News

Multi-Housings News: Tom Bozzuto Facebook Chat Transcript

January 25, 2012

New York—Tom Bozzuto, CEO of The Bozzuto Group, a real estate firm based in Greenbelt, Md., participated in a live chat on Tuesday, January 24th, on the MHN Facebook page to answer readers’ questions.

Below is the transcript of the chat session.

Tom Bozzuto: Good morning, everyone. I’m happy to be here.

Question: Thanks for being on the cutting edge. Please spend a little time discussing how BMC [Bozzuto Management Company] is leveraging social media to extend your brand.

Bozzuto: We believe that… Continue reading

Towson Patch: Bozzuto Breaks Ground on Towson Green

June 07, 2011

The 121-unit complex includes upscale homes and environmentally-friendly features

Government officials and business executives helped preside at the ground-breaking of Towson Green, a 121-unit residential complex near downtown Towson during a ceremony on Tuesday.

The $10.3 million, 9.2-acre project is being built by by the Bozzuto Group and is scheduled for completion in 2014.

"Towson Green represents an important part of the progress that is revitalizing downtown Towson," Baltimore County Executive Kevin… Continue reading

The Gazette: Talking With Steve Monroe: A Hall of Fame Career

May 06, 2011

There was Thomas S. Bozzuto, in larger-than-life images on the big video screens overlooking the ballroom, explaining to the large crowd how the Bozzuto Group of Greenbelt came to be so successful as a developer — and he became a Hall of Fame inductee.

"Early on I thought I wanted to correct all the ills of America's cities," Bozzuto said in his trademark deep voice, speaking of his years as a young man when he earned a master's in urban studies. "Then later I realized that developers were… Continue reading

The Daily Record: Three Inducted into Maryland Business Hall of Fame

May 04, 2011

The Maryland Chamber of Commerce inducted three business executives from around the state into its Maryland Business Hall of Fame on Wednesday during the group’s annual membership meeting.

Joining the elite group of business leaders were R. Neal Black, president and CEO of Jos. A. Bank Clothiers Inc.; Thomas S. Bozzuto, chairman and CEO of The Bozzuto Group; and Maurice B. Tosé, chairman and CEO of TeleCommunication Systems Inc.

“This year’s inductees are exceptional business leaders who have… Continue reading

Washington Post: Tysons Corner Apartments Coming Quickly, But in Small Doses

April 24, 2011

Housing builders are scouring Tysons Corner for development sites and talking to large landowners about partnering on apartment projects, as banks have shown more willingness to finance rental housing than other types of development.

The interest is alleviating concerns that major landowners would resist building new housing in Tysons, leaving the area an office canyon, albeit a more urban one.

“It’s sort of the perfect storm right now of improving transportation, appropriate housing policy . . . and a… Continue reading

Baltimore Business Journal: Supply May Soon Catch up with Demand for Apartments

December 17, 2010

People need a place to lay their heads after the work day’s done, even in a recession.

That simple premise has given rise to a surge in new apartment construction in Greater Baltimore in the past three months, as developers look to take advantage of rising foreclosures, federally funded aid programs, and what most builders see as a shortage of affordable rental housing.

Permits for multifamily buildings in the Baltimore-Washington region spiked in the third quarter of 2010 by 427 percent compared to the same… Continue reading

The Daily Record: National Harbor Getting Apartments

December 15, 2010

The Greenbelt-based Bozzuto Group is teaming up with fellow D.C.-area developer Peterson Cos. to bring a 350-unit apartment complex to National Harbor, the first planned rental property at the Prince George’s County mixed-use development.

Stuart Prince, the residential development director for the Peterson Cos., said his company had achieved enough of a permanent community to move ahead with plans to add rental units to the 300-acre waterfront development. He said 75 percent of Peterson’s 423 condominiums… Continue reading

GlobeSt.com: Bozzuto, Peterson Partner on $89 Million Project

December 14, 2010

Two DC real estate families--the Bozzutos and the Petersons--are teaming up to build an apartment building at the Peterson Cos.' National Harbor mixed-use development. The development costs for the project, which will include 25,000 square feet of retail is $89 million, Toby Bozzuto tells GlobeSt.com.

The project came about when the Petersons reached out to our family earlier this summer, Bozzuto says. "We jumped on the opportunity because National Harbor is an incredible community and because the Petersons… Continue reading

Washington Post: Apartments Planned for National Harbor

December 13, 2010

The Peterson Cos. and the Bozzuto Group will partner to bring the first apartment community to National Harbor in 2013, the companies announced Monday.

National Harbor, a waterfront development of condominiums, hotels, restaurants and stores, opened in 2008 in Prince George's County.

"The site is a superb location for new development -- future residents will be just steps away from a wealth of conveniences including fine dining, recreation and shopping options, as well as a dry cleaners and a gourmet grocery… Continue reading

Washington Examiner: First Apartments Coming to National Harbor

December 13, 2010

Folks who can't afford to plunk down $300,000 to $1 million on a fancy condo will finally have their chance to live at National Harbor. The upscale development plans to open its first apartment building with 350 residences coming in 2013.

Peterson Cos., the National Harbor developer, is partnering with the Bozzuto Group to build the apartment community, both companies announced Monday.

The apartments will boast 25,000 square feet of street-level retail space and include resident amenities like a pool, fitness center,… Continue reading