • 270 affordable senior apartments
  • Fitness and business center 
  • Chapel
  • Billiards and Media Room
  • Beauty/Barber Shop
  • Outdoor recreation features

Project Value: Approximately $55 million
JV Partner: Bozzuto Development Company and Potomac Real Estate Company, LLC and Jericho Senior Living, LLC.

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