Manager, Corporate Communications
May 10, 2013
When Tom Bozzuto founded The Bozzuto Group 25 years ago, his goal was simple: to build the best real estate company in America. There was only one way to go about getting that done.
“Your customers cannot have a good experience if your employees don’t enjoy where they work and don’t believe in what you stand for,” said Bozzuto, who leads the company’s strategy.
Tom’s son Toby, who left J.P. Morgan Chase 12 years ago and now serves as the president of Bozzuto, has been carrying… Continue reading
Multi-Housing News: The Bozzuto Group and Peterson Companies Break Ground on the Esplanade at National Harbor
May 10, 2013
Financing has been completed and construction begun on The Esplanade at National Harbor, an apartment building to be developed at National Harbor in Washington, D.C. The announcement was made by the two locally based, privately owned development companies involved in the project, Peterson Companies and The Bozzuto Group.
The mixed-use project will feature 262 luxury studios and one- and two-bedroom… Continue reading
May 09, 2013
National Harbor has a glimmering conference center, tons of new office and retail space, and that beautiful waterfront view. (Not to mention Bobby McKeys—which is both our favorite dueling piano bar and our least favorite place to take a piano lesson.) But an apartment complex has eluded the development. Until now.
We snapped a couple of company namesakes, Bozzuto Group chairman Tom Bozzuto and Peterson Cos chairman Milt… Continue reading
May 08, 2013
On Wednesday morning, Peterson Companies and Bozzuto Development Company broke ground on The Esplanade, a 262-unit apartment building in National Harbor at 250 American Way.
While National Harbor has a few condo buildings and townhouses, The Esplanade is the first apartment complex for the area. National Harbor falls in the category of “greenfield” development, where an entire neighborhood springs up all at once.… Continue reading
May 07, 2013
The Bozzuto Group and the Peterson Cos. plan to hold a groundbreaking ceremony Wednesday on the Eslplanade, the first apartment building to be developed at the National Harbor in Prince George's County.
Bozzuto and Peterson plan to spend about $70 million to develop the building at 250 American Way, which will be built by Bozzuto Construction Co. and managed by Bozzuto Management Co. The 262-unit apartment building is slated for completion in early 2015.
As I reported back in March, Bozzuto and Peterson are hoping… Continue reading
May 05, 2013
You can now lock in to live at one of the new apartments on Telegraph Road.
It's now possible to secure a lease at the Flats170 at Academy Yard apartments.
Bozzuto Group has opened a leasing office at the site along Telegraph Road, and residents may be able to move in later this year.
There are seven buildings under construction with 30 different floor plans with studio, one-bedroom and two-bedroom apartments. In all, Flats170 will have 369 apartments.
Flats170 boasts a wide range of amenities including granite countertops,… Continue reading
April 26, 2013
Programs put a portion of monthly rental payments toward buying a house
In the long-standing debate between renting and owning, Ashley and Matthew Klein may have found the best of both worlds.
The Annapolis, Md., couple have rented a one-bedroom at Bozzuto’s Mariner Bay apartments since 2010 (1910 Towne Centre Blvd., Annapolis, Md.; 877-584-6145). When they decided to buy, they learned they could get credit for all those months of rent checks — to the tune of $10,000.
“Every renter at some point feels… Continue reading
April 16, 2013
Memorable Achievements: Working with the development group to start more than 2,500 apartment units valued at over $650 million in the past one-and-a-half to two years—the most prolific in the Mid-Atlantic developer’s 25-year history. Formulating a $150 million equity fund in partnership with Pritzker Realty Group in 2010, during the depths of the recession. Since then, Washington, D.C., has taken off as a favorite market among investors, and the wisdom of the partnership has been vindicated. “We recognized… Continue reading
February 25, 2013
The Bozzuto Group announced several changes to its leadership team last week that could set the stage for homebuilder Tom Bozzuto to hand the reigns of one of the Washington region’s largest private companies to his son.
Bozzuto, ranked by the Washington Business Journal as Greater Washington’s eighth-largest company with $1.1 billion in 2011 revenue, announced Feb. 20 that Toby Bozzuto will step into a newly created position as company president. He’ll be serving alongside the elder Bozzuto, who will… Continue reading
February 21, 2013
A longtime Bozzuto Group leader is stepping down, and a pair of up-and-coming executives are taking on new roles with the company.
John Slidell, a co-founder, vice chairman and president of Bozzuto Land Co., will step down April 5. Slidell will remain involved as an owner and investor and will represent the company in "select endeavors," according to a statement released by the company. He is scaling back his involvement to "pursue other interests," the statement said.
Meanwhile, Toby Bozzuto, the president… Continue reading