Director, PR & Corporate Communications
September 14, 2015
According the National Institute of Building Sciences’ (NIBS) 2014 Consultative Council report, members of the construction industry worry most about three main issues: the workforce shortage, the changing climate, and aligning government and business to advance energy-efficient and high-performance buildings.
These issues require solutions, and the solutions likely will change the future of commercial and industrial buildings.
Increased Savings with Sustainability… Continue reading
September 11, 2015
As published in the Washington Business Journal.
Julie Smith’s career in multifamily management started with one, the Bayberry Apartments in Gaithersburg. All of 29 at the time, Smith was hired by Tom Bozzuto in 1989 — when the Greenbelt-based Bozzuto Group was only a year old — to launch his management operation.
“It was like a startup,” Smith, president of Bozzuto Management, says. “In startups, everybody does everything. I was hired as the person who did everything.”
Fast-forward… Continue reading
September 09, 2015
On Tuesday when Toby Bozzuto became chief executive of the Bozzuto Group, a home building empire his father co-founded 27 years ago, he laid out a number of plans.
He wants to grow the company, which already manages 51,000 units and has annual revenue of more than $1 billion. He wants to continue expansion into other markets. And he wants Bozzuto to be a great place for nearly 2,000 employees to work.
Before mentioning any of that, Bozzuto said one of his top priorities will be to… Continue reading
September 09, 2015
The Bozzuto Group announced that Toby Bozzuto has been named chief executive officer. In this role, he becomes responsible for providing strategic as well as day-to-day leadership of the company, in addition to helping guide future growth of all four of the company’s operating businesses. Current CEO Tom Bozzuto will remain in the role of chairman of The Bozzuto Group, continuing to be an active member of the Investment Committee, overseeing Asset Management and expanding his role… Continue reading
September 09, 2015
Toby Bozzuto is stepping into his father's role as chief executive officer of the Bozzuto Group.
The younger Bozzuto has succeeded Thomas S. Bozzuto. The move became official Tuesday. In his new role, Toby Bozzuto will provide both strategic and day-to-day leadership of the company and its more than 2,000 employees, and pursue growth of the company's four operating businesses.
Thomas Bozzuto, who retains his position as chairman, will focus on continuing his role… Continue reading
July 02, 2015
The Bozzuto Group recently held the grand opening of the long-anticipated Cathedral Commons development, which includes 137 rental apartments and eight upscale townhouses for rent.
The mixed-use development, at 3401 Idaho Ave. NW near the National Cathedral, cost $125 million to build.
It includes 125,000 square feet of retail space with a Giant Food store, a CVS Pharmacy, a Starbucks, a SunTrust Bank, a Solidcore fitness facility, a Wylie Wagg pet store and Barcelona restaurant and… Continue reading
June 17, 2015
Winners to Be Honored October 5–8 at ULI Fall Meeting in San Francisco
WASHINGTON (June 17, 2015) — Twenty-two real estate developments have been selected as finalists in the 2015 Urban Land Institute (ULI) Global Awards for Excellence competition, widely recognized as one of the land use industry’s most prestigious award programs. This year’s finalists represent developments from around the globe, including six in Asia, five in Europe, and 11 in North America.
Award… Continue reading
Baltimore Business Journal: Baltimore Officials Call on Developers to Follow Bozzuto's Lead as Locust Point Apartment Project Begins
June 03, 2015
Developers and city leaders looked forward Wednesday during a ceremonial groundbreaking for the Bozzuto Group's next luxury apartment project in Locust Point.
Construction on the $100 million, nine-story Anthem House began in May, but the ceremony was delayed by the recent riots. The building is expected to open in spring 2017 and feature a 6,600-square-foot fitness center, one-acre rooftop park, infinity pool overlooking the Inner Harbor, a restaurant and 20,000… Continue reading
June 03, 2015
Ceremonial dirt lay piled in the parking lot. Golden shovels were in place. Past the shoulders of city leaders and big-name CEOs, excavators prepared the grounds for a new $100 million apartment complex in South Baltimore.
"This is not your typical groundbreaking," said Tom Bozzuto, CEO of The Bozzuto Group, which along with Scott Plank's War Horse LLC and Solstice Partners is working on the 292-unit development.
When the April 27 groundbreaking for the… Continue reading
March 18, 2015
For the past three decades, women have been climbing the ranks to take top positions at some of the largest companies in the multifamily industry. They’ve been at the forefront of the biggest trends and pioneered the biggest deals. Here, we honor 10 of the most influential women among them.
President, Bozzuto Management Co.
Julie Smith dubs her career in the multifamily industry "a series of fortunate events," but it's clear that more than… Continue reading